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Pandemic Accord

Pandemic Accord:

The seventh round of deliberations on the Pandemic Accord was recently concluded by representatives from 28 countries.

  • The accord aims to strengthen global prevention, preparedness, and response to disease outbreaks.
  • The delegates failed to reach a consensus on Intellectual Property Rights and Relaxing Patents.
  • The United States did not change its stance on the protection of Intellectual Property Rights (IPR), reiterating that canceling them would not improve access for poor countries during emergencies.
  • Developed and developing countries had divergent opinions, with the former focusing on prevention and the latter demanding equitable access to medical products to be a guarantee in the treaty.
  • The International Federation of Pharmaceutical Manufacturers and Associations was also in agreement when it came to retaining patent rights.