The Indian pharma industry welcomed the decision by the US government to support the temporary waiver of Trade-Related Aspects of Intellectual Property Rights (TRIPS) on Covid-19 vaccines. The industry said, along with patent waivers, it is important to push for more licensing and tech transfer arrangements to expand production of COVID-19 vaccines.
The European Union (EU) too on Thursday said it is willing to discuss a proposal to waive intellectual property rights for COVID-19 vaccines.
"This is positive development, equitable distribution of vaccines around the world is very important to end the pandemic," said Sudarshan Jain, Secretary General of Indian Pharmaceutical Alliance (IPA).
IPA represents large domestic pharmaceutical companies.
Jain cautioned that while temporary patent waivers will help to get the best out of manufacturing capabilities available around the world, only patent waivers may not be sufficient.
"The patent waiver may be useful for mRNA vaccines, the technology that is something new for Indian developers. There are certain things that are not able to do now with mRNA vaccines will be possible," said Dr KV Balasubramaniam, a vaccine industry veteran and life science industry consultant.
Balasubramaniam says companies like Pune-based Gennova Biopharmaceuticals that's developing messenger RNA (mRNA) COVID-19 vaccine may possibly benefit by patent waivers.
But Balasubramaniam warns that things won't be that easy as patent holders try to fence their vaccine manufacturing know-how by broad patent claims.
"For Indian companies to understand the specifics, break the barrier of knowledge, experiment - it would take 2-3 years," Balasubramaniam
Dr Sanjay Singh, CEO of Gennova Biopharmaceuticals said the decision is a welcome one.
"In light such a difficult pandemic, right step to help humanity," he added.
"We still don't know the broad contours, but if the waiver is extended to manufacturing of adjuvants (the component that boost vaccine efficacy), some of the other key raw ingredients like certain enzymes, reagents, it would definitely help," said an executive of a vaccine company who didn't want to be named.
PhRMA, which represents America's leading innovative biopharmaceutical research companies, opposed the US government decision to support patent waivers for COVID-19 vaccines.
"(The) decision will sow confusion between public and private partners, further weaken already strained supply chains and foster the proliferation of counterfeit vaccines," PhRMA said.
PhRMA companies are devoted to discovering and developing medicines that enable patients to live longer, healthier and more productive lives. Since 2000, PhRMA member companies have invested nearly 1 trillion in the search for new treatments and cures, including an estimated USD83 billion in 2019 alone.
This article was originally published on Money control