After much debate, the US government is now calling for a deadline extension to discuss a controversial potential IP waiver for Covid-19 diagnostics and therapeutics.
Over the last five months, the Office of the United States Trade Representative said it has consulted with members of Congress, public health advocates, organized labor groups, academics, think tanks, companies and trade associations on the WTO’s recent TRIPS agreement, which established a 5-year waiver of certain patent requirements on Covid-19 vaccines.
Their conclusion? That stakeholders need more time and more information to decide whether the partial waiver of intellectual property rights should extend to diagnostics and therapeutics. It will also ask the United States International Trade Commission to launch an investigation into Covid-19 diagnostics and therapeutics, supply and demand, price points, testing and treating, and production and access.
“Real questions remain on a range of issues, and the additional time, coupled with information from the USITC, will help the world make a more informed decision on whether extending the Ministerial Decision to COVID-19 therapeutics and diagnostics would result in increased access to those products,” USTR ambassador Katherine Tai said in the statement.
The TRIPS agreement was reached on June 17 after numerous delays. While proponents have argued that IP waivers would increase access to vaccines and therapeutics in low- and middle-income countries, industry critics believe a waiver would jeopardize competition.
PhRMA, an advocacy and lobbying group in the biopharma space, supported the announcement by the US on Tuesday.
“Industry has successfully combated COVID-19 with enough vaccines and treatments to meet global demand,” a PhRMA spokesperson said in a statement. “We have urged the U.S. government and other policymakers to focus on the real barriers to global medicine access, including the last-mile logistics, weak health care infrastructure and regulatory and trade barriers that we’ve seen during the pandemic.”
