Will the World Trade Organization Seize the COVID-19 Vaccines' IP?
On May 5 the Biden administration shocked the pharmaceutical industry with its announcement that it would support the forfeiture of all intellectual property (IP) rights in the COVID-19 vaccines at the World Trade Organization (WTO) talks. Will this government move to negate the IP rights actually happen?
Corinne Cardina, bureau chief of healthcare and cannabis at Fool.com, and Motley Fool writer Taylor Carmichael discuss why this IP forfeiture is unlikely to occur. This Motley Fool Live conversation was recorded on May 14.
Source Fool.com
