Pharmaceutical companies have come to the world’s rescue with Covid vaccines, but the Biden Administration is under pressure to steal their patents. wsj.com/articles/watch… via @WSJOpinion
I think this is right, for a myriad of reasons:
1. Opening up these patents really isn't going to increase short or mid term supply of vaccine. The supply of raw materials needed is scarce. It would take at least a year, or two, for these countries to expand production.
1. Opening up these patents really isn't going to increase short or mid term supply of vaccine. The supply of raw materials needed is scarce. It would take at least a year, or two, for these countries to expand production.
2. If we want to vaccinate the world....WE CAN AND SHOULD. The cost would be minimal, and the benefits would be huge (STAMP A US FLAG ON EVERY DOSE!).
3. Bush's AIDS program, PEPFAR, is the obvious model for this.
3. Bush's AIDS program, PEPFAR, is the obvious model for this.
4. Biden should go big on this. If, say, we want to vaccinate a billion people, if we get money from other countries the cost would be very, very small, with huge benefits for the world, and the US.
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