Favour tech transfer for vaccines, says Nasscom - News Summed Up

Favour tech transfer for vaccines, says Nasscom


‘Support IPR but situation is unique’Given the extraordinary situation due to the global pandemic, the National Association of Software and Service Companies (Nasscom) is in favour of transfer of technology for COVID-19 vaccines, its newly elected chairperson Rekha M. Menon said. “We strongly support IPR [Intellectual Property Rights] protection. Yet, considering this extraordinary situation where the world needs to come together to fight a global pandemic, and India’s position as the largest manufacturer of vaccines, we welcome the transfer of technology,” said Ms. Menon, the first woman to chair the industry group. With the pandemic still raging in India and other parts of the world there is a debate over whether COVID-19 vaccines should be exempted from IPR protections to address shortages and disparity-related issues. “We had asked the government to allow the import of WHO-approved vaccines and have also offered to work with manufacturers directly to support them with supply chain issues.


Source: The Hindu June 02, 2021 17:08 UTC



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