WHO & President Biden Want To Suspend Vaccine Patents

06 May 2021 08:21 #1 by FredHayek
In a desire to increase vaccine production, many want to suspend the patents for the many vaccines developed after months of research and spending.
There are a couple of reasons this is a bad idea. It discourages pharmaceutical companies to develop new vaccines if their work is stolen by government mandate. And consider this, would people have even less trust in Covid-19 vaccines is they knew that governments and companies who hadn't developed them were now producing them?
Would you trust a generic Coronavirus vaccine? Or even scarier, a government made vaccine?

Thomas Sowell: There are no solutions, just trade-offs.

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06 May 2021 10:20 #2 by ramage
It should be noted that Moderna suspended its patent protection for their vaccine 7 months ago.
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06 May 2021 10:31 #3 by ramage
marginalrevolution.com/marginalrevolutio...-the-constraint.html

This article posits that patents are not the problem, rather it is the supply change of materials that are necessary in order to get the vaccine produced and distributed.

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