Switzerland looking at ‘new situation’ after US backs patent rules waiver for COVID vaccines

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Switzerland on Friday stated it’s looking at the brand new state of affairs arising out of the United States backing an initiative to briefly waive patent rules for COVID vaccines.

In October 2020, India and South Africa submitted a proposal suggesting a waiver for all WTO ((World Trade Organization) members on the implementation of sure provisions of the settlement in relation to the prevention, containment or therapy of COVID. The proposed relaxations within the norms of the settlement are aimed at guaranteeing fast and inexpensive entry to vaccines and medicines for growing nations.

The US administration has backed the initiative by India and South Africa at the WTO to briefly waive patent rules on COVID vaccines.

“The US has changed its position within the WTO and we have a new situation. I am aware that the government is looking at the new situation and that means, we have to wait and see what the Swiss government will decide based on the new situation. The decision will be taken in Berne and we have to wait for that,” Switzerland’s Ambassador to India Ralf Heckner advised PTI in an interview on Friday.

He additionally famous that Switzerland has an unbiased voice and place throughout the WTO.

According to Heckner, two Swiss corporations are into producing COVID vaccines.

“One pharma company is producing Moderna (vaccine) and other pharma business is about to set up a facility to produce Pfizer-BioNtech (vaccine). Switzerland’s pharma businesses are part and parcel of production of vaccines for the world,” he stated.

Some different Swiss pharma companies are producing vaccines which can be wanted to deal with COVID sufferers and one massive pharma firm is into sequencing. Swiss pharma sector is into manufacturing of vaccines, sequencing and manufacturing of medicine, he famous.

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