Compromise Reportedly Reached on COVID-19 Vaccine Patent Waiver

By Donald Zuhn — According to a Reuters report published earlier today, the United States, European Union, India, and South Africa have reached an agreement on a waiver with respect to patents for COVID-19 vaccines (see Andrea Shalal and Emma Farge, "U.S., EU, India, S.Africa reach compromise on COVID vaccine IP waiver text," Reuters). Progress on the compromise appears to have been made during a recent meeting of the Council for Trade-Related Aspects of Intellectual Property Rights (TRIPS) on March 9-10. In a statement issued by the World Trade Organization (WTO) on March 10, the WTO noted that: Some of…