Biden Wants to Seize Patents of Pricey Drugs and Use Government to Make Them Cheaper

The Biden administration has proposed a new rule that would let the government seize the patents of expensive drugs developed with federal funding.
Biden Wants to Seize Patents of Pricey Drugs and Use Government to Make Them Cheaper
President Joe Biden speaks at a press conference in Ottawa, Canada, on March 24, 2023. Andrej Ivanov/AFP/Getty Images
Tom Ozimek
Updated:
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The Biden administration has proposed a new rule that would allow federal authorities to seize the patents of costly drugs that were developed using taxpayer dollars and to let third parties use those patents to make the drugs available more cheaply.

The National Institute of Standards and Technology (NIST), an agency of the U.S. Department of Commerce, on Dec. 7 published a set of draft guidelines for government agencies to evaluate when it might be appropriate to invoke what are known as “march-in” rights under the legal framework of the Bayh-Dole Act.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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