Re:Moderna waiving Intellectual Property rights for the rema...
by joosters on Monday April 26, 2021 @07:57AM
(#26941568)
upon request we are also willing to license our intellectual property for COVID-19 vaccines to others
How is that different from what they would be doing normally? Companies generally like to license their IP, it brings in lots of cash for little (extra) effort. Note that they don't claim to be offering reduced license fees in this part of their statement!
Re:Moderna waiving Intellectual Property rights for the rema...
by Kalium on Monday April 26, 2021 @07:58AM
(#26941587)
Companies like Moderna that are currently using IP are not always willing to license it. Sometimes they prefer to keep it in-house and reserved for their own use.
Re:Moderna waiving Intellectual Property rights for the rema...
by ethbr0 on Monday April 26, 2021 @08:13AM
(#26941688)
Especially given not all of the world has a tradition of caring about foreign IP enforcement. Say, post-pandemic and when you'd like to use Moderna's methods for other drugs.
Which, say what you want about IP law, but pharma objectively has the best claim to it -- if we want new drugs and safety, exclusivity periods and sole ownership of IP are the only way to balance the massive initial financial outlay. (Without funding it directly from government)
This is great! Moderna shows the world that you can be innovative and charitable while still running a for-profit business.