The Biden administration is considering seizing patents of high-priced drugs developed with taxpayer funding to lower their prices. This move aims to combat prescription drug price gouging and increase accessibility to drugs developed with federal funds. The administration asserts the power to break patents of costly drugs to slash high prices, emphasizing the use of March-In rights for drug patents. The pharmaceutical industry faces a three-front battle with the FTC, Medicare, and the White House. President Biden's bold blueprint for affordable drugs seeks to contrast with former President Trump's approach to drug prices.
President Biden on Prescription Drug Costs @NIH – LIVE on C-SPAN https://t.co/J4oZ7RJbIX
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Big Pharma: Why the drug industry faces a 3-front battle with the FTC, Medicare, and the White House https://t.co/U8IHp4Cntr by @AnjKhem
Pill Politics: Unveiling Biden’s Bold Blueprint for Affordable Drugs https://t.co/e98mdo4nbv
Pill Politics: Unveiling Biden’s Bold Blueprint for Affordable Drugs https://t.co/uVI2Hr8xDs | by @seyfarthshawllp
President Biden gets aggressive on drug prices, seeking contrast with former President Trump https://t.co/V4L5zXnwDk https://t.co/mKJZVEDW9y
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Biden Wants To Seize Patents Of Pricey Drugs And Use Government To Make Them Cheaper https://t.co/SbtZHXyk8E
White House Threatens Patents of High-Priced Drugs https://t.co/41j5A6gD44
White House Threatens Patents of High-Priced Drugs https://t.co/ezSBDFOEDs
The Biden administration has laid out instances in which the U.S. government could break the patents of costly drugs developed with taxpayer funding in order to lower their prices. https://t.co/81yYQlqHGe
Investors are pouring billions of dollars a year into AI-enabled drug discovery, and companies have to worry about intellectual property — regarding not only the drugs but also the discovery methods https://t.co/AWrdeLgcxY
Biden Administration Has Unusual Plan to Cut Drug Prices https://t.co/ZRhgvwug1C
Biden Administration Announces Shift in Use of March-In Rights for Drug Patents https://t.co/WKdtneQ8JG | by @BrooksKushman
President Biden has stepped into a long-running debate about whether the National Institutes of Health has legal authority to override an exclusive patent license granted to drug developers if they charge too much for treatments based on NIH research. https://t.co/vKWxw6DsW1
Biden Administration Announces Shift in Use of March-In Rights for Drug Patents https://t.co/qOajlcSx4x | by @BrooksKushman
.@SteveForbesCEO blasts a potential move by President Biden to seize patents of high-priced drugs that, if successful, would greatly inhibit pharmaceutical inventiveness and end up costing an untold number of people cures to disease. #WhatsAhead https://t.co/PiPpgdj22U
.@SteveForbes blasts a potential move by President Biden to seize patents of high-priced drugs that, if successful, would greatly inhibit pharmaceutical inventiveness and end up costing an untold number of people cures to disease. #WhatsAhead https://t.co/n6y78xt4j5
Biden eyes seizing patents of taxpayer-funded drugs in bid to slash prices - SA https://t.co/ls69GPsPXl
The Biden administration on Thursday laid out instances in which the federal government could break the patents of costly drugs developed with taxpayer funding in order to lower their prices. https://t.co/JVvYA4Md6a
Biden administration asserts power to seize drug patents in move to slash high prices https://t.co/gwjcmZwFSp
Biden embraces power to break patents of costly drugs https://t.co/CGWKkGMbqW
"patents of drugs that were developed with federal funds but are not widely accessible to the public" Biden administration asserts power to seize drug patents in move to slash high prices https://t.co/BWWimVQLGm
Biden administration asserts power to seize drug patents in move to slash high prices https://t.co/gwjcmZwFSp
Biden administration announces new actions to combat prescription drug price gouging https://t.co/blU9Q3kpUm
The White House is threatening the patents of high-priced drugs developed with taxpayer dollars https://t.co/4i2KIzFOQI