icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm
26 Apr, 2021 17:04

Bill Gates says ‘NO’ to opening vaccine patents – adds it probably won’t take a DECADE for poor nations to get the jab

Bill Gates says ‘NO’ to opening vaccine patents – adds it probably won’t take a DECADE for poor nations to get the jab

A suggestion to waive patent restrictions on Covid-19 vaccines has been rejected by Bill Gates, who said he doesn’t believe intellectual property has anything to do with the drawn-out global effort to rein in the pandemic.

Vaccines developed by pharmaceutical giants like Pfizer and Moderna enjoy global protection under the World Trade Organization (WTO). Considering the scarcity of the medicines, there have been increasing calls from countries like India and South Africa, international relief organizations and public figures to waive those protections so that poorer countries can get better access to the medicines.

However, one of the most publicized figures in the global vaccination campaign, Bill Gates, apparently believes it’s a bad idea. When asked by Sky News’ Sophy Ridge if stripping intellectual property protections from vaccine recipes would be helpful, the founder of Microsoft responded with an emphatic “No.”

“The thing that’s holding things back in this case is not intellectual property. It’s not like there’s some idle vaccine factory, with regulatory approval, that makes magically safe vaccines. You know, you’ve got to do the trial on these things. Every manufacturing process has to be looked at in a very careful way,” he explained.

There are all sorts of issues around intellectual property having to do with medicines. But not in terms of how quickly we’ve been able to ramp up the volume here.

Gates cited his foundation’s experience in helping to organize vaccine production in developing nations like India and said the fact that poor nations would likely have a chance to get supplies from rich ones as soon as they immunize their own populations was a success. “Typically, in global health it takes a decade between when a vaccine comes into the rich world and when it gets into the poor countries,” he noted.

Both Gates and his foundation are long-time defenders of intellectual property protections, and now critics are accusing Gates of deliberately wasting an opportunity to help reshape how intellectual property works for matters of greater public good. The Covid-19 ACT-Accelerator mechanism, backed by the Bill & Melinda Gates Foundation, has a stated goal of providing “equitable access” to anti-Covid tools – but it also respects the exclusive intellectual property rights. At the same time, Gates has apparently been snubbing the alternative solution, known as Covid-19 Technology Access Pool, or C-TAP, which would pool open-source technologies on how to deal with the pandemic.

Also on rt.com Vaccine producers could have funded jabs for all of Africa, instead shareholder payouts & sluggish ‘charity’ efforts are priority

Big Pharma is quite happy with the status quo and has reportedly been engaged in its own effort to sink the waiver proposal. According to a Sunday report by the Financial Times, US pharmaceutical companies have been rattled by a recent WTO speech by Joe Biden’s top trade official Katherine Tai, in which she said Washington could “consider what modifications and reforms” can be applied to intellectual property rules.

FT sources say that, in response, companies have been trying to convince the White House that China and Russia would benefit from patent exposure, using the proprietary US technologies “for other vaccines or even therapeutics for conditions such as cancer and heart problems in the future.”

Think your friends would be interested? Share this story!

Podcasts
0:00
25:25
0:00
27:21