Friday, May 07, 2021

Moderna, Pfizer stocks keep dropping after Biden backs sharing coronavirus vaccine patent

Another big blunder from the cognitively impaired 46th President of the United States! There was no need for this measure! To arbitrarily waive intellectual property rights is really bad policy! This is government expropriation plain and simple! Unconstitutional!

The 46th President is doing everything in his power to drive the economy into the ground! What a joker! He governs like a developing country potentate! Who is actually running the show in the White House?

I am sure no proponent of excessive intellectual property rights. E.g. copyrights are extremely excessive! I have blogged here, here, and here about it.

"In a historic move, the US government has announced that it supports waiving patent protections for COVID-19 vaccines, a measure aimed at boosting supplies so that people around the world can get the shots. “The extraordinary circumstances of the COVID-19 pandemic call for extraordinary measures,” said US trade representative Katherine Tai in a statement. ..."
This U.S. Trade Representative was unanimously confirmed by a 98 to 0 vote in the U.S. Senate! Could she be a Communist Party of China mole? Her curriculum vitae on Wikipedia is very short and not very impressive!

Moderna, Pfizer stocks keep dropping after Biden backs sharing coronavirus vaccine patent Moderna CEO tries to soften the blow

In shock move, US backs waiving patents on COVID vaccines The development from the Biden administration draws cheers from public-health researchers and ire from drugmakers

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