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.

  • @[email protected]
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    -121 year ago

    What a stupid comment to make. Unless this is your first day, Lemmy isoverwhelmingy in support of the biden administration, which is fine of course, but if you just scope around, its the most obvious prevailing opinion. Anytime trump is praised, which is rare, they’re down voted and reported and fucking removed.

    This is as stupid as saying :

    “Gonna get down voted for this but I think murder is bad”

    • @paultimate14
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      101 year ago

      In my experience, Lemmy is usually far enough left that they say Biden is basically a Republican. There’s absolutely a ton of “both sides bad” bullshit on Lemmy.

      • @[email protected]
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        11 year ago

        Yeah and you don’t even see the tankie instances on your instance. These people think liberals are the devil

    • @agent_flounder
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      51 year ago

      I guess you missed a lot of the “conversations” I’ve seen then lol. That’s good. Frequent stress isn’t good for the blood pressure.