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.
00:02:22

Young Washington: Movie Review

Sitting in the theater watching Young Washington, I found myself wondering why this story hadn’t been made into a film sooner.
00:02:08

A Movie That’ll Keep You Awake: A Great Awakening

So how does someone (me) who thinks they’ve just seen the greatest movie ever (A Great Awakening), persuade you to watch it?

Ring That Bell

If I could travel back in time to 1776,...

Thoughts On America 250

Before you, American reader, is the honor, blessing, and privilege of celebrating the 250th anniversary of our nation. A nation toward which God has been merciful, shining His great grace.
00:01:39

Citizen Vigilante Delivers the Warning Western Governments Desperately Need to Hear

Citizen Vigilante shows what happens when the state stops defending the native population and shields favored migrant groups while criminalizing native dissent.
00:02:45

Trump to Ease Ground Beef Import Quotas for 90 Days

President Trump will allow up to 300,000 metric tons of ground beef to be imported with no out-of-quota tariff for 90 days to reduce beef prices for Americans.

US State Bill May Criminalize Prayers Outside Abortion Centers: Pro-Life Organization

New Jersey Gov. Mikie Sherrill signed legislation on Thursday that can potentially criminalize conducting prayers outside abortion centers.
00:02:14

8 Killed After Charter Plane Crashes in Western Alaska: US Military

The U.S. military said on Aug. 20 that eight people were killed when a charter plane crashed at a remote military radar site in western Alaska.

Trump Tells Michael Cohen ‘They Weaponized You’ in Radio Interview, Praises His Recanting

President Donald Trump appeared on Michael Cohen’s radio show and commended his former attorney for recanting his previous statements.
00:20:06

First Lady Unveils Racing Collaboration, $2 Million in ‘Fostering the Future’ Scholarships 

First Lady Melania Trump at the White House announce $2 million in scholarships for foster youth, expanding her Fostering the Future initiative.
00:01:31

Trump Announces Pause on 50 Percent Tariff as US, Canada Reach Last-Minute Deal

President Trump announced he would delay an additional 50 percent tariff on certain Canadian goods following last-minute talks between the two countries.
00:01:47

Trump Says He’ll Declare the Hormuz Strait a US Territory ‘Pretty Soon’

President Trump announced his intention to declare the Strait of Hormuz a U.S. territory, introducing a new position regarding the vital waterway.

Trade Court Upholds Trump’s Shutdown of $800 De Minimis Duty Exemption

U.S. Court upheld Trump admin’s authority to end the de minimis exemption allowing Americans to avoid paying duty on packages worth $800 or less.
spot_img

Related Articles

Popular Categories

MAGA Business Central