@sh76 saidWho would the drug companies sue? Drug companies in other nations?
He can't stop people from suing in federal court by executive order. There would be no constitutional mechanism for him to stop people's lawsuits.
Immigration is different. He can't change the law, but he can instruct the DHS to stop enforcing it.
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@vivify saidIf any company ever deserved profits, it would be the drug companies that created vaccines during a pandemic. To attempt to deny them the opportunity to make profits is an abuse of power and short sided as the companies will have less opportunity to develop future vaccines or modifications of these vaccines.
https://www.cbsnews.com/news/covid-vaccine-patent-waiver-biden/Biden administration to support waiving COVID-19 patents
U.S. Trade Representative Katherine Tai has announced the administration's support for waiving intellectual property protections for COVID-19 vaccines. Waiving patent protections has gained traction, especially among progressives, as COVI ...[text shortened]... pate in text-based negotiations at the World Trade Organization needed to make that happen."
@quackquack saidHow many people in poor countries would you be willing to see die to protect those profits?
If any company ever deserved profits, it would be the drug companies that created vaccines during a pandemic. To attempt to deny them the opportunity to make profits is an abuse of power and short sided as the companies will have less opportunity to develop future vaccines or modifications of these vaccines.
@no1marauder saidYou are truly a pathetic joke. We are a a huge risk to not have future vaccines for Corona variants or other diseases because you take a successful life savings product and prevent the companies from receiving their deserved profits. Is it too much to ask that the president of the United States promotes the development of living saving products for our citizen and to make a fair profit?
How many people in poor countries would you be willing to see die to protect those profits?
@quackquack saidNot much of an answer to the question, was it?
You are truly a pathetic joke. We are a a huge risk to not have future vaccines for Corona variants or other diseases because you take a successful life savings product and prevent the companies from receiving their deserved profits. Is it too much to ask that the president of the United States promotes the development of living saving products for our citizen and to make a fair profit?
Seems like the vaccine makers made out fine selling to countries that could afford them:
https://nation.com.pk/08-May-2021/pfizer-ceo-expects-dollar-26b-covid-19-vaccine-profits-in-2021
https://www.wsj.com/articles/moderna-turns-first-ever-profit-boosted-by-its-covid-19-vaccine-11620302289
Why insist on a mountain of dead in poorer countries just to protect further profits? Patent protection is always subject to a balancing test; it is an extraordinary government interference in the "free market" system after all.
@no1marauder saidWe have companies who developed the most significant product in a half century maybe more and instead of allowing them to sell at a fair market you literally steal it from them. Let countries pay it for it offer cheap resources, land, low priced labor, or other things of value. When these countries offer serious compensation packages then we can balance their offer. These country offered nothing so that's not a balancing or anything,.
Not much of an answer to the question, was it?
Seems like the vaccine makers made out fine selling to countries that could afford them:
https://nation.com.pk/08-May-2021/pfizer-ceo-expects-dollar-26b-covid-19-vaccine-profits-in-2021
https://www.wsj.com/articles/moderna-turns-first-ever-profit-boosted-by-its-covid-19-vaccine-11620302289
Why insist on a mountai ...[text shortened]... alancing test; it is an extraordinary government interference in the "free market" system after all.
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@quackquack said1 million dead? 10 million? At what point do you balance the harm that worldwide patent protection for these companies does against their crying need for even more profit than the almost $30 billion already made?
We have companies who developed the most significant product in a half century maybe more and instead of allowing them to sell at a fair market you literally steal it from them. Let countries pay it for it offer cheap resources, land, low priced labor, or other things of value. When these countries offer serious compensation packages then we can balance their offer. These country offered nothing so that's not a balancing or anything,.
No point apparently for you even though there is no "right" to patent protection at all.
@no1marauder saidYou are holding the wrong party responsible. How many people will countries that cry poverty be willing to kill instead of offering payment. Do they literally put the value on their citizens lives at zero? Not offering to pay for a life saving product during a pandemic is a complete joke.
1 million dead? 10 million? At what point do you balance the harm that worldwide patent protection for these companies does against their crying need for even more profit than the almost $30 billion already made?
No point apparently for you even though there is no "right" to patent protection at all.
The vaccines were developed through worldwide cooperation, with taxpayer money from various countries. The private and public sector working together. Yes, pharma companies deserve some return on their investment but it should be proportional to their contribution and governments, as co-partners, must and should enforce upper limits on the price of vaccine doses.
Holding off on distributing the vaccine to everybody is not morally repugnant (allowing millions to die to make more profit) it is also unbelievably stupid: allow covid to mutate and develop resistance to the vaccine and go through another pandemic later on.
The stupid talking point about companies refusing to invent anything if they don't get whatever they want is just that: stupid. Companies operate in a system, they aren't their own ecosystem. They need us. In return for the protection of a patent they should be required to adhere to certain conditions. Having an upper limit on the price of a life saving drug is a good fukin start.
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@no1marauder saidIn rem jusridiction assuming the drug company holds US assets. Otherwise, I supposed they'd have to file in those companies' home countries, but presumably patent law would be applicable under TRIPS.
What would be the jurisdictional basis for federal courts to accept such lawsuits?
@zahlanzi saidIt is morally repugnant for countries to be so entitled that they feel that they do not need to pay for a life saving products during a pandemic. If everyone wants companies to develop products like COVID vaccines, we need to ensure that they get fair returns. All countries have SOME money and it should be mandated that they either (1) us that money to pay for this life saving vaccine
The vaccines were developed through worldwide cooperation, with taxpayer money from various countries. The private and public sector working together. Yes, pharma companies deserve some return on their investment but it should be proportional to their contribution and governments, as co-partners, must and should enforce upper limits on the price of vaccine doses.
Holdin ...[text shortened]... certain conditions. Having an upper limit on the price of a life saving drug is a good fukin start.
(2) develop their own vaccine
(3) acknowledge that they have priorities other than to vaccinate their people and suffer the consequences of their stated moronic priorities.
The idea that some countries take without making their fair share is an abomination and United States companies should reasonably expect that their own country wouldn't interfere with its own companies making a fair profit from a literally life savings product.
@quackquack saidoh, sorry, maybe I should explain it like you're five.
It is morally repugnant for countries to be so entitled that they feel that they do not need to pay for a life saving products during a pandemic. If everyone wants companies to develop products like COVID vaccines, we need to ensure that they get fair returns. All countries have SOME money and it should be mandated that they either (1) us that money to pay for this life ...[text shortened]... ouldn't interfere with its own companies making a fair profit from a literally life savings product.
the longer the bad flu goes on, the worse the bad flu gets, until the bad flu turns into worse flu. Did that penetrate your thick skull?
What you're advocating is standing in the middle of a burning building and refusing to help people stuck in a room even if eventually the building will burn you alive along with those people.
(2) develop their own vaccine
you didn't "develop your own vaccine", you used freely shared knowledge from scientists all over the world to come up with a solution to the burning building you are standing in.
"(3) acknowledge that they have priorities other than to vaccinate their people and suffer the consequences of their stated moronic priorities."
Yes, not pay the ransom demanded by greedy pharmaceutical companies acting like kidnappers without negotiating first. Like real free market economy should behave.
"The idea that some countries take without making their fair share is an abomination and United States companies should reasonably expect that their own country wouldn't interfere with its own companies making a fair profit from a literally life savings product."
not gonna bother mentioning the burning building again. It was already established you don't have the decency to save those people but it's becoming obvious you don't have the intelligence needed to realize that saving them also saves you.
Because when the virus mutates from infecting all those people in the poor countries and the vaccine becomes worthless, who do you think will get infected first? A dumbass randian fanatic who doesn't understand economics rooting for greedy corporations that don't give a fuk about him? Or the CEOs of said greedy corporations?
@zahlanzi saidMaybe you have the thick skull so I'll explain it to you.
oh, sorry, maybe I should explain it like you're five.
the longer the bad flu goes on, the worse the bad flu gets, until the bad flu turns into worse flu. Did that penetrate your thick skull?
What you're advocating is standing in the middle of a burning building and refusing to help people stuck in a room even if eventually the building will burn you alive along with ...[text shortened]... ng for greedy corporations that don't give a fuk about him? Or the CEOs of said greedy corporations?
We won't have vaccines in the future or continued research for a mutating virus if the companies that develop them aren't sufficiently compensated for their product. By refusing to pay for one of the most valuable inventions in a century you have indicated that you don't have an ounce of respect for those who create products that save lives even in a pandemic.
Payment for life saving inventions encourages the creation of them. And, for the record, no one cares about freeloaders, like yourself, who think they are entitled to life saving medicine without offering to paying a reasonable price.