WTO 'expected to announce' 17-year drug patent waiver for LDCs
The World Trade Organization (WTO) is expected to announce a 17-year extension to an agreement that exempts the world’s Least Developed Countries (LDCs) from a duty to grant patents covering pharmaceutical drugs, an activist group has claimed.
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20 October 2020 Talks on a landmark proposal to waive IP rights for vaccines and treatments related to COVID-19 have stalled, following the failure of the World Trade Organisation to conclude an agreement.
6 November 2015 The World Trade Organization has granted permission for the world’s Least Developed Countries to be exempt from administering and enforcing patents directed to pharmaceutical drugs.