Thursday, May 6, 2021

Biden Admin Supports Suspending Patents on Vaccines

From the story: The Biden administration came out on Wednesday in support of waiving intellectual property protections for coronavirus vaccines, siding with international efforts to bolster production amid concerns about vaccine access in developing nations (NY Times). 

From David Harsanyi: Waiving intellectual property rights is flat-out state-sponsored theft (Twitter). 

From Senator John Cornyn: US taxpayers help fund the research into developing mRNA vaccines, including the early R&D by Moderna. The waiver of IP protections would effectively be giving US taxpayer funded research to China and DPRK (Twitter).  

More from Harsanyi: Big Pharma saves more lives every year than all government programs combined. Setting aside COVID for a moment, their innovations have transformed numerous once-deadly ailments into nothing but historical footnotes. They help millions of Americans who suffer from debilitating depression and pain live more bearable lives. Pharma does it for money. Just like you do what you do for money (National Review).

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