https://www.americanthinker.com/blog/2021/05/is_joe_biden_taking_his_patent_advice_from_the_likes_of_chelsea_clinton.html
Joe Biden is living up to Bob Gates’s dictum as being “wrong on nearly every major foreign policy and national security issue over the past four decades.”
What’s he up to now? Well, after claiming credit for Operation Warp Speed to develop COVID vaccines, his latest bad idea is his plan to end patent protections on them. He’s declared he wants to give them away for free, to help with the COVID crisis in India.
According to the New York Times:
WASHINGTON — 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.
The United States had been a major holdout at the World Trade Organization over a proposal to suspend some of the world economic body’s intellectual property protections, which could allow drugmakers across the globe access to the closely guarded trade secrets of how the viable vaccines have been made. But President Biden had come under increasing pressure to throw his support behind the proposal, drafted by India and South Africa and backed by many congressional Democrats.
It’s a terrible idea, which will put a damper on innovation everywhere. Big Pharma is one of the very few industries left that consistently innovates in the U.S. with its life-saving meds. But when companies cannot profit from their innovations, they don’t make them.
Where’s he getting this bad idea from? One place to look is in the writings of Chelsea Clinton, an essay of which ran with curious timing. Here’s what she wrote in the leftist Atlantic Monthly, dated May 5:
President Joe Biden must help, by removing patent barriers and making vaccine technology available to other countries.
…and…