NEW YORK: Waiving patent protections for Covid-19 vaccines is fiercely opposed by Big Pharma because they say it would set a precedent that could threaten future innovations, and insist the move would not speed up production.
Here are some of the consequences waiving the patent protection on novel coronavirus vaccines could have.
No immediate impact
The vaccine makers say patents are not the key factor impeding faster production.
“Handing needy countries a recipe book without the ingredients, safeguards, and sizable workforce needed will not help people waiting for the vaccine,” said Michelle McMurry-Heath, head of the Biotechnology Innovation Organization (BIO), an industry…
