Sat 01 May 2021:
Tech mogul and philanthropist Bill Gates made a controversial statement regarding the patents in vaccine technology and has ruffled quite many feathers.
Bill Gates, in an interview with Sky News, was asked if it would be possible to change the intellectual property law so as to enable the formula for COVID vaccines to be shared. However, he denied sharing the formulae with developing nations and said, “Well, there’s only so many vaccine factories in the world and people are very serious about the safety of vaccines.
And moving something that had never been done — moving vaccine, say, a from a (Johnson & Johnson) factory into a factory in India — it’s novel — it’s only because of our grants and expertise that can happen at all.”
Gates said the reason behind holding “things back” in terms of global vaccine rollout “is not intellectual property. It’s not like there’s some idle vaccine factory, with regulatory approval, that makes magically safe vaccines. You know, you’ve got to do the trail on these things. Every manufacturing process needs to be looked at in a very careful way.”
Microsoft founder Bill Gates has made fortune largely through the intellectual property laws that turned his computer software innovations into billions of dollars of wealth. The statement from Bill Gates is criticised across the world.
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