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MoreBack to News Headlines
Biden move to share vaccine designed to spread US influence

Biden move to share vaccine designed to spread US influence

ABC News
Saturday, May 8, 2021 4:25 AM GMT

President Joe Biden’s decision to support waiving intellectual property rights for coronavirus shots won't speed the manufacture of vaccines

WASHINGTON -- It won’t speed the manufacture of vaccines. It enraged the developers who delivered lifesaving doses in record time. But President Joe Biden’s decision to support waiving intellectual property rights for coronavirus shots had a broader purpose: to broadcast his administration’s commitment to global leadership. More than a month of internal debate led up to Biden’s decision this week to endorse international calls to strip patent protections for vaccines. The policy shift, embraced by many charitable service organizations around the world and liberals at home, wasn’t new. Biden endorsed it during his campaign for the White House. But the idea was the subject of pitched discussions inside the administration over how best to bring the pandemic to an end while restoring U.S. influence abroad. In the best case, officials acknowledge it will take at least a year for any additional vaccines to be produced due to the change. Key European leaders are adamantly opposed to the waivers, and securing the required consensus at the World Trade Organization many never happen.
Read full story on ABC News
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