The US’ support for vaccine patent waivers still leaves plenty to be resolved ...Middle East

President Joe Biden’s declaration of support for the suspension of intellectual property rights on Covid-19 vaccines is a major, even unprecedented step. But it doesn’t guarantee what sort of waivers will eventually be negotiated—or when.For one thing, the US’ decision is insufficient by itself. The World Trade Organization (WTO), where the waivers will be hammered out, requires unanimous approval from its members, and at least one major bloc of wealthy nations—the European Union—is as yet undecided. The EU and the US have been at the forefront of blocking such waivers in the past, not least because the world’s major drug companies—and their lobbying budgets—are based in these countries.What

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