Protecting Intellectual Property [sic] Rights [sic] Will Save Lives Now and in the Future

Source: Independent Institute
by Thomas Grennes

“In the United States and many other high income countries, a large fraction of the population is now vaccinated. However, in low income countries, especially in Africa and parts of Asia, only small portions of the population have been vaccinated. Many observers now see the major problem related to the pandemic to be getting the vaccine to the vulnerable unvaccinated people. A radical proposal has come from groups intending to speed up the delivery of vaccines to the poor countries of the world. The governments of India, South Africa, the head of the World Health Organization and President Joe Biden have proposed that the intellectual property rights of Pfizer/BioNTech and other vaccine developers be suspended. … The proposal to weaken property rights is equivalent to killing the goose that laid the golden egg.” (07/08/21)