While Americans’ eyes and justified outrage are aimed at the Biden administration’s “not a bailout” bailout of failed banks, there’s an even larger bailout — and potentially a new scandal for Biden — his administration is pursuing.
Specifically, the Biden Department of Justice has inserted the federal government — and with it hardworking American taxpayers — into a patent infringement dispute alleging that Moderna stole intellectual property from smaller biotech companies and used it to create and produce its COVID-19 mRNA vaccine that’s since been administered more than 250 million times in the U.S. and sent the company’s revenue soaring.
According to the two small biotech companies alleging patent infringement — called Arbutus and Genevant — Moderna stole their vaccine delivery method that uses lipid nanoparticles (LNPs) to protect vaccine-introduced mRNA in the bloodstream and help ensure it reaches the intended target to become effective.
Moderna’s response to […]
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