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Waiving intellectual property rights will not lead to increased production of COVID vaccines: OPPI
The association said waiving intellectual property rights could impact patient safety by opening doors for counterfeit vaccines to enter the supply chain.
New Delhi: Organisation of Pharmaceutical Producers of India (OPPI) on Monday said waiving intellectual property rights will not lead to increased production of Covid-19 vaccines, as it is not the barrier to their adequate availability in India.
A proposal moved by India and South Africa before the World Trade Organisation (WTO) to temporarily suspend trade-related aspects of intellectual property rights for the COVID-19 vaccines to increase their access amid the coronavirus pandemic has gained support across a number of countries, including the US.
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751