Industry

IP waiver will not boost vaccine production: OPPI

The Organisation of Pharmaceutical Producers of India (OPPI) on Monday said waiving intellectual property rights will not lead to increased production of COVID-19 vaccines, as it is not the barrier to their adequate availability in India.

A proposal moved by India and South Africa before the World Trade Organisation (WTO) to temporarily suspend trade-related aspects of intellectual property rights for the COVID-19 vaccines to increase their access amid the pandemic has gained support across a number of countries, including the U.S.

Vaccine manufacturing is a complex process and scaling up capacities involves the transfer of critical know-how, it added.

This can only be optimally achieved when vaccine manufacturers are able to scale up capacities at their production sites and/or through licensing agreements with other manufacturers, along with supply agreements with governments to make required quantities deployed rapidly and reliably, OPPI said.


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Printable version | Jun 18, 2021 6:31:33 PM | https://www.thehindu.com/business/Industry/ip-waiver-will-not-boost-vaccine-production-oppi/article34530456.ece

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