TRIPS Agreement

(asked on 25th May 2022) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, what recent assessment she has made of the implications for her policies of (a) introducing a comprehensive temporary waiver on the provisions of the Trade-Related Intellectual Property Rights Agreement and (b) mandating covid-19 healthcare technology transfers from nationally based pharmaceutical companies; and if she will make a statement.


Answered by
Penny Mordaunt Portrait
Penny Mordaunt
Lord President of the Council and Leader of the House of Commons
This question was answered on 10th June 2022

The UK believes that there is no evidence that a waiver of intellectual property rights would help with equitable vaccine distribution and their prompt administration. Rather, it would have the extremely negative effect of dismantling the framework which allows the development of COVID-19 vaccines and treatments. Instead, we are encouraging the pharmaceutical industry to continue to form additional voluntary licensing and technology transfer partnerships. Working with commercial partners and within the existing international Intellectual Property framework is the most effective way to produce life-saving medicines at pace.

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