The WTO reaches an agreement to release patents on anticovid vaccines

After almost two years of negotiations, the World Trade Organization (WTO) reported that the 164 countries that are part of the Organization reached an “unprecedented” pact last Friday that allows developing countries to manufacture coronavirus vaccines for five yearswithout paying royalties.

The agreement that suspends patents for anticovid vaccines, debated for 20 months since it was proposed by India and South Africa, will also achieve “make access to medical supplies and components more predictable both in this pandemic and in future ones“, assured the director general of the WTO.

This commitment was celebrated today by the heads of trade in the European Union (EU) and USA, but was criticized both by Doctors Without Borders, which considered it “disappointing” for not covering tests and treatments, and by the pharmaceutical industry.

In a statement, the International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) assured that the approved text “sends the wrong message to researchers and innovators” by suggesting that intellectual property is a barrier to the response to the pandemic.

Photo: Twitter

For his part, the president of the International Federation of Red Cross Societies and the Red Crescent (IFRC), Francesco Rocca, affirmed today that the agreement in the World Trade Organization (WTO) to suspend the patents of anticovid vaccines in developing countries “arrives late and falls short“.

“It’s not the result we expected, because we wanted more”Rocca affirmed in a press conference after his re-election as president of the IFRC, in which he underlined that agreement within the WTO “it’s a missed opportunitybecause more should be done to reduce inequality“.

Negotiating something that should be obvious, access to vaccines, treatments and tests for a lethal disease, is very difficult to accept, for me it is an insultRocca assured.

The re-elected president of the Federation also said he felt “frustrated” knowing the conditions in which the heads of national Red Cross societies in many developing countries are forced to respond to the pandemic.

Leave a Comment