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Humanity cannot afford a COVID‑19 patent battle
Citation
Nicol, D and Nielsen, J, Humanity cannot afford a COVID‑19 patent battle, Australian Academy of Science, July ISSN 1031-9204 (2020) [Refereed Article]
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Copyright Statement
© 2020 Nicol and Nielsen. This is an open access article distributed under the terms of the Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License (https://creativecommons.org/licenses/by-nc-sa/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Official URL: https://www.science.org.au/curious/policy-features...
Abstract
The development of vaccines and therapeutics for COVID-19 requires a concerted global commitment to share research.
Global research effort is usually highly competitive and undertaken by diverse parties. In the COVID-19 context, this may result in discrepancy between the amount of public funding available and the cost of developing effective vaccines.
Intellectual property rights (particularly patents) on the technology behind vaccines can encourage innovation and safeguard investment in research and development. However, they can slow down development. Finding the right balance and coordinating a rapid response to this pandemic is vital.
The COVID-19 pandemic has seen Australia, and other countries, committing promptly to contributing toward a shared research and funding effort.
Item Details
| Item Type: | Refereed Article |
|---|---|
| Keywords: | Intellectual property, COVID, patents, compulsory licensing, public health, licensing |
| Research Division: | Law and Legal Studies |
| Research Group: | Private law and civil obligations |
| Research Field: | Intellectual property law |
| Objective Division: | Law, Politics and Community Services |
| Objective Group: | Justice and the law |
| Objective Field: | Law reform |
| UTAS Author: | Nicol, D (Professor Dianne Nicol) |
| UTAS Author: | Nielsen, J (Associate Professor Jane Nielsen) |
| ID Code: | 140180 |
| Year Published: | 2020 |
| Funding Support: | Australian Research Council (DP180101262) |
| Deposited By: | Law |
| Deposited On: | 2020-07-30 |
| Last Modified: | 2021-05-20 |
| Downloads: | 15 View Download Statistics |
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