this post was submitted on 07 Dec 2023
804 points (99.3% liked)

News

23284 readers
3999 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

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.

(page 2) 50 comments
sorted by: hot top controversial new old
[–] aniki@lemm.ee 4 points 11 months ago (1 children)

Anything but ~~metric~~ universal healthcare.

[–] CmdrShepard@lemmy.one 7 points 11 months ago* (last edited 11 months ago) (2 children)

"Best we can offer is a Republican created plan to offer insurance outside of employment and an additional tax if you don't/can't participate in it." ~Democrats

[–] oatscoop@midwest.social 2 points 11 months ago* (last edited 11 months ago) (1 children)

-- to make it less offensive to the Republicans and a handful of "moderate" Democrats so it stood a chance of actually becoming law. It didn't even pass in its original form due to a Republican led filibuster: the Bill's backers didn't have the votes to overcome it, so they had to make concessions. Unfortunately that's how Congress works.

The idea Democrats could have passed a bill for universal healthcare is absurd. Any serious attempt to pass it would have been shut down. The parties aren't homogeneous entities: they're made up of individuals with their own agendas.

[–] CmdrShepard@lemmy.one 2 points 11 months ago

I think you may be white washing what occurred at the time. Obama made concessions to appeal to Republicans but they weren't needed to pass the bill and none of them even voted for it in the end (apart from 1 House Republican). Democrats had a super majority at the time with 60 senate seats.

https://ballotpedia.org/Obamacare_overview

[–] aniki@lemm.ee 1 points 11 months ago

Best we can do is... [check notes]....

Fine you.

[–] Furbag@lemmy.world 4 points 11 months ago

"Won't someone think of the billion dollar drug corporation? They're the real victims of this abuse of executive power!" - Republicans right now, probably.

[–] lolcatnip@reddthat.com 4 points 11 months ago* (last edited 11 months ago)

"Seize" is a really weird term to apply to something that only exists as an idea. Especially an idea that only has meaning because governments actively enforce it. It would make more sense to say Biden plans to end enforcement of the relevant patents.

It seems like the language of the article is designed to paint Biden's plan in a bad light.

[–] linuxdweeb@lemm.ee 3 points 11 months ago

“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,”

Cue the legal bickering over what counts as "reasonable". I think the definition is clear: the only reasonable price for medicine is the lowest possible price. And the only way to ensure that is to not award drug patents in the first place (at all, but especially if development was funded by taxpayers).

[–] mydude@lemmy.world 2 points 11 months ago (1 children)

With the R's and D's history of both being completely owned by the same oligarchs in mind, this sounds like a framework that will be used to crush smaller pharmaceutical companies and give patents to the all ready huge ones... I might just be super critical, correct me if I'm wrong...

[–] Uncle_Bagel@midwest.social 3 points 11 months ago (1 children)

It's not like there is a cottage industry of small time pharmaceutical companies these days. The smaller ones that exist mostly just focus on making generic forms of drugs that jave expired patents.

[–] mydude@lemmy.world 1 points 11 months ago

Yes, true, but what i'm trying to ask is; is there any safeguard in the bill preventing it from being used to crush the few smaller ones?

[–] Coldgoron@lemmy.world 2 points 11 months ago

“You’re killing me”! - Drug Companies “Good” -Me

[–] Chakravanti@sh.itjust.works 2 points 11 months ago* (last edited 11 months ago)

He does this in time, I won't feel bad for voting for him just to stop Trump's immenant objective of Tyrrany of Obvious Lies and Theft.

load more comments
view more: ‹ prev next ›