• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

2

26 Meta employees accuse Mark Zuckerberg of using AI to target 8,000 layoffs against workers on medical, parental or family leave

3

He sold his last company to Palantir. Now he's betting $32 million that robots can fix construction's labor crisis

1

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

2

26 Meta employees accuse Mark Zuckerberg of using AI to target 8,000 layoffs against workers on medical, parental or family leave

3

He sold his last company to Palantir. Now he's betting $32 million that robots can fix construction's labor crisis
HealthCOVID-19 vaccines

Pressure grows to drop COVID-19 vaccine patent protections as European lawmakers back waiver

By
David Meyer
David Meyer
Down Arrow Button Icon
By
David Meyer
David Meyer
Down Arrow Button Icon
June 10, 2021, 5:20 AM ET
Video Poster
Add Fortune on Google for similar content.

The European Commission became more isolated Thursday morning in its opposition to a patent waiver for COVID-19 vaccines, after the European Parliament backed the waiver.

The temporary suspension of COVID vaccine patents—a move that’s intended to help expand manufacturing and speed up the global vaccination drive, thus shortening the pandemic—was originally proposed by South Africa and India last year. Over recent months, it has gained new supporters like the World Health Organization (WHO), the Pope, and, crucially, the Biden administration.

However, Europe—home to major players such as BioNTech and AstraZeneca—has resisted the waiver. Just last week, the European Commission submitted an alternative plan to the World Trade Organization (WTO), proposing other measures such as limits on export restrictions, and the compulsory licensing of the patents in some circumstances.

That doesn’t go far enough, said members of the European Parliament on Thursday, as it passed an amendment calling for a temporary waiver of the WTO’s TRIPS Agreement, the global intellectual-property rulebook, in relation to COVID-19 vaccines, treatments, and equipment.

The amendment passed by 355 votes to 263, with 71 abstentions. The European Parliament cannot tell the Commission to change its influential tune on the issue, but the vote sent a strong political message nonetheless: Europe, with its many national votes at the WTO, is gradually shifting to the pro-waiver camp.

Within the Parliament—the only EU lawmaking institution whose members are directly elected by citizens—the split over the issue has largely followed left-right lines, with leftists such as the Socialists and Democrats (S&D, Parliament’s second-biggest voting bloc) backing the waiver and those on the right, such as the European People’s Party (EPP, the biggest bloc), opposing it.

“With today’s vote, the European Parliament calls on the Commission to finally do the right thing and save lives by supporting the lifting of patents for COVID-19 vaccines and medical equipment,” said Kathleen Van Brempt, the S&D’s lead negotiator on the subject, in a statement after the vote. “The TRIPS waiver may not prove to be a miracle solution, but it is one of the essential building blocks of a strong global vaccination campaign. Exceptional situations call for exceptional measures.

“The alternative proposal submitted by the European Commission to the WTO falls short in the face of the epochal challenge we are facing,” she added.

BREAKING: EU Parliament has voted in favour of our proposal to temporarily lift intellectual property rights on #Covid19 vaccines🙌🙌

Time for the European Commission to follow suit and support #TRIPswaiver at @wto.

No profit on the pandemic! #PeoplesVaccine pic.twitter.com/TubJtepcAD

— Greens/EFA in the EU Parliament 🌍 (@GreensEFA) June 10, 2021

But it is not just the European Commission that is becoming more isolated on the issue. Germany, too, is increasingly lonely in its opposition to the waiver.

French President Emmanuel Macron, who has previously sided with Germany, traveled to South Africa a couple of weeks ago to discuss the waiver with President Cyril Ramaphosa. On Wednesday, just ahead of the G7 summit, he flipped and joined the patent-suspension camp. That means at least two G7 leaders (also including U.S. President Joe Biden) now favor the waiver.

Add to that the fact that the WTO agreed on Wednesday to fully debate the waiver—a step that the EU and some other countries had previously resisted—and it seems the tide may be turning.

There is still a way to go, though. World Bank President David Malpass slammed the waiver idea on Wednesday, saying “it would run the risk of reducing the innovation and the R&D” in the pharmaceutical sector. (Malpass, a Trump appointee, is therefore now in opposition to the current White House.)

And remember too that all waiver proposals are not equal: The U.S. is calling for the suspension of vaccine patents only, while South Africa and India—and now the European Parliament—want it to also cover other COVID-19-related medical products such as therapeutics and personal protective equipment.

Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today.

About the Author
By David Meyer
LinkedIn icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Health

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Health

merck
HealthDrugs
The cholesterol shot you couldn’t afford is now a pill
By Matthew Perrone and The Associated PressJuly 16, 2026
37 minutes ago
hegseth
HealthDrugs
Only 12% of testosterone prescriptions are medically necessary — and Trump wants to make that ratio even smaller
By Matthew Perrone and The Associated PressJuly 16, 2026
57 minutes ago
scam
CybersecurityCrime
‘I want to cry, I want to vomit’: Meet a 43-year-old who lost $90,000 to an online boyfriend she never met
By Juliet Linderman and The Associated PressJuly 16, 2026
1 hour ago
Best Cardio Machines for Your Home (2026): Expert Tested
HealthFitness
Best Cardio Machines for Your Home (2026): Expert Tested
By Emily PharesJuly 16, 2026
3 hours ago
The Best Personalized Vitamin Subscriptions (2026): Vitamins for Your Needs
HealthDietary Supplements
The Best Personalized Vitamin Subscriptions (2026): Vitamins for Your Needs
By Christina SnyderJuly 16, 2026
3 hours ago
ua
Travel & LeisureAirline industry
United Airlines’ new ‘Economy Plus’ offering is an empty middle seat next to you
By The Associated PressJuly 16, 2026
7 hours ago

Most Popular

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’
C-Suite
FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’
By Fortune EditorsJuly 15, 2026
1 day ago
26 Meta employees accuse Mark Zuckerberg of using AI to target 8,000 layoffs against workers on medical, parental or family leave
Law
26 Meta employees accuse Mark Zuckerberg of using AI to target 8,000 layoffs against workers on medical, parental or family leave
By Barbara Ortutay, Alexandra Olson and The Associated PressJuly 15, 2026
1 day ago
He sold his last company to Palantir. Now he's betting $32 million that robots can fix construction's labor crisis
Innovation
He sold his last company to Palantir. Now he's betting $32 million that robots can fix construction's labor crisis
By Lily Mae LazarusJuly 15, 2026
1 day ago
MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly
Newsletters
MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly
By Sydney LakeJuly 14, 2026
2 days ago
Jamie Dimon understands why people are anti-rich: 'We have, in fact, left the lower-income folks behind' and 'that's kind of annoying'
Economy
Jamie Dimon understands why people are anti-rich: 'We have, in fact, left the lower-income folks behind' and 'that's kind of annoying'
By Eleanor PringleJuly 15, 2026
1 day ago
Trump's 'American Flag Blue' in the Lincoln Memorial pool is already gray — and the Olympic canoer 'vandal' is fighting his arrest
Politics
Trump's 'American Flag Blue' in the Lincoln Memorial pool is already gray — and the Olympic canoer 'vandal' is fighting his arrest
By Matthew Daly and The Associated PressJuly 16, 2026
8 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.