Vaccine skirmishes (The Hindu, Economy, GS-3)

11 May Vaccine skirmishes (The Hindu, Economy, GS-3)

Context:- Developing countries are asking the intellectual property right wavier for COVID-19 vaccine.

• Why IPR waiver on COVID vaccines is needed.

• • • Developing countries are the one who are the the edge, neither they have expertise to tackle, nor they have resources and nor they have money to R&D
    • This will decrease the poor’s hardship.
    • Will help in saving the loved one’s

• But there are some challenges in the IPR waiver

• •  the grant of a waiver would have to be accompanied by a “tech transfer.
  •  how any vaccine then produced by these generic manufacturers would pass the tests of safety, immunogenicity and protective efficacy. 
  •  The impact on global supply chains for vaccine production should be examined in order to avoid disruptions.
  • alternative options to urgently address vaccine shortfalls should be considered.
• These challenges must be addressed simultaneously in order to provide relief to the COVID affected population
  • Read my previous day article
    • Link
      • https://plutusias.com/a-trips-waiver-is-useful-but-not-a-magic-pill-the-hindu-gs-2-international-relations-economy/

Download Daily Current Affairs of 11th May 2021

Swarn Singh

Plutus IAS Current Affair Team Member