Targeting costly meds, Biden admin asserts authority to seize certain drug patents

https://reddthat.com/post/9351024

Targeting costly meds, Biden admin asserts authority to seize certain drug patents - Reddthat

These drugs were developed with public funds and yet are sold at outrageous pricing.

If the pharma industry was at all reasonable about their pricing, this wouldn’t be a consideration at all.

If you take public funds, you can’t charge exorbitant amounts. Seems an easy trade-off decision for them to make.

^ This. R&D in PharmaWorld means mergers and acquisitions; the real moneymakers they scrape from public research, tweak and then charge for.