The Biden administration on Thursday asserted its authority to seize the patents of certain costly medications in a new push to slash high drug prices and promote more pharmaceutical competition.

The administration unveiled a framework outlining the factors federal agencies should consider in deciding whether to use a controversial policy, known as march-in rights, to break the patents of drugs that were developed with federal funds but are not widely accessible to the public. For the first time, officials can now factor in a medication’s price — a change that could have big implications for drugmakers depending on how the government uses the powers.

“When drug companies won’t sell taxpayer-funded drugs at reasonable prices, we will be prepared to allow other companies to provide those drugs for less,” White House National Economic Advisor Lael Brainard said during a call with reporters Wednesday.

  • paultimate14@lemmy.world
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    1 year ago

    I’m probably going to get downvoted for this, but the Biden administration has really exceeded my expectations.

          • agent_flounder@lemmy.world
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            1 year ago

            We don’t need a Fox “news” equivalent for Democrats that pumps out propaganda (your term used above) and traps Democrats into an echo chamber.

            I mean we already have some fairly biased left leaning news outlets. Nothing like Fox or OANN or Breitbart.

            Still, I would like to get rid of heavily biased propaganda outlets because – yes – they basically brainwash their listers with various techniques.

      • Ð Greıt Þu̇mpkin@lemm.ee
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        1 year ago

        They do, it’s just that that ecosystem is owned by the same vested interests and so it churns a cacaphony of criticism aimed at making the left feel no accomplishment is good enough and no effort is far enough.

    • Brokkr@lemmy.world
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      1 year ago

      They do great work, but they don’t market and promote their successes well enough. I would prefer a society that favors humility more and therefore appreciate this administration’s style, but it seems that a lack of hubris is now considered a fault in the public eye, on both sides of the aisle.

      • BigMacHole@lemm.ee
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        1 year ago

        I would like an administration whose flamboyant about their successes so I know what to expect in my daily life when it comes to politics aka why I see more EVs (rebates funding and a federal charging grid), lower/higher prices on things (like Biden removing patents to create competition) and even insurrectionists going to jail (if we had a working justice system)!