Are IPRs and patents the real barriers to COVID-19 vaccine supplies?

<p>In less than a year since the WHO’s declaration of COVID-19 as a global pandemic, 13 vaccines against COVID-19 have been approved in at least one jurisdiction. However, new challenges have arisen, mostly surrounding the global distribution and access to these vaccines, particularly for low...

Full description

Bibliographic Details
Main Authors: Le, VA, Samson, L
Format: Journal article
Language:English
Published: ElectronicPublications.org Ltd 2021
_version_ 1797052244590329856
author Le, VA
Samson, L
author_facet Le, VA
Samson, L
author_sort Le, VA
collection OXFORD
description <p>In less than a year since the WHO’s declaration of COVID-19 as a global pandemic, 13 vaccines against COVID-19 have been approved in at least one jurisdiction. However, new challenges have arisen, mostly surrounding the global distribution and access to these vaccines, particularly for low and middle-income countries. The Intellectual Property Rights (IPRs), mainly patents, have been accused of standing in the way of global vaccination supplies. </p> <p>By adopting an evidence-based approach, this paper challenges such current (mis)belief, arguing that the roadblocks of the inoculation program have nothing to do with IPRs but the real bottlenecks instead lie in manufacturing capacity, supply chain and export restrictions issues. The idea that vaccines will be made cheaper and quicker by removing the patent system and other forms of IPRs is both erroneous and unfounded. The authors further argue that eroding patent protection does more harm than good. Firstly, it will disincentivise research and development (R&D) in the vaccine industry, one of the most challenging sectors. Secondly, if patented vaccines are in the public domain and are not properly allocated, the ripple effect of the tragedy of common goods will soon be felt. Finally, removing IP rules can cause an increase in counterfeit products. </p> <p>Therefore, less time should be spent on trying to dismantle the patent system. Instead, the focus should be on addressing trade restrictions, improving the global manufacturing partnerships between vaccine developers, and strengthening their cross-border supply chains to re-unite a fragmented world.</p>
first_indexed 2024-03-06T18:29:41Z
format Journal article
id oxford-uuid:09374f3e-bd4f-4d99-957a-9c0a2ccc657b
institution University of Oxford
language English
last_indexed 2024-03-06T18:29:41Z
publishDate 2021
publisher ElectronicPublications.org Ltd
record_format dspace
spelling oxford-uuid:09374f3e-bd4f-4d99-957a-9c0a2ccc657b2022-03-26T09:17:09ZAre IPRs and patents the real barriers to COVID-19 vaccine supplies?Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:09374f3e-bd4f-4d99-957a-9c0a2ccc657bEnglishSymplectic ElementsElectronicPublications.org Ltd2021Le, VASamson, L<p>In less than a year since the WHO’s declaration of COVID-19 as a global pandemic, 13 vaccines against COVID-19 have been approved in at least one jurisdiction. However, new challenges have arisen, mostly surrounding the global distribution and access to these vaccines, particularly for low and middle-income countries. The Intellectual Property Rights (IPRs), mainly patents, have been accused of standing in the way of global vaccination supplies. </p> <p>By adopting an evidence-based approach, this paper challenges such current (mis)belief, arguing that the roadblocks of the inoculation program have nothing to do with IPRs but the real bottlenecks instead lie in manufacturing capacity, supply chain and export restrictions issues. The idea that vaccines will be made cheaper and quicker by removing the patent system and other forms of IPRs is both erroneous and unfounded. The authors further argue that eroding patent protection does more harm than good. Firstly, it will disincentivise research and development (R&D) in the vaccine industry, one of the most challenging sectors. Secondly, if patented vaccines are in the public domain and are not properly allocated, the ripple effect of the tragedy of common goods will soon be felt. Finally, removing IP rules can cause an increase in counterfeit products. </p> <p>Therefore, less time should be spent on trying to dismantle the patent system. Instead, the focus should be on addressing trade restrictions, improving the global manufacturing partnerships between vaccine developers, and strengthening their cross-border supply chains to re-unite a fragmented world.</p>
spellingShingle Le, VA
Samson, L
Are IPRs and patents the real barriers to COVID-19 vaccine supplies?
title Are IPRs and patents the real barriers to COVID-19 vaccine supplies?
title_full Are IPRs and patents the real barriers to COVID-19 vaccine supplies?
title_fullStr Are IPRs and patents the real barriers to COVID-19 vaccine supplies?
title_full_unstemmed Are IPRs and patents the real barriers to COVID-19 vaccine supplies?
title_short Are IPRs and patents the real barriers to COVID-19 vaccine supplies?
title_sort are iprs and patents the real barriers to covid 19 vaccine supplies
work_keys_str_mv AT leva areiprsandpatentstherealbarrierstocovid19vaccinesupplies
AT samsonl areiprsandpatentstherealbarrierstocovid19vaccinesupplies