The Biden administration plans to support a temporary waiver on patents and other intellectual property rules preventing developing countries from mass-producing generic COVID-19 vaccines, United States Trade Representative Katherine Tai announced on Wednesday. Sarah Silbiger/Getty Images U.S. Trade Representative Katherine Tai announced the Biden administration's support for the waiver on Wednesday. “The Administration believes strongly in intellectual property protections, but in the service of ending this pandemic, supports the waiver of these protections for COVID-19 vaccines,” Tai said in a statement. The US supports the waiver of IP protections on COVID-19 vaccines to help end the pandemic and we’ll actively participate in @WTO negotiations to make that happen. “We will actively participate in text-based negotiations at the World Trade Organization (WTO) to make that happen,” she said in her statement.

Source: Huffington Post May 05, 2021 19:27 UTC