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.

  • Blackbeard@lemmy.worldM
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    1 year ago

    Amen to that. It’s a shame the left doesn’t have a shameless media ecosystem that can produce a 24/7 cacophony of propaganda to amplify this kind of stuff.

      • Blackbeard@lemmy.worldM
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        1 year ago

        I’m pretty sure there’s a significant difference between marketing and brainwashing. And I’m also pretty sure you already knew that.

        • 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.

          • Blackbeard@lemmy.worldM
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            1 year ago

            Good for you, living in that fantasy land. Let me know how it works out for you in 50 years.

            Meanwhile, on Earth, I’ll continue to believe that there are tools at our disposal, and that we should use them.

    • 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.