In the discussions surrounding the draft pandemic treaty, what is the full form of PABS?
Pathogen Access and Benefit Sharing System
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Pathogen Access and Benefit Sharing System is what PABS stands for. Article 10 of the draft pandemic treaty mentions it and requests that member nations set up a multilateral PABS system for access and benefit sharing. The PABS Standard Material Transfer Agreement will include a financial commitment to provide 10% of vaccines and antivirals to WHO at reasonable costs in the event of a pandemic. Although developing nations expressed general agreement, they questioned whether it would deter small vaccine manufacturers who were instrumental in the COVID-19 pandemic and asked for clarification on the governance structure.