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Replying to @JackJFernandes
Yeah, you've got the essential bit right. It's not merely that they don't have patent access, they also don't know how to do it year, some of this (most of this?) is protected by trade secret. How long do you think that will last? I think China will have it in 2-4 years probably
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Replying to @DanielleFong
So countries should be sharing trade secrets? That would be great to advance biomedical research but the approval process for therapeutics in the US will remain the same. Aka as long as private companies are forced to innovate, cost will remain a top priority. End rant!
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Replying to @JackJFernandes
yes, countries should be sharing trade secrets! i realise that's supposed to be a radical position but it shouldn't be. the accelerated timeline for the vaccine development in particular is one of the most concrete proofs we have that maybe we are overregulating drug development
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Replying to @DanielleFong
Yeah but the two first and best vaccines came from the US, right?China stole Moderna’s data. Russia? No clue. So it seems like in this case people are just saying “US companies should give their data to other countries for free.” Maybe it would be a net positive. Probably not.
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Replying to @JackJFernandes
well, Biontech was from Germany, but that's beside the point. US is the economic superpower, and has been, and has lead the world into an era of cheap global travelthe US is affected by a global pandemic, & the vaccines are radically underpriced. it's an easy call to make imo
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Replying to @DanielleFong
the magnitude of the cost of lockdowns / covid is in the trillions, and the US has printed trillions as well as had incredible asset appreciation. They could pay, you know $25 billion to Pfizer/ Moderna to buy their patents & trade secrets to give away, to scale
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Replying to @DanielleFong
It almost sounds as if you’re saying that America should try to save the world by using US money to buy US patents and leak any/all resulting trade secrets to the globe? If that’s the case, let’s agree to disagree here. Nonetheless, US Gov could seize patents if it wanted to
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yes! I am arguing US should save the world. It's the smart strategy!
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