June 18, 2021
General News

Despite the Move by Biden, Coronavirus Patent Waivers Won’t Work

When the Biden administration made its surprise announcement last week that it would seek to waive American patent protections on coronavirus vaccines, many were quick to cheer this as evidence that the president’s much-beloved slogan about global leadership, “America’s back,” was already becoming something more than mere rhetoric.

Here was Washington appearing to put self-interest aside for the benefit of global public health, and in doing so, it would not only be taking on the American pharmaceutical giants that had pioneered the most important vaccine technologies in the first phase of this crisis, but also those of America’s European allies, some of which—particularly Germany—are more reluctant to relinquish lucrative patent rights of their own.

The Biden administration’s sudden move came in response to intense pressure amid news of the devastating…

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