By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Wednesday, Oct 7, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
Europe

EU to support targeted patent waiver on COVID vaccines, say sources

9News Nigeria
Last updated: November 26, 2021 12:43 pm
By 9News Nigeria - News room
Share
5 Min Read
SHARE
Follow & Subscribe Us:
Subscribe YouTubeFollow FacebookFollow XFollow Instagram
1000x563 cmsv2 b551935f 720a 5df1 8b4a c27a7c208086 6263992

A deal to allow developing countries to produce COVID-19 vaccines — without an agreement from the holder of the patent — could be reached by next week, Euronews has learned.

The EU, which is against the wholesale waiving of intellectual property rights, says it is now “ready to go beyond” its initial position, “to get consensus on a waiver that makes sense [and] that will increase production,” a European Commission official has said.

Negotiations on a targeted waiver are ongoing in Geneva at the World Trade Organization (WTO).

If a consensus is reached, any country seeking to authorise a company to produce vaccines should immediately be able to do so “without fearing a potential risk of litigation by the holders of the patent”.

“The EU has been intensively engaged over the last months to try to find a way forward that confirms and reassures countries that consider they actually need to authorise a company to produce vaccines — they should be able to do so in a rapid and effective manner even if there is no agreement by the holder of the patent,” said an EU source.

“We are ready to look into a waiver that is sufficiently targeted towards the aim to achieve that any country that considers it should be able to authorise a company to produce and export vaccines should be able to do it in a rapid and effective manner.”

China, Russia Back Iran as U.S. Threat of Renewed Strikes Grows
France: Over 400 Schools Shut as Student Protests Over Teacher Shortages Intensify
Rafael Leão is Portugal’s New No. 7
France and Canada to Ban Imports From Israeli Settlements

The EU’s position remains that without intellectual property rights, “we wouldn’t have a vaccine”.

However, “we are now trying to find pragmatic solutions, targeted at COVID-19 vaccines, without putting the whole intellectual property system into jeopardy,” an official said.

Although the terms of the licensing plan are not complete, Euronews understands that the EU is willing to agree to the compulsory licensing of COVID-19 vaccines to countries willing to produce the vaccine.

This will force the right holder to give access to the requesting government under specific conditions, such as a guarantee that the vaccines are produced at cost — not for profit — and for the greater good of citizens.

There is a major concern among vaccine producing countries and companies that a wholesale waiver would result in countries like China using the technology for its own advantage, or for India — which already produces vaccines, to start making generic products.

Industry sources still contend the IP waiver is not a panacea in overcoming the unfair distribution of vaccines to poorer countries.

Complex manufacturing, access to raw materials, distribution, and vaccine disinformation have all contributed to the vaccination campaign issues.

“There are many issues and obstacles regarding the production of vaccines and the IP waiver may not be the most important one but it is part of the contribution we can provide for, but in a very targeted manner to avoid undermining the value of the IP system,” said an EU official.

“We should not forget it was intellectual property that new vaccines have been developed, and a lot of collaborations had been established between companies to produce vaccines.

“And if we were to have a very broad type of waiver all of those elements would be disrupted, and that quite frankly would not be at all helpful for our fundamental goal which is to increase the production of vaccines. And to increase investment by vaccine makers in the developing world.”

Although a deal is within reach, it is not yet inevitable. EU trade sources say they are “very disappointed” with the lack of input by the US team on this issue at the level of the WTO.

This is especially so given US President Joe Biden’s public commitment to an IP waiver in May.

Source

Recommended YouTube Videos on 9News Nigeria TV

You said It's our turn (AWALOKAN), and we voted for you - Woman cries to President Tinubu in Yoruba
We Want Change: Tonto Dikeh, Umar Ganduje, Clamour Need For Youth Inclusiveness
THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN
ECOWAS VS NIGER JUNTA, SUBSIDY REMOVAL HARDSHIP, WIKE TO FACE WRATH OF THE LAW IF...

Powered by www.zebrawebs.com

Like this:

Like Loading…
TAGGED:Europe News
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
By9News Nigeria
News room
Follow:
9News Nigeria is Nigeria's favourite news source. For Authentic, Unbiased News on Politics, Business, Sports, Technology, Entertainment and Lifestyles, Health, Nollywood, Crime and Investigations, Family and Relationships, Inspirations .. and much more. For Latest News from Africa and around the world, 9News Nigeria is your best source. WhatsApp +2348115805632 Email: [email protected] Facebook: www.facebook.com/9NewsNG | Twitter/Instagram: @9newsng
Previous Article 14595398 libyanreturneesarriveportharcourt7e1515353266569 webp447dcbcf82a352123ed10449a367c5d2 I Regret Deceiving My Dad To Raise N800,000 For Libyan Trip — Returnee Reveals
Next Article Governor of Anambra State Willie Obiano I Will Relocate To My Base In The U.S. After My Tenure, Obiano Replies EFCC
Search
– Advertisement –
Latest News
  • CNN gets new owner as Trump ally seals $81bn Warner buyout October 6, 2026
  • INEC Deploys AI to Verify 2027 Election Results, Guard Against Cyberattacks October 6, 2026
  • 2027: Reps Ask INEC to Disqualify Candidates Missing From Party Registers October 6, 2026
  • Dickson hails INEC, judiciary as NDC certified logo is uploaded October 6, 2026
  • China, Russia Back Iran as U.S. Threat of Renewed Strikes Grows October 6, 2026
  • Sowore Leads ‘Tinubu Must Go’ Protest Through Abuja Streets October 6, 2026
  • 2027: INEC Sets October 9 -15 For Nationwide Display Of Voters’ Register October 6, 2026
  • INEC Staff least paid in Nigeria — Amupitan October 6, 2026
  • APC Chairman Yilwatda condoles with families, NAF over Ondo crash October 6, 2026
  • 2027: Nigerian Voters Say Candidates, Not Parties, Will Decide October 6, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

Israeli Prime Minister Benjamin Netanyahu
Europe

Netanyahu called to shut British consulate in East Jerusalem

September 8, 2026
Foreign Secretary Ed Miliband
Breaking NewsBritain

UK Sanctions Israeli Settlements, Bans Imports From West Bank

September 8, 2026
IMG 5496
Nigeria NewsGreece

Nigerian Media Practitioner Gidado Shuaib named IPRA–UN Youth Representative

August 9, 2026
1785511461618 1
Spain

Spain Deploys Forces as Thousands of Migrants Flood The Country From Morocco

July 31, 2026
file 000000006b187243aa9c8d33ef5a34ca
EuropeLatest News

UK Court Acquits Diezani Alison-Madueke Of Bribery Charges

June 17, 2026
9f05149b 4826 4bde 877f 867230e7b626
EuropeOyo

Henry Lamba Wins Falling Walls Lab Ibadan 2026, Set to Represent Nigeria in Berlin

June 10, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Imo state
  • Sports
  • Opinion
  • National Security
  • Events
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • World News
  • Crime and Investigation
  • The Love of God
  • Business

9NEWS NIGERIA

  • Editorial
  • Opinion
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

%d