Human Rights Law
Intellectual Property Law
Is The Covid-19 Pandemic A Profit Making Scheme: A Call For Waiving Intellectual Property Rights In The Fight Against Covid-19
Article by Joseph Byomuhangyi
The World is awash with fear of extinction due to the corona virus. However, where people see death, pharmaceutical companies see an opportunity to make profits through manufacturing vaccines and protecting their intellectual property rights. This paper calls for a critical examination as to whether intellectual property (IP) rights should be waived or maintained in the fight against COVID-19 pandemic. The author is cognizant of the technological advancements that modern countries have had hence giving them the leverage to manufacture most of the vaccines; while struggling third world countries cannot afford to innovate and hence have to purchase the vaccines from the pharmaceutical companies. This paper therefore suggests that, pharmaceutical companies should waive their intellectual property rights insofar as manufacture and distribution of COVID-19 vaccines extends in the fight against COVID-19.