The Biden administration on Thursday asserted its authority to seize the patents of certain costly medications in a new push to slash high drug prices and promote more pharmaceutical competition.
The administration unveiled a framework outlining the factors federal agencies should consider in deciding whether to use a controversial policy, known as march-in rights, to break the patents of drugs that were developed with federal funds but are not widely accessible to the public. For the first time, officials can now factor in a medication’s price — a change that could have big implications for drugmakers depending on how the government uses the powers.
“When drug companies won’t sell taxpayer-funded drugs at reasonable prices, we will be prepared to allow other companies to provide those drugs for less,” White House National Economic Advisor Lael Brainard said during a call with reporters Wednesday.
Every time there's a bunch of commenters talking about how little they like Biden (or his administration) for 'not doing enough', I know:
that person almost certainly does not actually vote
that person does not pay attention to politics, they just repeat what they've seen on social media, which is their own echo chamber.
How do I know they don't vote? Because they are too lazy to even be up to date via Google on the political opinions they post - they certainly aren't going to bother to actually leave their house and vote.
That said, the Biden administration might do well to be more bombastic with their statements about their successes. I don't love the idea that the merit of a success would need to be 'sold', but you have the GOP screaming idiot things all over the media sphere every single day, and that has to be competed with.