Most recently, the National Institutes of Health refused to do so with the prostate cancer drug Xtandi. Elizabeth Warren of Massachusetts and Amy Klobuchar of Minnesota, lobbying the Health and Human Services Department to seize the patents of certain pricey drugs. “This would be yet another loss for American patients who rely on public-private sector collaboration to advance new treatments and cures,” said Megan Van Etten, a spokesperson for the Pharmaceutical Research and Manufacturers of America, or PhRMA.ĭebate has for years swirled around how the government might employ “march-in rights,” with a few Democratic lawmakers, including Sens. The pharmaceutical lobby immediately pushed back on Biden’s announcement, arguing the White House’s interpretation of the law is inaccurate and their plan will stifle drug research and development. “I wouldn’t want anyone to take my product away from me.” “If I was a drug company that was trying to license a product that had benefited heavily from taxpayer money, I’d be very careful about how to price that product,” Luo said. While only a minority of drugs on the market relied so heavily on taxpayer dollars, the threat of a government “march-in” on patents will make many pharmaceutical companies think twice, said Jing Luo, a professor of medicine at University of Pittsburgh. taxpayers spent billions on the effort and were able, until recently, to access treatments and preventions for the virus without paying out-of-pocket for them. He did, however, have a strong understanding of how to get things done within the Chinese government, and he was a proficient implementer of Xi's policies, according to Shih.Pharmaceutical companies have long relied on government research to develop drugs, with the most recent major breakthrough being the COVID-19 vaccines and treatments. In office, Li tried to lower taxes and cut bureaucratic red tape, with mixed success. In it, he said the government was "opting for a lighter, more balanced touch while engaging the market." And he said the state was opening new sectors of the economy and taking steps to make doing business in China easier. In January 2017, Li penned an article published by Bloomberg. "Events derailed some of his agenda in the past 10 years, but his thinking is still very much relevant today," Hofman, who met Li when he was working in Liaoning province, tweeted on X (formerly known as Twitter). Li sought to make China's economy more innovative and productivity driven. The role traditionally entails broad oversight of the economy and cabinet, but over the years Li was all but sidelined, as Xi put himself in charge of nearly all aspects of policymaking.īert Hofman, director of the East Asian Institute at National University of Singapore, said in a tweet Li was committed to development, intellectually curious, and had a sophisticated understanding of the Chinese economy. Li was groomed for bigger things and his affiliation with the Youth League is considered by many to have been a key part of his rise.Īsia Hopes, Fears Surround China's Transition Of Powerįive years later, Li was named No.2 in the party hierarchy and became premier. There, he rubbed shoulders with student democracy activists - but unlike them, he instead chose to join the Communist Party.Īfter graduating, Li spent several years working in the Communist Youth League - an organization that cultivates young party members and doubles as a patronage network within China's arcane political system. He was among the first class of students to attend college after universities re-opened following the Cultural Revolution, studying law and later economics at prestigious Peking University. Li was born in Anhui province and came of age in the aftermath of the political upheaval of the 1960s and 1970s. Influential party elders also hand-picked promising technocrats for promotions Shih says Li Keqiang was one of them. Unwritten paths to promotion formed and rough retirement ages were implemented. Book Reviews 'Red Memory' aims to profile people shaped by China's Cultural RevolutionĪfter Mao Zedong died in 1976, party leaders, shaken by his destructive Cultural Revolution, developed rules and norms to try to prevent a repeat and keep any one official from gaining too much power or ruling indefinitely.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |