Biden administration asserts power to seize drug patents in move to slash high prices
nxdefiant @ nxdefiant @startrek.website Posts 0Comments 1,188Joined 2 yr. ago
nxdefiant @ nxdefiant @startrek.website
Posts
0
Comments
1,188
Joined
2 yr. ago
Counterpoint: They took government money, the public *already" owns those drugs (in part).
If a private investor had fronted half the money for the company, they'd own half the company. The government's role here is angel investor, and it's insane to let these companies buy out their partner at the initial investment price. It's my opinion that if the US government is the majority owner of any given medication, it is in the best interest of the public that those medications be made available at cost.