Joe Biden was on a track to leave Pharmaceuticals alone and did not want to go along with many Dems who have been in favor of seizing patents on some drugs with high costs. As you can see from this tweet below from 2020. All of that has changed since Biden has decided lowering drug costs is going to be a huge feather in his cap for reelection.
NEW: In break with Sanders and many other Dems, Joe Biden has not embraced an executive authority known as march-in rights that could be important for controlling the cost of a coronavirus vaccine. https://t.co/S2Ny82qbfv
— Sludge (@Sludge) March 17, 2020
Breaking over multiple outlets today Biden has stated he is going to rely on ‘Marching Rights’ to lower the high cost of drugs. The Democrats believe the Bayh-Dole Act of 1980 gives them the option to seize patents on certain drugs. We have no idea why that is even necessary when they can simply implement some caps as Former President Trump did on insulin. A cap that Biden revoked on his first week in office we might add.
The news is so new that there are not even a lot of replies to talk about at this time, but we are going to link you to several of the stories so you can read and…
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