Dubai Telegraph - WTO agrees to lift Covid vaccine patents, but is it 'too late'?

EUR -
AED 4.228976
AFN 73.119834
ALL 94.021967
AMD 424.002895
ANG 2.061694
AOA 1056.527737
ARS 1654.438924
AUD 1.637643
AWG 2.072745
AZN 1.956608
BAM 1.940524
BBD 2.320433
BDT 141.427884
BGN 1.947091
BHD 0.434244
BIF 3444.211275
BMD 1.151525
BND 1.475981
BOB 7.990101
BRL 5.862184
BSD 1.15213
BTN 108.888809
BWP 15.437474
BYN 3.18969
BYR 22569.89
BZD 2.317159
CAD 1.624272
CDF 2671.538139
CHF 0.920005
CLF 0.025916
CLP 1019.974636
CNY 7.781373
CNH 7.790504
COP 3955.488375
CRC 524.76893
CUC 1.151525
CUP 30.515413
CVE 109.797998
CZK 23.95408
DJF 204.648869
DKK 7.411376
DOP 67.4793
DZD 153.01346
EGP 57.470537
ERN 17.272875
ETB 182.372797
FJD 2.572162
FKP 0.85688
GBP 0.865181
GEL 3.045783
GGP 0.85688
GHS 13.009584
GIP 0.85688
GMD 84.060962
GNF 10107.509554
GTQ 8.781943
GYD 241.002785
HKD 9.024242
HNL 30.74249
HRK 7.534541
HTG 150.46551
HUF 346.205579
IDR 20437.956615
ILS 3.384545
IMP 0.85688
INR 108.599745
IQD 1508.49775
IRR 1583346.874934
ISK 143.169139
JEP 0.85688
JMD 182.215568
JOD 0.816453
JPY 184.54685
KES 149.145723
KGS 100.700587
KHR 4620.486077
KMF 489.397908
KPW 1036.372903
KRW 1740.950341
KWD 0.354783
KYD 0.960142
KZT 561.852126
LAK 25368.095524
LBP 103119.063813
LKR 385.974892
LRD 209.750083
LSL 18.648784
LTL 3.400154
LVL 0.696546
LYD 7.340995
MAD 10.645869
MDL 20.104732
MGA 4836.404941
MKD 61.13059
MMK 2417.565662
MNT 4119.380119
MOP 9.295623
MRU 46.153174
MUR 54.27165
MVR 17.802858
MWK 1999.047696
MXN 19.897811
MYR 4.680724
MZN 73.584871
NAD 18.656912
NGN 1565.060256
NIO 42.157445
NOK 11.057916
NPR 174.22099
NZD 1.988954
OMR 0.442759
PAB 1.15213
PEN 3.929591
PGK 5.052604
PHP 69.521029
PKR 320.467319
PLN 4.200383
PYG 7030.653504
QAR 4.19213
RON 5.189965
RSD 116.385846
RUB 84.02856
RWF 1713.4692
SAR 4.3204
SBD 9.282931
SCR 16.253917
SDG 691.489983
SEK 10.927914
SGD 1.476289
SHP 0.85973
SLE 28.500579
SLL 24146.907707
SOS 658.105205
SRD 42.988761
STD 23834.24258
STN 24.642635
SVC 10.08073
SYP 127.280474
SZL 18.651112
THB 37.464291
TJS 10.680124
TMT 4.041853
TND 3.352953
TOP 2.772596
TRY 53.484876
TTD 7.826389
TWD 36.340404
TZS 3022.756545
UAH 51.598556
UGX 4262.445308
USD 1.151525
UYU 46.514236
UZS 13824.057461
VES 686.350812
VND 30315.04715
VUV 137.32261
WST 3.15485
XAF 650.833528
XAG 0.016533
XAU 0.000266
XCD 3.112054
XCG 2.076436
XDR 0.810325
XOF 650.611831
XPF 119.331742
YER 274.782682
ZAR 18.81274
ZMK 10365.107498
ZMW 20.363694
ZWL 370.79058
  • RBGPF

    -1.7300

    61.14

    -2.83%

  • RYCEF

    -0.1600

    18.43

    -0.87%

  • NGG

    -1.6000

    80.68

    -1.98%

  • CMSC

    -0.0450

    22.32

    -0.2%

  • GSK

    -0.0700

    52.15

    -0.13%

  • VOD

    -0.3600

    14.53

    -2.48%

  • BTI

    -1.8900

    59.49

    -3.18%

  • RELX

    -0.7900

    32.01

    -2.47%

  • RIO

    -3.0700

    102.67

    -2.99%

  • AZN

    -0.8200

    177.89

    -0.46%

  • CMSD

    0.0300

    22.29

    +0.13%

  • BCE

    -0.5400

    23.28

    -2.32%

  • BCC

    -0.7500

    70.81

    -1.06%

  • JRI

    -0.1900

    12.62

    -1.51%

  • BP

    -1.0100

    40.14

    -2.52%

WTO agrees to lift Covid vaccine patents, but is it 'too late'?
WTO agrees to lift Covid vaccine patents, but is it 'too late'? / Photo: Simon MAINA - AFP/File

WTO agrees to lift Covid vaccine patents, but is it 'too late'?

The World Trade Organization agreed Friday to temporarily lift patents on Covid-19 vaccines after two years of bruising negotiations, but experts expressed scepticism that the deal will have a major impact on global vaccination inequality.

Text size:

The unprecedented agreement, sealed by all 164 WTO members after late-night overtime talks, will grant developing countries the right to produce Covid vaccines for five years "without the consent of the right holder".

Since October 2020, South Africa and India have called for intellectual property rights for coronavirus vaccines to be temporarily lifted so they can boost production to address the gaping inequality in access between rich and poor nations.

But Friday's compromise fell short of their earlier requests that the waiver apply to all countries -- and also cover Covid tests and treatments.

Under the terms of the new deal, WTO members have six months to decide on whether to extend the measures "to cover the production and supply of Covid-19 diagnostics and therapeutics".

"This does not correspond to the initial request," said Jerome Martin, the co-founder of the Drug Policy Transparency Observatory, pointing to the fact that the deal only includes developing countries.

"We have to see what it does in the field, but it is not ambitious at all," he told AFP.

- 'Disappointing' -

James Love, director of Knowledge Ecology International, said it was "a limited and disappointing outcome".

"The fact that the exception is limited to vaccines, has a five-year duration and does not address WTO rules on trade secrets makes it particularly unlikely to provide expanded access to Covid-19 counter-measures," he said in a statement.

"The pressure this week was to reach consensus in order to make multilateralism look like it works, which seems to have been the main justification for producing this decision."

Max Lawson, co-chair of the People's Vaccine Alliance and Oxfam's head of inequality, singled out Switzerland, Britain and the European Union for "blocking anything that resembles a meaningful intellectual property waiver".

"The conduct of rich countries at the WTO has been utterly shameful," he said.

The agreement also disappointed the pharmaceutical lobby group IFPMA, which warned that "dismantling" patent protections would strangle innovation.

"The single biggest factor affecting vaccine scarcity is not intellectual property, but trade. This has not been fully addressed by the World Trade Organization," said IFPMA's director general Thomas Cueni.

And while vaccine doses were scarce early in the pandemic, that is no longer the case.

Nearly 14 billion doses had been produced worldwide as of mid-June, according to research group Airfinity.

As supply soars, some vaccine makers like the giant Serum Institute of India have stopped producing doses due to falling demand.

Yet many developing countries still lag far behind the rest of the world in vaccination rates.

While 60 percent of the world's population has received two vaccine doses, that number falls to 17 percent in Libya, eight percent in Nigeria and less than five percent in Cameroon, according to the World Health Organization.

Pharma groups have said that the logistics involved in distributing vaccines in developing countries is a far bigger hurdle to rolling out doses.

- 'Wealthy countries failed' -

Even India, which fought long and hard for the waiver, expressed doubts about whether the final compromise deal would have an effect.

Earlier this week, Indian Commerce and Industry Minister Piyush Goyal said that "my own feeling is, not a single factory, not one, will ever come up with the agreement that we are finally trying to negotiate and which may get approved."

"It is just too late," he said in a statement.

It marks the first time the WTO has temporarily lifted patents on vaccines, though in 2001 it set up a compulsory licensing mechanism for HIV treatments.

Francois Pochart, a patent specialist at the August Debouzy law firm in Paris, said that the new WTO agreement is "a step forward" compared to those compulsory licences.

"Countries can decide on their own without having to make a request. The real novelty is that this waiver allows the country that produces the vaccine to also export to other markets, to another eligible member," he said.

But Christos Christou, the president of Doctors Without Borders, branded the deal "a devastating global failure".

"Despite lofty political commitments and words of solidarity, it has been discouraging for us to see that wealthy countries failed to resolve the glaring inequities in access to lifesaving Covid-19 medical tools for people in low- and middle-income countries."

T.Prasad--DT