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.

Congress fumbles college sports

College sports landscape is a dumpster fire and every sports reporter, broadcaster and fan believes Congress needs to stay out of it.

The Hating Game

The Democrat Party game show should be titled "The Hating Game", played by pitting one class, race, or identity against another for political power.

The Invasion Of The Ballot Snatchers

As election results loom, California faces ballot controversies in a real-life political drama that raises concerns about election integrity.

The politics of perception

Shapiro relies on big-money fundraising, while Garrity’s campaign emphasizes local support and fiscal discipline.

The Coming Tsunami of AI Entertainment

If AI replaces creativity, critical thinking, imagination, discipline, and effort, it could be the greatest enabler of human decline.

Protests in Los Angeles as Iranian Soccer Team Arrives for 1st World Cup Match

Iranian Americans protested against the regime in Tehran as the Iranian soccer team arrived in LA for their first World Cup match against New Zealand on June 15.

CMS Proposes Creating Permanent Framework for Medicare Drug Price Negotiations

CMS proposed a permanent framework for its Medicare drug price negotiation program that will make the process for lowering costs more transparent.

Treasury Broadens Bank Data-Sharing Rules to Target Fraud

The Treasury Department issued new guidelines allowing banks to more easily share customer data when investigating fraud and crime.

US Military Strike Killed Tren de Aragua Leader Niño Guerrero: Trump

Trump say U.S. military strike killed Héctor Rusthenford Guerrero Flores, (Niño Guerrero), the leader of the Venezuelan gang Tren de Aragua.

Trump Threatens 100 Percent Tariff on French Wines Over Digital Services Tax

Trump threatened to impose a 100% tariff on French wines and champagne unless France eliminates its digital services tax on large American tech companies.

Trump Heads to G7 Summit in France: Here’s What to Expect

U.S. President Donald Trump is en route to France on June 15 to attend the annual G7 summit, just hours after announcing a deal with Iran.

Trump Reopens Pacific Marine Monuments to Commercial Fishing

President Donald Trump on Thursday issued a proclamation reopening large portions of several Pacific marine national monuments to commercial fishing.

Trump Says US ‘Not Looking to Renew’ Trade Deal With Canada, Mexico Ahead of July Review

President Trump is considering not renewing the North American free trade deal, citing U.S. being better off without goods produced by Canada and Mexico.
spot_img

Related Articles

Popular Categories

MAGA Business Central