Monday, March 11, 2024 4:23:21 AM
I forwarded this message to Michael Lebby on February 21st. 2024:
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Hi Michael,
Hope you're fine ? What are your thoughts on this recent info about US GOVT targeting Private Enterprises ... ?
It looks to me that one has to be very careful in regards to any American CHIPS Act support.
It seems the Biden administration wants to use an old law to compel companies to share their inventions/patents if they've been funded with government money. This could affect many industries, not just medicines. Some people think it helps to lower drug prices, but others see it as an attack on private businesses.
https://www.armstrongeconomics.com/world-news/wef/us-govt-targets-private-enterprise-eminent-domain-private-property-and-patents-at-risk/
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ML's reply:
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Thank you for your observation. We are aware of this issue.
Michael
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