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Rich, poor countries grapple over bid to waive COVID-19 vaccine patents

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COVID-19 vaccines for poor nations hung in the balance at the World Trade Organization on Wednesday amid disagreement between richer and developing countries over the issue of patent rights. ‘Now is not the time’: WHO cautions against relaxing pandemic fight South Africa and India planned to renew their bid at a two-day meeting to waive rules of the WTO’s Trade-Related Aspects of Intellectual Property (TRIPS) agreement, a move that would allow generic or other manufacturers to make more vaccines.Their proposal is backed by dozens of largely developing countries at the WTO, but opposed by Western countries including Britain, Switzerland, EU nations and the United States, which have large domestic pharmaceutical industries.Proposals need.

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