Rep. Jan Schakowsky (D-IL) and several senior House lawmakers recently announced a plan to impose price controls and seize patents on any COVID-19 vaccines and treatments in development. They vowed to strike down any emergency stimulus packages excluding such measures.
Those efforts aren’t just misguided — they pose a threat to the health of Americans. If lawmakers succeed, they would dismantle the innovation ecosystem that has enabled U.S. pharmaceutical firms to move with remarkable speed to develop COVID-19 vaccines and treatments.
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