WTO Deal on Vaccine Patents Decried as a 'Sham' Dictated by Rich Nations, Big Pharma

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WTO Deal on Vaccine Patents Decried as a 'Sham' Dictated by Rich Nations, Big Pharma
InequalityCovid-19Corporate Power
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Jake Johnson is a senior editor and staff writer for Common Dreams.

The World Trade Organization's 12th Ministerial Conference ended Friday with an agreement on patent rights that campaigners said would do virtually nothing to address vast global inequities in coronavirus vaccine and treatment access, a failure they attributed to relentless obstruction by rich countries and the pharmaceutical industry.

' The WTO's limited agreement is a far cry from the original patent waiver that India and South Africa introduced 20 months ago, in the early stages of a pandemic that has taken more than 15 million lives worldwide. The coronavirus has killed an estimated 30,000 people each day on average since India and South Africa unveiled their proposal in October 2020.

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