US backs giving poorer countries access to Covid-19 vaccine patents, reversing stance

KiniTV 2021-05-06

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President Joe Biden on Wednesday threw his support behind waiving intellectual property rights for Covid-19 vaccines, bowing to mounting pressure from Democratic lawmakers and more than 100 other countries, but angering pharmaceutical companies.

Biden voiced his support for a waiver - a sharp reversal of the previous US position - in remarks to reporters, followed swiftly by a statement from his top trade negotiator, Katherine Tai, who backed negotiations at the World Trade Organization.

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