Friday, May 21, 2021

Patent protection

Is Biden discouraging patent protection? "The announcement that the United States might waive intellectual property rights could stymie the discovery and deployment of new vaccines; returning us to the same vulnerable position we occupied in the closing days of 2019. All the wiser and yet, somehow, not. While I remain firmly in the camp that the patent system needs to be updated and reformed, we must appreciate that patents do indeed provide an incentive for innovation."

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