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Discuss the impact of IPR regime on vaccine equity across the globe.

Topic: issues relating to intellectual property rights.

5. Discuss the impact of IPR regime on vaccine equity across the globe. (250 words)

Reference:  Live Mint

Why the question:

The article brings to us insights on the impact of IPR regime on vaccine equity across the globe.

Key Demand of the question:

Discuss in detail the impact of IPR regime on vaccine equity across the globe.

Directive:

Discuss – This is an all-encompassing directive – you have to debate on paper by going through the details of the issues concerned by examining each one of them. You have to give reasons for both for and against arguments.

Structure of the answer:

Introduction:

Start with some data highlighting the current conditions of vaccine regimes across the globe owing to the onset of the pandemic.

Body:

The answer body must have the following aspects covered:

  • Discuss what you understand by vaccine equity.
  • What are factors acting as an impediment to Covid-19 Vaccine Equity?
  • What are the flexibilities under the TRIPS agreement and how will they help?

Conclusion:

With every country suffering, pressure should be built upon the WTO so that original promoters of the product patent idea should be persuaded to relax patent norms in view of the crisis. Also, there is need for increasing the production of vaccines and ensuring their equitable access would also require building the institutional capacity in several countries, overcoming systemic bottlenecks, and undertaking the necessary reforms in the administrative machinery and the legal framework.