In the next few weeks, the Biden administration could greenlight a World Trade Organization proposal to waive crucial intellectual property protections behind COVID-19 tests and diagnostics. WTO member nations are expected to weigh in on this waiver at the organization's 13th Ministerial Conference in February.
Now that the Biden administration has received a long-awaited report on this issue from the U.S. International Trade Commission, all that's left is President Joe Biden's final decision. It's an important one.