DOJ seeks taxpayer-funded bailout for Moderna.

1 min read
Source: Fox News
DOJ seeks taxpayer-funded bailout for Moderna.
Photo: Fox News
TL;DR Summary

The Biden administration has inserted itself into a private patent infringement lawsuit against Moderna, arguing that the federal government should take on any liability for patent infringement Moderna may be guilty of related to the development of its COVID-19 vaccine. Moderna, which received about $10 billion in taxpayer money to produce its COVID-19 vaccine and has since earned billions more in profits selling it, was sued by Genevant Sciences and Arbutus Biopharma Corp. for using technology they have patented in its vaccine. The DOJ has attempted to argue that a government use patent statute provides the legal basis for taking on patent infringement liability.

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