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Biden s Competition Order Is Much Worse Than the Decreed Illness
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The Bayh–Dole Act and its effects on agricultural innovation
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The second decade of the 21st century was bookended by two great crises the Great Recession and the COVID-19 pandemic. In addition to the colossal impact these events have had on our daily lives, they resulted in
massive increases in government power and spending. During the Great Recession, Rahm Emmanuel, Chief of Staff for President Barack Obama, infamously said, “You never want a serious crisis to go to waste. And what I mean by that is an opportunity to do things that you think you could not do before.”REF This adage was applied in the Great Recession and it certainly has been applied in the COVID-19 pandemic.REF
Credit: UNICEF/Nahom Tesfaye
KUALA LUMPUR, Malaysia, May 11 2021 (IPS) - Thanks to President Biden, the US now supports a suspension of intellectual property (IP) rights to increase vaccine supplies. However, without vaccine developers sharing tacit technical knowledge for safe vaccine mass production, it will be difficult to rapidly scale up vaccine output.
Waiver delayed is waiver denied
The CEOs of Pfizer and Astra Zeneca had recently asked the US President to reject the waiver request. Nevertheless, on 5 May, US Trade Representative (USTR) Katherine Tai announced US support for a vaccine waiver. The hope is that many, mainly rich countries will now stop opposing the developing country waiver proposal.
Why Big Tech Likes Weak IP
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