Make the McKenzie Connection!
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President Biden wants to lower drug prices. While that is a laudable goal, we can’t afford to undermine the intellectual property rights that helped produce these innovative drugs in the first place. A recent proposal would do just that, and it’s not limited to drugs. The proposed policy change would reinterpret a 1980 law that ushered in a new era of American innovation and collaboration between the public and private sectors. But if this proposed policy change is finalized, it will cause a wide swathe of our high-tech sector to stall out...