In our latest Liberty Update, we highlight an eye-opening new study confirming how drug price controls…
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AEI's Michael Rosen: "Omicron Variant Sows Chaos but Doesn’t Move Needle on Patent Waiver Debate"

In our latest Liberty Update, we highlight an eye-opening new study confirming how drug price controls kill pharmaceutical investment and innovation at the worst possible time, when America and the entire world depend upon them more than ever.

In similar vein, American Enterprise Institute (AEI) Adjunct Fellow and healthcare expert Michael Rosen nicely illustrates how the omicron variant of Covid has paused the destructive global effort to suspend enforcement of patent rights belonging to lifesaving vaccine developers:

But the new omicron variant of the virus has intervened, shelving the planned WTO meeting and throwing into continued contrast the supposed haves and have-nots of vaccine protection...  But the EU has held firm in resisting the vaccine waiver, and rightly so."

Unfortunately…[more]

December 06, 2021 • 12:20 PM

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New Study Confirms How Drug Price Controls Kill Investment and Innovation
By Timothy H. Lee
Thursday, December 02 2021
Anyone who considers European healthcare a model to emulate or welcomes government drug price controls just received a jarring corrective in the form of a new study by VitalTransformation.   For example, as of 2019 late-stage biopharmaceutical venture capital funding in the European Union (EU) amounted to just 3% of the United States level.   That’s not a typo.  Three percent.   Additionally, biopharma startup investments in the EU – which include both internal domestic and foreign direct investments – totaled less than 10% of the U.S. level…
 
Third Worldizing America
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Fauci Puts Us at Risk
A new COVID-19 variant, reported from sub-Saharan Africa on Wednesday, has caused many developed countries…
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Biden Administration Seeks to Kill the Moderna Goose that Laid the Golden Vaccine Egg
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Quiz Question   
How many gun purchase background checks were processed by the FBI during Thanksgiving Week 2021?
More Questions
Notable Quote   
 
"A bank that misplaced over one-fifth of its deposits would be shut down almost immediately. So would a hospital that bungled one in five operations, or a private health insurer that mishandled one-fifth of its claims.But apparently, the bar is a lot lower for government programs. The Biden administration recently admitted that 'improper payments' made up 21.69% of total Medicaid spending in fiscal…[more]
 
 
—Sally Pipes, President, CEO, and the Thomas W. Smith Fellow in Healthcare Policy at the Pacific Research Institute
— Sally Pipes, President, CEO, and the Thomas W. Smith Fellow in Healthcare Policy at the Pacific Research Institute
 
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