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Here’s the backstory: Last year, the government gave Sanofi, which is one of the world’s largest vaccine makers, a $43 million grant. Another $130 million may follow as research continues. The Army also disclosed plans to award Sanofi an exclusive license to a pair of patents that are crucial to the vaccine.

But this move upset some lawmakers and patient advocates, who fear the deal will give the company  a monopoly to exploit — and might lead Sanofi to jack up prices for American consumers, assuming the virus spreads and vaccines actually become a big market.

The backdrop to such concerns is the larger controversy over the rising cost of prescription medicines, a problem that has upset many Americans, prompted a flurry of legislation, and put the pharmaceutical industry on the defensive.

… Read More

Image: By Muhammad Mahdi Karim – Own work, GFDL 1.2, https://commons.wikimedia.org/w/index.php?curid=9556152

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