It’s not “waiving.” It’s destroying a valid patent. The government does not have the right to retroactively change the rules for creators of intellectual property. This would destroy the patent. The patent IS protection for intellectual property. Its purpose is to assure the creator gets the benefit from his/her work.
Invalidating the patent is effectively transferring the right to one’s intellectual property to another person without compensation. This is theft. No one but the government dares pass laws that legalize stealing.
The American public is so stupid that it hears the word “waive” and it thinks that the government is doing something noble and wonderful.
See Post #8. I don’t have a strong feeling about it either way, but I would find it completely disingenuous for anyone in the pharmaceutical industry to pontificate about “property rights” while hiding behind government-imposed legal immunity protections that you and I don’t have.
“The patent IS protection for intellectual property. Its purpose is to assure the creator gets the benefit from his/her work.”
When the government pays, that enables the government to say, no IP protection on this one. IIRC, the US government dumped a substantial amount of money into this arena to get things moving, rather than the private pharmas having to front the costs.