Commentary

Biden Administration Thuggishly Seeks “March In” Power to Seize Private Drug Patents

By Timothy H. Lee
Thursday, December 14 2023

"Nice invention you’ve got there. Be a shame if someone marched in and seized it from you." Imagine yourself the inventor on the receiving end of that warning from some thuggish organized criminal. It would bring your incentive to continue inventing to a grinding halt, and probably frighten you into taking your enterprise elsewhere. Disturbingly, that’s precisely the threat that the Biden Administration just issued to American pharmaceutical innovators, who invent an astounding two-thirds of all new drugs worldwide. For perspective…

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