Day October 14, 2021

EU’s Proposal on Convergence on WTO TRIPS Waiver only addresses compulsory licensing on patents, ignores trade secrets, and is wholly inadequate to solve inequitable access

[Brook Baker] The EU draft proposal entitled “Ideas on the points of convergence on the TRIPS issues for discussion” (below) tries to make a silk purse out of a cow’s ear, by relying on moderately revised compulsory licensing on patents as the sole IP solution to the glaring problem of artificially restricted supplies, profiteering prices, and grossly inequitable distribution of COVID-19 health products.