KAMALA HARRIS: “For any drug fail to play by our rules, I will snatch their patent so we take over"

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“For any drug where they fail to play by our rules, and if that drug came about because of federal funding for what’s called ‘R and D,’ research and development, I will snatch their patent so that we will take over. Yes we can do that. The question is, Do you have the will to do it? I have the will to do it."
- Kamala Harris Iowa 11-22-2019
full event video here: www.c-span.org...

[@richconboy6896]

This was 4 years ago.....remember when she was at 1% in the polls and dropped out before the primaries even started? This kind of insanity is why.

[@montrelouisebohon-harris7023]

Because she’s a radical communist!!!! The thing is that they use this money for medical research and medication research that is taxpayer money, and it doesn’t belong to the government

[@carolinhixon612]

Insanity is letting drug companies use federal funds to pay for a drug's research and development, getting a U.S. patent on the drug they develop so that no generic version can be marketed by a competitor, and then charging the consumer an exorbitant price for the drug while unethically using the cost of R & D as their excuse for the pricing. "The pharmaceutical industry spent $83 billion on R&D in 2019, according to the Congressional Budget Office. Companies are estimated to spend somewhere between $1 billion and $3 billion on average to bring a single new product to market. In 2019, the U.S. drug market generated more than $490 billion in revenue, accounting for almost half of the global pharmaceutical market, according to the database company, Statista. Americans spend more on prescription drugs per capita than citizens in any other country. In 2019, that worked out to more than $1,200 per person. A 2021 Rand Corporation study found U.S. drug prices were 2.56 times higher than those in 32 comparable countries. A Kaiser Family Foundation Health Tracking Poll published earlier this year found that eight in 10 adults said the cost of prescribed medications was unreasonable." from UC San Diego

[@AgentGordonCole]

​@@carolinhixon612you're right that is insanity

[@ODColon]

She says now, that her values have not changed, either.

[@joshuabeckstead7914]

Holy crap she is insane

[@jvp863]

Holy crap!! She’s a communist!!

[@StevenVWms]

Insane? Wow! Did you hear her say that we the tax payers footed some parts of the drug for research and development? This means essentially we helped it get to the market. That also means we own a part of that drug and are paying a higher price then we should just to enrich those fat executive paychecks. You're good with that?! If Trump had said that you would be calling him a real boss and loving everything about it.

[@StevenVWms]

Did you hear her say that we the tax payers footed some parts of the drug for research and development? This means essentially we helped it get to the market. That also means we own a part of that drug and are paying a higher price then we should just to enrich those fat executive paychecks. You're good with that?! If Trump had said that you would be calling him a real boss and loving everything about it.

[@billeger5565]

⁠The companies still own the patents and the government’s name isn’t listed as the patent recipient.

[@StevenVWms]

@@billeger5565 You make a point. So something is not understood either by the VP, or how that would work. Otherwise, that would be a reason it could not happen.

[@jemi3822]

It's funny how crazy people are.... complain about Big pharma but also defend big pharma 😂😂😂😂

[@mrcloseencounters]

Big Pharma is just the start!

[@MAD4366]

I don't think they understand what she was saying; snatch the patents so the pharmaceutical companies CANNOT charge exorbitant prices for new medications until the patents expire. I have no idea if that is possible, but she said it was, and she was a state Attorney General.

[@sjsuismylife]

Spoken like a fucking totalitarian.

[@MsTC867]

I tell you what all your people that think like this you pay high prices for the medication’s, but real American citizens that want fairness and medication prices will stay bye-bye

[@texaswolf110]

Thanks for clarifing that you don’t know what Totalitarianism is. Project 2025 is an example of it. She clearly said companies who use tax payer money. in other words, companies who enter into a contract with the government and then violate that contract. If they do the patent gets released to the free market for any company to make. Not far off the gov blocking major corporations from merging if it would form a monopoly.

[@happymtdude539]

​@@MsTC867 "Stay Bye Bye" and good riddance

[@kimberlythorn8982]

Please do stay bye bye lol what a clown..​@@MsTC867

[@AgentGordonCole]

​@@MsTC867Stay bye-bye 😂

[@thesisypheanjournal1271]

There is just so much horrible stuff to unpack in this. Why doesn’t she tackle the fact that taxpayers are funding R and D for pharmaceutical companies? Why doesn’t she say that she’s no longer going to allow the federal government to mandate that we buy specific drugs that they decide are good for us? Why doesn’t she call for transparency in pricing for not just drugs but all medical care? Why doesn’t she discuss the unholy relationship between the pharmaceutical companies and the regulators? It was government meddling that created this hot mess in the first place. Now she’s promising to fix it with more government meddling. To the point where she’s willing to set a precedent that the United States government can seize patents.

[@MsTC867]

@@thesisypheanjournal1271 she is going to work on all that.

[@Imarida2]

It's fine that tax money helps develop cures. We just shouldn't have to pay twice. Let the rest of the world pay for drugs that we find.

[@Imarida2]

At least Biden was able to negotiate a dozen drug prices. Trump said he would fix our medical system. Then the moron says "who knew it was so complicated" he said he would negotiate Medicare drug prices. Then he got a visit from some pharma lobbyists and forgot all about negotiations. I'll take a step in the right direction over nothing.

[@redeklerzeig6546]

Drug companies that let the government bankroll their R&D should be giving us their medications for free. We already paid for it once. If a company took no federal help, let them charge whatever they want.

[@montrelouisebohon-harris7023]

Exactly!!!

[@Whydoyoubanothers]

What if it was a combo of financial sources?

[@Whydoyoubanothers]

Most R&D comes from the private sector.

[@redeklerzeig6546]

@@Whydoyoubanothers i’m no plumber, but all federal subsidies should be tallied up and exempted from the price that consumers have to pay. Maybe I’m wrong 🤷‍♂️ but double dipping doesn’t seem fair

[@vg23air]

the vast majority of these FED dollars were for drug research for ailments you never heard of that effect a tiny percentage of people and are largely ethnic non white diseases, so if you want drug companies to abandon this type of research with low user counts and flip back to how to restore hair or erections, leaving minorities suffering from things like sickle cell, then vote for harris

[@lionessathena8679]

True fascism

[@MsTC867]

I guess you like to pay high prices for medication she needs to do this because they’re getting out of hand. They’re charging Americans more than the Germans or Canadians or any other countries paying for the same medication da

[@texaswolf110]

No. she clearly said companies that are using federal money (our tax dollars) for research and development have to play by government rules and not price gouge the tax payers who paud for its development. It's the same as the government stopping monopolies to keep a free market and not have a monopoly market which is where we are already headed as the big corporations merge and give us less choices.

[@davyjackson3724]

She won? I lost my job because I refused a second “treatment” after I almost had a heart attack due to it. On the otherhand it sounds like a strong motivation for companies to invest in new technologies when it can be “snatched”

[@bkw8290]

Sorry to hear this. I watched very very athletic coworkers almost die in my profession as a first responder. One, 38, had 3 heart attacks after his booster...no longer working with us. The other clots almost killed him after both jabs. Now I witness amongst my work group the jabbed repeatedly getting what the jab was supposed to prevent, while I haven't tested positive one time and worked day in and day out around people with "it"... because my belief is that I had it early on so didn't need the stick.

[@JonathanKessenich]

Sounds like a dictator

[@StevenVWms]

Did you hear her say that we the tax payers footed some parts of the drug for research and development? This means essentially we helped it get to the market. That also means we own a part of that drug and are paying a higher price then we should just to enrich those fat executive paychecks. You're good with that?! If Trump had said that you would be calling him a real boss and loving everything about it.

[@rustyhighlander786]

@@StevenVWms The problem with your theory is that Trump would never say something so fricking communist in a million years.

[@texaswolf110]

Learn what Monopoly Capitalism vs Free Market capitalism before saying this and then complaining about high prices.

[@johnthibodeaux5189]

Well if they would stop spending million dollars making commercials maybe the prices wouldn’t be so high

[@wkj-dk8wv]

I just looked up some of the information. In no situation does the government provide FULL funding for R&D. There are grants and loans but no full funding. So if a company accepts ANY amount of grant money or takes a loan to help with R&D, what percentage of the funding must it be in order for the government to be able to take the patent?

[@cameronblackwell2611]

First the companies developing the drugs will disappear…and then the new drugs you love so much.

[@IamGodSon]

The companies got the drug through govt funded research. If they leave they will be immediately replaced.

[@jemi3822]

Capitalism

[@texaswolf110]

the comaony that used federal funding will disappear and the patent will be released to several other companies to create the drug and compete on the free market. You know, how free market capitalism should be. Unless you prefer Monopoly Capitalism and not haveing competition to choose from while paying premium prices.

[@moononsaturn]

This 2019 video taken from CSPAN from a campaign event in Iowa featured Kamala Harris arguing for the government setting a “fair market.” Companies that don’t comply, she said, would be stripped of their patents if the drug company received any federal funding. “For any drug where they fail to play by our rules, and if that drug came about from federal funding for what’s called ‘R and D,’ research and development, I will snatch their patent so that we will take over,” she said. “Yes we can do that! The question is, do you have the will to." Harris argued in 2019 that a “fair market” price for drugs would be determined by the government based on an average of the cost worldwide. “We are going to set drug prices based on fair market,” she said. “So, essentially what we’re going to do - and you can visit the website if you will, and if not, get you some documents - but essentially what we’re going to do is set drug prices so that American consumers are charged a price for drugs that’s the average price that’s being charged around the globe.” Notes: ✔️A new study showed that taxpayers have been footing the bill for every new drug approved between 2010 and 2019. The increase in pharmaceutical sales has also generated enormous profits for the pharmaceutical industry. Another study, recently showed that from 2000 to 2018, 35 large pharmaceutical companies had cumulative revenue of $11.5 trillion and net income (earnings) of $1.9 trillion. Moreover, that study also showed that large pharmaceutical companies had median net income margins of 13.8%, significantly greater than those of other large corporations in the S&P 500 (7.7%) and similar to those of other research-driven companies. (What is S&P 500? The Standard & Poor’s 500 index - The index contains about 500 of the largest publicly traded companies in the U.S., making it a bellwether for stocks. It includes stocks across all 11 sectors of the economy representing about 80 percent of the total value of all stocks trading in the U.S. markets.) ✔️U.S. markets are subject to less price regulation than are the markets in many other countries. Drug companies can mostly set their own prices, although some federal agencies purchase drugs at prices subject to a statutory cap, impose statutory limits on how quickly a manufacturer can raise its prices, or receive rebates from manufacturers that are specified in statute. ✔️A super long sometimes boring & complicated read!: www.cbo.gov/publication/57126 "Finally, the patent system and certain statutory provisions that delay FDA approval of generic drugs provide pharmaceutical companies with a period of market exclusivity, when competition is legally restricted. During that time, they can maintain higher prices on a patented product than they otherwise could, which makes new drugs more profitable and thereby increases drug companies’ incentives to invest in R&D." About the H.R.3 mentioned in article: Elijah E. Cummings Lower Drug Costs Now Act passed in House Dec 2019. R-Nay 192; D-Yay 230. Received in Senate 12/16/19..Sat there - Republicans controlled the Senate. The bill passed on the House Floor in December 2019 and later served as the blueprint for the drug pricing provisions included in the Inflation Reduction Act. www.govtrack.us/congress/bills/117/hr3/details ✔️"Contrary to industry claims that March-In authority was not envisioned to address price gouging, the >Congressional Record< leading up to the passage of the Bayh-Dole Act reflected the understanding that March-In Rights were necessary to foster market competition and combat unreasonable profiteering on taxpayer-funded inventions.": www.citizen.org/article/expanding-access-and-affordability-to-taxpayer-funded-drugs-the-use-of-march-in-rights/

[@ellaminnowpea95]

So, essentially, you're saying that it's OK to smatch those patents because the drug companies received federal funding for development. See, here is your classic problem-reaction-solution game. It why the federal government grants funding to anything: For control. The solution is not to fix one problem (corporate corruption and profiteering) with another problem (allowing the government to engage in price fixing and giving the government more control over the economy and our lives). Instead, end government funding. The government had no business giving our tax dollars to private companies in the first place. They don't have any business funding our school systems, etc., etc. Government funding is the poison that corrupts every situation. Now every enterprise, no longer free, only jumps through hoops to get federal funding instead of seeking to satisfy free market demand. We have not had a capitalist free market for a VERY long time.

[@erikpenabella599]

This is her saying in a round about way that if the government ever helped you with anything, you will owe them everything.

[@ArmandoMartinez-nf9ir]

No she's saying if you shake down & exploit people with exhorbitant prices, the government will step in & do something about it.

[@Soubifloof]

@@ArmandoMartinez-nf9ir roundabout way of saying only the government should be allowed to fuck over people with yet more power to do so...?

[@t.sheets2798]

​@ArmandoMartinez-nf9ir they only shake down consumers because the government paves the way for them. This is the same government, one of only two in the world, that allows the drug companies to market drugs directly to you via a commercial advertisement. The US government under Kamala will not end for profit drugs, just like Obamacare didn't. It just makes the government richer too, at your expense.

[@DP-sq6ej]

@@ArmandoMartinez-nf9irwhat happens when the government does the same things to American citizens? Oversteps their authority? Raise taxes unfairly? Make mandates that are unconstitutional? Or is it ok if they do it because it’s the same people you elected and wanted? Bottom line is if they don’t agree with you then they will regulate you but if you don’t agree with them the answer is , tough. Kind of like Castro and Stalin rulings, oh but that’s ok because you like them.

[@montrelouisebohon-harris7023]

Exactly and it’s communist, except that the people who pay for the making or invention of this drug are the taxpayers and not the government. That’s why I think most of our administrative agencies can just be abolished

[@istandcorrrected2661]

It sounds logical, but is it practical? Why would a company take money from the government to develop a drug, when the government will take it from them? Perhaps, those companies that take grants should reimburse the government for the money they received.

[@lilmxnclr]

stealing patents is a national security crime.

[@rcworks9762]

Thanks for another reason to vote Trump.

[@StevenVWms]

Did you hear her say that we the tax payers footed some parts of the drug for research and development? This means essentially we helped it get to the market. That also means we own a part of that drug and are paying a higher price then we should just to enrich those fat executive paychecks. You're good with that?! If Trump had said that you would be calling him a real boss and loving everything about it.

[@rudog427]

Why? Because you want the drug makers and big pharma to gouge you?

[@nathan-i-el_messario]

I agree with her ,I just don't believe her , the medicines should be given to those who need them for free. And yes if you need life saving procedures you should be given them without having to worry about money. This is a good idea,,, however they ain't gonna do it..the doctors dedicate their lives to being able to drive Ferrari and divorce their wives for women half her age ,,...I mean they all dedicate their life's to the hyopcratical oath , so they will work and guve it their all ,,unless you're over weight then yiu shoukd just lose weight , and take the drugs, or they'll cut whatever it is out ...certainly not teach you medicinal nutrition. ....but yeah she's coked out of her mind in the video

[@MsTC867]

What’s the reason to vote for man that doesn’t care about America DA … he is got tthe rich and corporations he don’t give a crap about you and your mobile home.

[@MsTC867]

@@rcworks9762 there’s never a reason to vote for that disgusting pig he let Americans die just so he and rich friends can move stock around when he found out in February. We could’ve protected our family and our loved ones but no that pig wanted to line his pockets instead.

[@mcclurep77]

Absolutely chilling .

[@Roaggie]

Funny how she says she'll snatch drug patents when the drug companies own her.

[@travisanddanag.1235]

That's communism 101

[@kennonvest8623]

Wow! 😢 not just set prices but take a companies patent.

[@ruthrudnik3214]

Wouldnt companies just stop selling overseas or raise their prices over seas instead of discounting for poor countries? I dont support price gouging but this administration has shown that they dont always think through the consequences of their actions.

[@montrelouisebohon-harris7023]

Yes!! OUR Taxpayer dollars which isn’t federal funding, technically but it’s just federal government giving our money to somebody else and you mistreating them etc. etc. when we wouldn’t do that

[@TurkeyMaze]

Average price doesn't mean cheap. Some country might charge nothing while another changes a ton.

[@MiraHopes]

Considering that Americans spend more (per person) on prescription drugs than any other country, I think it's a safe bet that we're the ones getting charged a ton. In 2022 we spent $1,432 per person. The next closest country was Germany at $1,042 per person. That's a hefty gap.

[@isaiahrodriguez2208]

Notice how she stepped out of the light and into the darkness.

[@janwitek4817]

Does she realize that drugs in other countries are more expensive or not available or heavily subsidized by government?

[@bruhdeboy5400]

The cocaine might’ve been hers tbh

[@alideees]

Fr with all that sniffling it kinda makes you wonder.

[@texaswolf110]

Which means you were not comprehending or understanding.

[@ronbowman9387]

That won't be all she tries to "snatch".

[@isaiahrodriguez2208]

Funny. Whenever I see kamala I always hear "FETCH ME THEIR SOULS!" before she appears

[@toolwithintention]

She wants to be a criminal is what she is saying

[@jerryj3158]

Could I move my R&D off shore and do my patents in another country - then use the International Agreements in place to apply in the 153 countries that already allow foreign patents -seems like her ideas are so easy to navigate around for the ultrarich and companies - it is just vote pandering - she never solves an issue she just talks crazy. I would bet on the corporate/untrarich lawyers over government lawyers.

[@imacinder]

Because I trust the government.... lol

[@danciacox3408]

Whhhhhaatttttt 😮

[@alideees]

I appreciate the context since all that’s being shared around the internet is the last ten seconds. She’s still a nutcase tho.

[@pkjohnston]

And this is how you do communism. Kommie.

[@texaswolf110]

No. No it's not. But thanks for showing your lack of education and how the echo chamber spreads that lack of education. I suggest you research Monopoly Capitalism, Free market Capitalism, government contracts to receive money and breaching of the contracts.

[@PowerandLuxury]

Are you happy with a current prices?

[@RobertG-gn5pn]

Tell them to give me my money

[@863NightOwl]

Liar

[@karich21]

Comala Harris.

[@chev8494]

Like uh remdesivir ? 😂😢🎉

[@IamGodSon]

She is right though.

[@TurkeyMaze]

Honestly, I can't argue with it - but it's hardly a unique idea.

[@pbowns]

What is she right about?

[@TurkeyMaze]

@@pbowns forcing drug companies to charge fair prices, i guess. But there's nothing to say this isnt happening already.

[@1111pamo]

What is she right about? Why would pharm invest in new drugs if the feds price set or take their patent? They will only produce drugs that make them a profit and stop R&D and investing in high cost drugs. Price controls are nothing new. Countries have tried and failed many times because it will always cause shortages in the product being controlled. The feds shouldn't be investing to begin with since they also approve the drugs. It's a conflict of interest. Set a time for the patent to expire, and then generics will compete. That's how prices come down.

[@QuangLe-nm7ck]

I am not a Kamala supporter, but I totally agree with her here.