Vaccine Patents Waiver

Debate between Lord Jones of Cheltenham and Lord Grimstone of Boscobel

Monday 24th January 2022 Lords Chamber

[Lord Jones of Cheltenham (LD) [V]]

My Lords, now that the UK is outside the European Union, do the Government understand that being the champion of a vaccine patents waiver may be the perfect way to win friends and influence people in other countries, but may also, according to the British pharmaceutical industry, have the unintended consequence of reducing vaccine production and research?

[Lord Grimstone of Boscobel (Con)]

My Lords, intellectual property rights and their continued protection are the way to keep innovators innovating, creators creating and investors investing. That is what will lead to more research.