EXPLAINER: Why patents on COVID vaccines are so contentious

FILE - In this Dec. 29, 2020, file photo, Pat Moore, with the Chester County, Pa., Health Department, fills a syringe with Moderna COVID-19 vaccine before administering it to emergency medical workers and health care personnel at the Chester County Government Services Center in West Chester, Pa. The Biden administration’s call to lift patent protections on COVID-19 vaccines to help poor parts of the world get more doses has drawn praise from some countries and health advocates.

FILE - In this Dec. 29, 2020, file photo, Pat Moore, with the Chester County, Pa., Health Department, fills a syringe with Moderna COVID-19 vaccine before administering it to emergency medical workers and health care personnel at the Chester County Government Services Center in West Chester, Pa. The Biden administration’s call to lift patent protections on COVID-19 vaccines to help poor parts of the world get more doses has drawn praise from some countries and health advocates.

The Biden administration’s call to lift patent protections on COVID-19 vaccines to help poor parts of the world get more doses has drawn praise from some countries and health advocates. But it has run into resistance from the pharmaceutical industry and others, who say it won’t help curb the outbreak any time soon and will hurt innovation.Patents reward innovation by preventing competitors from simply copying a company’s discovery and launching a rival product. In the U.S.

LindaJ_onPharma Not sure Biden's plan is a good idea. Opens the door to disregarding all patents. People work their whole careers to discover medical breakthroughs worthy of Patents. If pharmaceutical patents are eliminated/disregarded because of COVID19 it must be agreed to by the company.

LindaJ_onPharma Because MONEY!!!!

LindaJ_onPharma Money Greed Ppl need to get their retirement funds elsewhere before M4A makes these businesses a lot less profitable.

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