The US announces it supports waiving intellectual property protection for Covid vaccines to help end the pandemic. What difference could this make? Please subscribe HERE http://bit.ly/1rbfUog<br /><br />The US has said it will support a proposal to waive intellectual-property protections for Covid-19 vaccines - joining an effort to increase global supply to narrow the gap between rich and poor nations. <br /><br />The statement now needs to be followed up with a concrete plan for what this means and how it happens. But it is likely to put pressure on other nations, like the UK, to follow suit. <br /><br />The IP waiver has been opposed by drugmakers, who say the plan is ineffective. <br /><br />Pharmaceutical companies argue that few countries have the capacity to produce more vaccines even if they knew the formulas, and that there is still a limited global supply of materials needed. <br /><br />Watch more: https://bbc.in/3nRMkHN<br /><br />#Coronavirus #BBCNews #Newsnight<br /><br />Newsnight is the BBC's flagship news and current affairs TV programme - with analysis, debate, exclusives, and robust interviews.
