No Result
View All Result
Sunday, July 27, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Dramas
  • Showbiz
    Chal Mera Putt 4

    Trailer released for Chal Mera Putt 4 featuring Pakistani stars

    Gen V

    Gen V returns: What shocking truths are unveiled in the season 2 trailer?

    Image: Dunya News

    Does Dua Zahra love Babar Azam? The actress shares what’s in her heart

    image: Screengrab

    What is controversial about Benazir Bhutto in Indian film Dhurandhar that angers Pakistanis?

    Image: Screengrab

    Why did Indian model Ruchi Gujjar slap producer Karan Singh?

    Vaani Kapoor portrays a detective in Mandala Murders, investigating ritualistic killings and secret societies.
(Netflix)

    Is Vaani Kapoor’s ‘Mandala Murders’ based on a true story?

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Dramas
  • Showbiz
    Chal Mera Putt 4

    Trailer released for Chal Mera Putt 4 featuring Pakistani stars

    Gen V

    Gen V returns: What shocking truths are unveiled in the season 2 trailer?

    Image: Dunya News

    Does Dua Zahra love Babar Azam? The actress shares what’s in her heart

    image: Screengrab

    What is controversial about Benazir Bhutto in Indian film Dhurandhar that angers Pakistanis?

    Image: Screengrab

    Why did Indian model Ruchi Gujjar slap producer Karan Singh?

    Vaani Kapoor portrays a detective in Mandala Murders, investigating ritualistic killings and secret societies.
(Netflix)

    Is Vaani Kapoor’s ‘Mandala Murders’ based on a true story?

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home World

US backs plan to waive COVID-19 vaccine patents

MM News Staff by MM News Staff
May 6, 2021
The NCOC said all government servants will have to be vaccinated by the end of June. Source: FILE/Online.

The NCOC said all government servants will have to be vaccinated by the end of June. Source: FILE/Online.

LONDON: US President Joe Biden’s administration announced support for a global waiver on patent protections for COVID-19 vaccines, offering hope to poor nations that have struggled to access the life-saving doses.

India, where the death toll hit a new daily record amid fears the peak is still to come, has been leading the fight within the World Trade Organization (WTO) to allow more drugmakers manufacture the vaccines, a move opposed by pharma giants

US Trade Representative Katherine Tai said that while intellectual property rights for businesses are important, Washington “supports the waiver of those protections for COVID-19 vaccines” in order to end the pandemic.

“This is a global health crisis, and the extraordinary circumstances of the Covid-19 pandemic call for extraordinary measures,” she said in a statement.

Biden had been under intense pressure to waive protections for vaccine manufacturers, especially amid criticism that rich nations were hoarding COVID-19 vaccines.

World Health Organization (WHO) head Tedros Adhanom Ghebreyesus called the US decision “historic” and marked “a monumental moment in the fight against COVID19.”

Tai cautioned said that negotiations “will take time given the consensus-based nature” of the WTO. The aim “is to get as many safe and effective vaccines to as many people as fast as possible,” she said.

With supplies for Americans secured, the Biden administration will continue efforts “to expand vaccine manufacturing and distribution,” and will work to “increase the raw materials needed to produce those vaccines.”

The WTO has been facing calls to temporarily remove the intellectual property protections on COVID-19 vaccines, known as a TRIPS waiver in reference to the agreement on Trade-Related Aspects of Intellectual Property. WTO chief Ngozi Okonjo-Iweala described it as the “moral and economic issue of our time.”

The notion has been fiercely opposed by pharmaceutical giants and their host countries, which insist the patents are not the main roadblocks to scaling up production, and warned the move could hamper innovation.

“A waiver is the simple but the wrong answer to what is a complex problem,” the Geneva-based International Federation of Pharmaceutical Manufacturers and Associations lobby group said.

India has in recent weeks endured a devastating surge in coronavirus cases. In an effort to boost the country’s collapsing health system, India’s reserve bank announced $6.7 billion in cheap financing for vaccine makers, hospitals and health firms.

India’s crisis has been partly fueled by a lack of vaccines which exacerbated the global shortage as India is the world’s biggest producer of Covid shots.

In London, foreign ministers from the Group of Seven wealthy democracies committed to financially support the vaccine-sharing program, COVAX but there was no immediate announcement on fresh funding.

The pandemic has claimed more than 3.2 million lives worldwide but many wealthy nations have made progress in suppressing the virus as mass vaccination campaigns gather steam. More than 1.2 billion doses have been administered globally, but fewer than one percent in the least developed countries.

Vaccine shortages are not an issue in the United States, which could soon be sitting on as many as 300 million extra doses — nearly equivalent to its entire population. Biden said he wanted 70 percent of US adults to have received at least one shot by the July 4 Independence Day holiday.

Tags: covid 19patentsUSAvaccine
ShareTweetSendShare
Previous Post

Facebook oversight board affirms Trump ban

Next Post

Economic growth

Related Stories

Cobra is one of the most venomous snakes in the world.
World

Toddler kills cobra with teeth in India’s Bihar

July 27, 2025
The ship’s interception comes as Israel faces mounting international criticism over the worsening humanitarian situation in Gaza
(Image: aa.com.tr)
World

Israel seizes Gaza-bound aid ship ‘Handala’

July 27, 2025
Shweta Singh
Top News

What shocking revelations did Shweta Singh’s suicide note contain?

July 27, 2025
Gaza Heartbreaking
Top News

Devastating hunger: US senator calls Gaza crisis heartbreaking, urges more aid

July 27, 2025
Online
Top News

Italian aid Ship ‘Handala’ nears Gaza waters

July 26, 2025
Online
World

UK faces mounting pressure to recognize Palestinian State following France’s bold move

July 26, 2025
Image: The News
World

8 killed as terrorists attack Iran’s judicial complex in Zahedan

July 26, 2025
Image: Business Stardard
World

Saudi Arabia allows foreigners to buy property in the kingdom

July 26, 2025
File photo
World

Qatar visa center warns public against fraud

July 25, 2025
Hamas. File photo
World

Trump claims Hamas not serious about ceasefire

July 25, 2025
Next Post

Economic growth

Trending Stories

Cobra is one of the most venomous snakes in the world.
World

Toddler kills cobra with teeth in India’s Bihar

by MM News Staff
July 27, 2025
(File Photo)
Top News

Pakistani diplomatic, official passport holders can now travel to UAE without visa

by MM News Staff
July 27, 2025
(Representational Image)
Crime

Housemaid steals jewelry worth millions from Karachi apartment

by MM News Staff
July 27, 2025
Rescue personnel evacuate villagers by boat from a flooded village following heavy rains in the Taunsa district of Punjab on July 16, 2025. — AFP
National

Thousands displaced, crops destroyed as floods wreak havoc in Punjab

by MM News Staff
July 27, 2025
The arrested gravedigger from the Chatti Graveyard told the police that the girl was buried at 5:30 AM on July 17, after being killed. (Image; Dawn)
Crime

Rawalpindi honor killing: How was 18-year-old Sidra killed for marriage of choice?

by MM News Staff
July 27, 2025

Opinion

nadeem moulvi
From Sects to Sunnah
July 15, 2025
- Nadeem Moulvi
Munir-Ahmed
Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World
June 29, 2025
- Munir Ahmed
munir ahmed oped
A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances
June 28, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

Rescue personnel evacuate villagers by boat from a flooded village following heavy rains in the Taunsa district of Punjab on July 16, 2025. — AFP
National

Thousands displaced, crops destroyed as floods wreak havoc in Punjab

by MM News Staff
July 27, 2025

Floods have caused widespread devastation across several cities in Punjab, damaging crops and leaving...

File photo

KP issues travel advisory amid monsoon showers

July 26, 2025
Image: file photo

Weather updates for Islamabad, other parts of country

July 26, 2025
File Photo

Another monsoon spell to begin in Pakistan from July 28

July 25, 2025
See all

Prices

representative image
Business & Stock

Gold prices in Pakistan today- Sunday 27 July 2026

by MM News Staff
July 27, 2025

The following are the latest gold prices in Pakistan on Sunday, 27 July 2025....

representative image

Gold prices in Pakistan today- Saturday 26 July 2026

July 26, 2025
File Photo

Govt to deregulate electricity prices under new competitive energy market policy

July 25, 2025
Electricity

Why are electricity bills set to surge in coming months?

July 25, 2025
See all

Transport News

Chakwal
Crime

Tragic bus crash in Chakwal: 6 dead, 24 injured near Dhok Sial

by MM News Staff
July 27, 2025

A bus fell into a ravine near Dhok Sial on the motorway in Chakwal,...

Charged Parking

Has the Sindh government put an end to parking fee extortion?

July 25, 2025

E-Taxi scheme launch date unveiled in Punjab

July 24, 2025
(File Photo)

Air Arabia Abu Dhabi expands operations in Pakistan with new Faisalabad, Multan flights

July 24, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.