On June 17, 2022, the member countries of the World Trade Organization (WTO) accepted a proposal made by the U.S., E.U., India, and South Africa that modifies nationally granted intellectual property rights related to the COVID-19 vaccine. The proposal was leaked early, so the world knew the vote was coming. But other than the WTO and a few…
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Guarding Private Incentive to Innovate featuring Patent Attorney Wen Xie
On June 17, 2022, the member countries of the World Trade Organization (WTO) accepted a proposal made by the U.S., E.U., India, and South Africa that modifies nationally granted intellectual property rights related to the COVID-19 vaccine. The proposal was leaked early, so the world knew the vote was coming. But other than the WTO and a few…
Is the WTO Jeopardizing Innovation by Failing to Protect IP?
The innovation we saw play out in the development of multiple COVID-19 vaccines was evidence of the power of modern medicine when combined with the determination of the human spirit. Global collaboration plus investment plus information sharing compressed the time from start to finish from 10-15 years to just one year…