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May 05, 2021
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About this Deal

The Biden administration on Wednesday came out in support of waiving intellectual property protections for Covid-19 vaccines, a breakthrough for international efforts to suspend patent rules as the pandemic rages in India and South America.

The United States had been a major holdout at the World Trade Organization over a proposal to suspend intellectual property protections in an effort to ramp up vaccine production. But President Biden had come under increasing pressure to throw his support behind the proposal, including from many congressional Democrats.

Katherine Tai, the United States trade representative, announced the administration’s position in a statement on Wednesday afternoon.

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