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Government trips up on TRIPS

Posted 15 September 2021 AM

Pressure from Medicines Australia and AusBiotech appears to have triggered a backflip from the federal government on the controversial patent waiver for COVID-19 vaccines and therapies, with Trade Minister Dan Tehan's words of support for the scheme just last week, now characterised as "part of a continuing discussion".

The two industry bodies have held a strong line against the proposed patent waiver backed by the World Trade Organisation and known as the Trade Related Intellectual Property Rights (TRIPS) waiver describing it as "a wishful solution to a complex problem".

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