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Biden Betrays Manufacturers with Vaccine Patent Waiver

&NewLine;<p>President Joe Biden on Wednesday endorsed a controversial proposal to share COVID vaccine manufacturing details with the world&period; The so-called &OpenCurlyDoubleQuote;intellectual property waiver” will waive any vaccine patent and is a slap in the face to the top minds and manufacturers who worked nonstop for months to create&comma; test&comma; and produce vaccines and is sure to disincentivize investment in future therapies&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Take German company BioNTech&comma; for example&period; The company spent more than a decade developing the mRNA technology that made its COVID vaccine possible&period; With its precious research given to the world for free&comma; BioNTech has little incentive to pursue treatment for other diseases&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;There is proprietary know-how that has to be transferred by the owner&comma;” explains a spokesperson for ReiThera&comma; an Italian vaccine manufacturer&period; &OpenCurlyDoubleQuote;And then there is the problem with process materials&comma; which at the moment have delivery times of almost a year&period;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The push to share manufacturing details comes from low-income nations and Democrats&period; They insist the vaccine patent waiver is the only way to expand access to COVID vaccines&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>This is not true&period; World Trade Organization rules already require vaccine inventors to license technology to low-income countries in an emergency&period;<strong> This is already happening&comma; though Democrats say the process is slowing vaccine production&period;&nbsp&semi;<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h4 class&equals;"wp-block-heading" id&equals;"h-another-key-issue-here-is-safety">Another key issue here is safety&period; <&sol;h4>&NewLine;&NewLine;&NewLine;&NewLine;<p>Included in a traditional patent license is the understanding that any inventor ensure his product is manufactured safely and correctly&period; Such regulation will be impossible if the vaccine patent waiver gets approval&period; This will put the lives of people in low-income nations in even greater danger&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The White House has already agreed to release 60 million doses of AstraZeneca as soon as the FDA approves it&period; The White House is also working tirelessly with other manufacturers to determine how best to export vaccines to countries without liability protection for potential side effects&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>European nations and top COVID expert Anthony Fauci oppose the proposal to waive vaccine patents&period; He says there are better ways to increase vaccine production throughout the world&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;The limiting factor for the production of vaccines are manufacturing capacities and high quality standards&comma; not the patents&comma;” explains a spokesperson for the German government&period; &OpenCurlyDoubleQuote;The protection of intellectual property is a source of innovation and this has to remain so in the future&period;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>Author&&num;8217&semi;s Note&colon; <&sol;strong>Under President Donald Trump’s leadership&comma; the United States invented and produced a vaccine in record-breaking time to save the world from a deadly virus that our top rival &lpar;China&rpar; released while at the same time going to great lengths to stop that rival from stealing intellectual property&comma; spying&comma; and infiltrating universities&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Now&comma; under President Biden and the vaccine patent waiver&comma; we are handing over intellectual property for free to China and the rest of the world while breaking patents and legal protections for inventors&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>Sources&colon; <&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;wsj&period;com&sol;articles&sol;bidens-vaccine-patent-theft-11620255362&quest;mod&equals;opinion&lowbar;major&lowbar;pos1">Biden’s Vaccine Patent Theft&nbsp&semi;<&sol;a><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;wsj&period;com&sol;articles&sol;president-joe-sanders-11620340410&quest;mod&equals;opinion&lowbar;lead&lowbar;pos8">President Joe Sanders&nbsp&semi;<&sol;a><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;reuters&period;com&sol;business&sol;healthcare-pharmaceuticals&sol;pharmaceutical-association-says-biden-move-covid-19-vaccine-patent-wrong-answer-2021-05-05&sol;">Drugmakers say Biden misguided over vaccine patent waiver&nbsp&semi;<&sol;a><&sol;p>&NewLine;

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