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Remember when the mainstream media kept track of all of Pres. Trump’s “lies”? Every day the list grew longer, eventually to monumental proportions. It’s too bad the media isn’t interested in the really juicy stuff, such as the lies that the Biden Administration is telling about the COVID vaccines and its betrayal of Big Pharma.
It turns out that the Biden administration and 100 other countries are prepared to rip off the COVID vaccine producers based on a list of lies. After the incredible efforts that Pfizer and Moderna made to produce the vaccines, through Operation Warp Speed, they are now being told they need to give up their intellectual property and patents to save the world.
So what is the government’s “reasoning” for these demands? Here are some of their explanations and the supporting lies that they are espousing:
“Waiving” the patents will allow low-income countries to produce the vaccine more quickly. This is untrue for multiple reasons. First, just “negotiating” the arrangements for producing the vaccine in third-world countries could take months or years. In addition, “waiving” is a misnomer; since they plan on the waiver lasting several years, the patents might as well be eliminated. Many of these countries don’t have the expertise to create labs to develop the vaccines, nor do they have access to raw materials; they might need years to come up to speed. Finally, US Trade Ambassador Katherine Tai made the following statement:
‘This is a global health crisis, and the extraordinary circumstances of the COVID-19 pandemic call for extraordinary measures,’ she wrote in a statement. ‘The administration believes strongly in intellectual property protections, but in service of ending this pandemic, supports the waiver of those protections for COVID-19 vaccines.’
She said the US would participate in negotiations at the World Trade Organization (WTO), but that this could take some time to resolve. (Italics are mine.)
Again, waiving the patents will do nothing to speed up production. Dozens of licensing agreements to produce the vaccine have already been negotiated with other manufacturers in low-income countries.
The true reasons for stealing Pharma intellectual property have become patently obvious. First, the vaccines were developed under President Trump, and although Biden has made several efforts to take credit for them, he has been unsuccessful; this is one more effort to marginalize Pres. Trump. Second, the vaccine production has created some positive press for the pharmaceutical industry; after years of being characterized as greedy and lacking compassion, this improvement in their reputations would be a step “backward” to their critics.
The intentions of the waiver advocates are obvious. Betrayal of Big Pharma will be seen as a victory for the little people. As the WSJ said:
The Administration’s WTO waiver will break patents and legal protections for vaccine makers. Investors will be less likely to fund new drug research if they think their own government will betray them under political pressure. Chalk up another damaging victory for the Congressional left.
‘It is absolutely wrong for drug companies like Pfizer and Moderna to profiteer, and for their executives to make egregious personal fortunes, off of Covid-19 vaccines that have been so heavily subsidized and supported by American taxpayers,’ said Eli Zupnick, a spokesman for Accountable.US, a progressive watchdog and patient advocacy group.
Pfizer responded to these comments:
In a statement last month, Pfizer said its Covid-19 vaccine development and manufacturing costs ‘have been entirely self-funded, with billions of dollars already invested at risk.’
‘The company will continue bearing all the costs of development and manufacturing in an effort to help find a solution to this pandemic as fast as possible,’ Pfizer said at the time.
No good deed goes unpunished.Published in