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Expressing the sense of the House of Representatives that the United States should not waive intellectual property rights relating to COVID-19 vaccines or treatments.
12/31/2022, 4:57 AM
Summary of Bill HRES 484
Bill 117 H.Res. 484, titled "Expressing the sense of the House of Representatives that the United States should not waive intellectual property rights relating to COVID-19 vaccines or treatments," is a resolution introduced in the US Congress. The purpose of this resolution is to convey the opinion of the House of Representatives that the United States should not support the waiver of intellectual property rights related to COVID-19 vaccines or treatments.
The resolution emphasizes the importance of protecting intellectual property rights as a means to incentivize innovation and ensure that pharmaceutical companies have the resources and motivation to develop new vaccines and treatments. It argues that waiving these rights could undermine the ability of companies to recoup their investments and could potentially discourage future research and development efforts.
The resolution also highlights the role of intellectual property rights in promoting competition and ensuring quality control in the pharmaceutical industry. It suggests that allowing the waiver of these rights could lead to a decrease in the quality and safety of vaccines and treatments, as well as potentially hinder the ability of companies to quickly respond to future pandemics. Overall, Bill 117 H.Res. 484 expresses the belief of the House of Representatives that protecting intellectual property rights related to COVID-19 vaccines and treatments is crucial for promoting innovation, ensuring quality, and maintaining the incentives necessary for continued research and development in the pharmaceutical industry.
The resolution emphasizes the importance of protecting intellectual property rights as a means to incentivize innovation and ensure that pharmaceutical companies have the resources and motivation to develop new vaccines and treatments. It argues that waiving these rights could undermine the ability of companies to recoup their investments and could potentially discourage future research and development efforts.
The resolution also highlights the role of intellectual property rights in promoting competition and ensuring quality control in the pharmaceutical industry. It suggests that allowing the waiver of these rights could lead to a decrease in the quality and safety of vaccines and treatments, as well as potentially hinder the ability of companies to quickly respond to future pandemics. Overall, Bill 117 H.Res. 484 expresses the belief of the House of Representatives that protecting intellectual property rights related to COVID-19 vaccines and treatments is crucial for promoting innovation, ensuring quality, and maintaining the incentives necessary for continued research and development in the pharmaceutical industry.
Congressional Summary of HRES 484
This resolution expresses the sense of the House of Representatives that the United States should not waive intellectual property protections for COVID-19 vaccines, treatments, or other related innovations.
Read the Full Bill
Current Status of Bill HRES 484
Bill HRES 484 is currently in the status of Bill Introduced since June 17, 2021. Bill HRES 484 was introduced during Congress 117 and was introduced to the House on June 17, 2021. Bill HRES 484's most recent activity was Referred to the Subcommittee on Courts, Intellectual Property, and the Internet. as of November 1, 2022
Bipartisan Support of Bill HRES 484
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
46Democrat Cosponsors
0Republican Cosponsors
46Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HRES 484
Primary Policy Focus
CommercePotential Impact Areas
- Cardiovascular and respiratory health
- Competitiveness, trade promotion, trade deficits
- Emergency medical services and trauma care
- Health technology, devices, supplies
- Immunology and vaccination
- Infectious and parasitic diseases
- Intellectual property
- Manufacturing
Alternate Title(s) of Bill HRES 484
Expressing the sense of the House of Representatives that the United States should not waive intellectual property rights relating to COVID-19 vaccines or treatments.
Expressing the sense of the House of Representatives that the United States should not waive intellectual property rights relating to COVID-19 vaccines or treatments.
Comments
Sponsors and Cosponsors of HRES 484
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