Removing Patent Rights to Lower Drug Costs Is a Dangerous Precedent

This commentary was originally published in The Denver Post on April 6, 2022.

The Biden administration is considering a seismic policy shift that could stop companies from developing lifesaving drugs and other high-tech products—for any market application.

Bureaucrats are debating whether to take away patent rights on Xtandi, a prostate cancer drug, from its manufacturer. Activists have complained that the medicine’s price is too high. They argue that because the molecule behind the drug originated in a research lab that received federal funding, the government has the power under the Bayh-Dole Act of 1980 to “march in” and relicense the patent to other drug companies that could create cheaper versions.

That’s not only a misreading of the law—it’s a disastrous idea that could effectively destroy the legal foundation for the public-private research partnerships that bring new products to U.S. consumers.


Read the full article in The Denver Post


 

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Walter G. Copan
Senior Adviser (Non-resident), Renewing American Innovation