The Briefing Room
General Category => Politics/Government => Topic started by: libertybele on May 06, 2021, 05:32:49 pm
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Everything that the Biden administration does will help China; China dominates their every move. One reason that they had to ensure that Trump didn't get a second term; he stepped on China's toes.
GOP Senators Warn That Biden’s Support for Vaccine Patent Waiver Will Benefit Russia, China
President Biden’s decision Wednesday to support the temporary waiver of intellectual property protections on COVID-19 vaccines follows appeals by Democrats arguing that it will help end the global pandemic more quickly, but some Republicans warn it could mean handing over critical American IP to adversaries like China and Russia.
Welcoming the move, World Health Organization chief Tedros Adhanom Ghebreyesus commended what he called a “historic decision for vaccine equity and prioritizing the well-being of all people everywhere at a critical time.”
Some in the pharma industry argue that infrastructure capacity problems and raw material shortages, not intellectual property (IP) protections, are what’s holding up a quicker distribution of COVID-19 vaccines around the world.
They also warn that the unintended consequences of waiving patent protections for vaccines could include quality control issues affecting safety and efficacy, and a dampening effect on future investment and innovation.
The decision to support a temporary TRIPS (Trade-Related Aspects of Intellectual Property Rights) waiver was announced at the World Trade Organization (WTO) by U.S. Trade Representative Katherine Tai, who said although the administration believes strongly in IP protections, it supports the waiver “in service of ending this pandemic.”..............
https://www.cnsnews.com/article/international/patrick-goodenough/gop-senators-warn-bidens-support-vaccine-patent-waiver