COVID-19 Vaccine IP Waiver Will Benefit Foreign Rivals Like China, Critics Warn

5Mind. The Meme Platform
The Epoch Times

WASHINGTON—The debate is growing over whether developed countries including the United States should temporarily waive intellectual property (IP) and patent rights on COVID-19 vaccines to expedite global vaccination efforts.

The Biden administration on May 5 announced that it would support the waiver of those protections for vaccines “to expand vaccine manufacturing and distribution” around the world to end the pandemic.

Experts, however, believe waiving patents wouldn’t resolve the vaccine shortage problem, due to the complexity of producing the mRNA-based vaccines. They also argue that the move would allow countries such as China to exploit American innovation and technology to their advantage.

“There is absolutely no need or compelling rationale” for the IP waiver, according to Stephen Ezell, vice president at the Information Technology and Innovation Foundation, a technology think tank.

Once a country forces the disclosure of know-how, there would be no control over who has access to it, he told The Epoch Times.

This will not only affect the COVID-19 vaccines, but also non-COVID-related drugs and therapies using mRNA technology.

“What’s absurd is their assertion that such a waiver wouldn’t lead to China getting their hands on technologies innovative companies have invested billions to develop; and instead of China getting through stealing it, our own government would be complicit in compelling its handover,” Ezell said.

Traditional vaccines put a weakened or inactivated germ into people’s bodies to trigger an immune response. Vaccines produced by Pfizer and Moderna, however, use messenger ribonucleic acid (mRNA) that teaches cells how to make a protein to trigger an immune response when someone gets infected.

The mRNA vaccine technology established a new platform for vaccine and gene-therapy industries, and while some Chinese firms have also started to develop their vaccines using this new technology, Western companies are still leaders in this space. China also doesn’t have any prior experience in industrial-scale production of mRNA vaccine, according to Sean Lin, a microbiologist and a former lab director of the viral disease branch of the Walter Reed Army Institute of Research.

BY EMEL AKAN

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Thinking Conservative
The Thinking Conservativehttps://www.thethinkingconservative.com/
The goal of THE THINKING CONSERVATIVE is to help us educate ourselves on conservative topics of importance to our freedom and our pursuit of happiness. We do this by sharing conservative opinions on all kinds of subjects, from all types of people, and all kinds of media, in a way that will challenge our perceptions and help us to make educated choices.

The CFP punts on expansion

Friday marked the official deadline for CFP management committee to inform ESPN of any format shake‑ups for next season. No shake‑up materialized.

Faith, fury, and flash mobs

Once the Twin Cities of St. Paul and Minneapolis were America’s neighborly cities. Today, they're the proud home of the Minneapolis and Mogadishu.

Laws Are Laws, Not Suggestions

Federal law is the law of the land, occupying the highest position in the American legal hierarchy and overrides state and local laws when conflicts arise.

Coming Major Storm Could End Democrats!  

The now proven global warming / climate change hoax could actually cost American lives due to its impact on our power grids.

Iowa Senator Grassley Opposes SAVE Act!?  

The SAVE Act would amend the National Voter Registration Act of 1993 to require proof of U.S. citizenship in order to register to vote in federal elections.

Federal Agent Fatally Shot Armed Man in Minneapolis: DHS

One person was shot by federal officers in Minneapolis. Federal authorities maintain that the ICE agent acted in self-defense.

Airlines Cancel Nearly 12,000 Flights as ‘Catastrophic’ Winter Storm Moves In

Air travel was disrupted in parts of the US as a “catastrophic” weekend storm plowed through the Southern Rocky Mountains and into New England.

Dr. Oz Flags Potential Fraud at Former Minnesota Factory Housing 400 Medicaid Businesses

The businesses collectively billed an estimated $380 million to...

FBI Data Reveal Historic Uptick in Arrests Amid ‘Full-Scale Reset’ of Agency

The first year of President Donald Trump’s second term saw historic reductions in violent crimes, while federal arrests soared by 100 percent, according to the FBI.

Trump Says Canada Will Face 100 Percent Tariffs if It ‘Makes a Deal With China’

President Trump says Canadian goods exported to the United States would be hit with 100 percent tariffs if Canada makes a deal with China.

Trump Rejects Proposal to Let Homebuyers Use 401(k) Funds for Down Payments

President Trump said that he rejected a proposal to allow Americans to withdraw money from their 401(k) accounts for home down payments.

Trump Withdraws Invitation for Canada’s Carney to Join Board of Peace

President Trump has withdrawn his invitation for Canadian PM Mark Carney to join the U.S.-led Board of Peace that will initially focus on rebuilding Gaza.

US Will Work With NATO on Greenland Deal: Trump

The USwill work with NATO to secure Greenland, with America having the freedom to “do anything we want,” President Trump told reporters.
spot_img

Related Articles