The United States will give up the intellectual property rights patent of COVID-19 vaccine, what impact will it have on the global anti-epidemic?

Recently, one? The United States will give up the intellectual property patent of COVID-19 vaccine? The news triggered a heated discussion among netizens and caused a heated discussion on the Internet. We know that since the outbreak, most countries don't have enough vaccines to fight, while the United States has a very large amount. At present, about 1 billion doses of vaccines have been vaccinated around the world, but most of them have occurred in rich countries, and which poor countries have no vaccines to fight. As a result, more than 1 countries have applied to the World Trade Organization for exemption from COVID-19's vaccine patents, which the United States refused before, but recently, after fierce internal quarrels, they decided to do so. So, what impact will this have on the global fight against the epidemic?

1. Developing countries all over the world can use the patent for free

So if the patent is abandoned, those countries where other developing countries can't get the vaccine can produce the vaccine themselves, so that they won't be unable to buy the vaccine because of various financial reasons.

Second, greatly speed up the vaccination

Then if other countries can produce their own vaccines instead of waiting for these big countries to sell them, the vaccination speed all over the world will be much faster, so that Covid-19 all over the world can pass as soon as possible.

3. The profitability of vaccine companies is getting worse

But at this price, the companies that made a lot of money from producing vaccines will greatly reduce their profitability, and there are not so many people waiting in line to buy them, so this is bad news for the original vaccine companies in the world, but it is very good news for the health of all mankind.

The above is my opinion on this issue, which is purely personal and for reference only. If you have any different opinions, you can leave a message in the comments area and discuss it together.