Interesting Global News

2372 readers

3 users here now

What is global news?

Something that happened or was uncovered recently anywhere in the world. It doesn't have to have global implications. Just has to be informative in some way.

Post guidelines

Title format

Post title should mirror the news source title.

URL format

Post URL should be the original link to the article (even if paywalled) and archived copies left in the body. It allows avoiding duplicate posts when cross-posting.

[Opinion] prefix

Opinion (op-ed) articles must use [Opinion] prefix before the title.

Rules

1. English only

Title and associated content has to be in English.

2. No social media posts

Avoid all social media posts. Try searching for a source that has a written article or transcription on the subject.

3. Respectful communication

All communication has to be respectful of differing opinions, viewpoints, and experiences.

4. Inclusivity

Everyone is welcome here regardless of age, body size, visible or invisible disability, ethnicity, sex characteristics, gender identity and expression, education, socio-economic status, nationality, personal appearance, race, caste, color, religion, or sexual identity and orientation.

5. Ad hominem attacks

Any kind of personal attacks are expressly forbidden. If you can't argue your position without attacking a person's character, you already lost the argument.

6. Off-topic tangents

Stay on topic. Keep it relevant.

7. Instance rules may apply

If something is not covered by community rules, but are against lemmy.zip instance rules, they will be enforced.

Companion communities

[email protected] - International and local legal news.
[email protected] - Technology, social media platforms, informational technologies and tech policy.
[email protected] - Interesting articles, projects, and research that doesn't fit the definition of news.

Icon attribution | Banner attribution

founded 1 year ago

MODERATORS

[email protected]

148

US sets policy to seize patents of government-funded drugs if price deemed too high (www.reuters.com)

submitted 8 months ago by [email protected] to c/[email protected]

13 comments fedilink hide all child comments

cross-posted from: https://lemmy.world/post/9298788

The Biden Administration on Thursday announced it is setting new policy that will allow it to seize patents for medicines developed with government funding if it believes their prices are too high.

The policy creates a roadmap for the government's so-called march-in rights, which have never been used before. They would allow the government to grant additional licenses to third parties for products developed using federal funds if the original patent holder does not make them available to the public on reasonable terms.

Under the draft roadmap, seen by Reuters, the government will consider factors including whether only a narrow set of patients can afford the drug, and whether drugmakers are exploiting a health or safety issue by hiking prices.

"We'll make it clear that 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 adviser Lael Brainard said on a press call.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 3 points 8 months ago* (last edited 8 months ago) (1 children)

[death-by-snu-snu-excited-scared-meme.gif]

[–] [email protected] 1 points 8 months ago

The spirit is willing but the body is spongy and bruised