Page 16 - THE SOUTH CHINA BUSINESS JOURNAL
P. 16
C. TODAY
Global Business Associations
Urge Removal of Trade Barriers,
Asks Global Governments to
Maintain IP Protections and
Support Partnerships to Discover
and Deliver COVID-19 Solutions
By US Chamber of Commerce content people need. The letter emphasizes
that this historic mobilization has been
Kilbride says, “Intellectual property will made possible through alliance building
be the foundation of every vaccine, between the private sector and public sector
treatment and cure we mobilize; it’s critical and non-profit sector; but suggests there is
that we nurture those foundations, not more work to be done to unleash unbridled
uproot them.” innovation.
WASHINGTON, D.C. - Today, a “Now more than ever, we need
coalition of some of the largest national intellectual property-driven innovation
business associations in the world – BDI to win the fight against COVID-19,”
(Germany), Canadian Chamber, CBI (UK), said Patrick Kilbride. “Intellectual
FKI (Republic of Korea), MEDEF (France) property will be the foundation of every
and the U.S. Chamber of Commerce - vaccine, treatment and cure we mobilize;
released an open letter to government it’s critical that we nurture those
leaders seeking partnership in removing foundations, not uproot them. That’s
obstacles to innovation access, why we’re asking the governments to
maintaining strong intellectual property maintain their effective protection. The
(IP) protections, and encouraging smart system to deliver the solutions we need
global collaboration through existing is already in place. Instead of weakening
technology licensing models. that system or searching for new ones,
The letter outlines the business governments should urgently focus their
community’s instrumental contribution efforts on removing the barriers that
to the pandemic response, noting that are hindering the efficient approval and
businesses have assumed considerable distribution of solutions.”
individual risk by diverting resources to The letter identifies three main tenets
accelerate the development and deployment governments should concentrate
of critical medical equipment – including efforts on:
COVID-19 diagnostics, treatments, and
vaccines – and creative and educational
13 AMCHAM SOUTH CHINA
Global Business Associations
Urge Removal of Trade Barriers,
Asks Global Governments to
Maintain IP Protections and
Support Partnerships to Discover
and Deliver COVID-19 Solutions
By US Chamber of Commerce content people need. The letter emphasizes
that this historic mobilization has been
Kilbride says, “Intellectual property will made possible through alliance building
be the foundation of every vaccine, between the private sector and public sector
treatment and cure we mobilize; it’s critical and non-profit sector; but suggests there is
that we nurture those foundations, not more work to be done to unleash unbridled
uproot them.” innovation.
WASHINGTON, D.C. - Today, a “Now more than ever, we need
coalition of some of the largest national intellectual property-driven innovation
business associations in the world – BDI to win the fight against COVID-19,”
(Germany), Canadian Chamber, CBI (UK), said Patrick Kilbride. “Intellectual
FKI (Republic of Korea), MEDEF (France) property will be the foundation of every
and the U.S. Chamber of Commerce - vaccine, treatment and cure we mobilize;
released an open letter to government it’s critical that we nurture those
leaders seeking partnership in removing foundations, not uproot them. That’s
obstacles to innovation access, why we’re asking the governments to
maintaining strong intellectual property maintain their effective protection. The
(IP) protections, and encouraging smart system to deliver the solutions we need
global collaboration through existing is already in place. Instead of weakening
technology licensing models. that system or searching for new ones,
The letter outlines the business governments should urgently focus their
community’s instrumental contribution efforts on removing the barriers that
to the pandemic response, noting that are hindering the efficient approval and
businesses have assumed considerable distribution of solutions.”
individual risk by diverting resources to The letter identifies three main tenets
accelerate the development and deployment governments should concentrate
of critical medical equipment – including efforts on:
COVID-19 diagnostics, treatments, and
vaccines – and creative and educational
13 AMCHAM SOUTH CHINA
