Waive IP Rights & Save Lives

Authors

Srividhya Ragavan, Texas A&M University School of LawFollow

Document Type

Article

Publication Date

11-2021

Journal Title

SouthViews

Abstract

In October of 2020, when India and South Africa proposed a waiver from certain provisions of the TRIPS agreement, it was meant to increase local manufacturing capacity in these countries. The waiver was proposed as a tool to kick-start prevention, containment and treatment of COVID-19. While there is an imminent need to meet a growing supply-demand gap for all medical products, COVID-19 related products are urgently required in poorer nations to contain the pandemic. The waiver has an additional role to play in the larger trade schema. In enabling vaccination of populations across the globe, the waiver would be critical to normalize global trade. The paper below captures the benefits of the waiver and compares it with the existing flexibilities under the trade regime, being compulsory licensing.

First Page

1

Last Page

10

Num Pages

10

Volume Number

231

Publisher

The South Centre

Recommended Citation

Srividhya Ragavan, Waive IP Rights & Save Lives, 231 SouthViews 1 (2021).
Available at: https://scholarship.law.tamu.edu/facscholar/1784

File Type

PDF