Friday, May 7, 2021

CAN BIDEN'S IDEAS GET ANY DUMBER? Biden Offers Vaccines Developed by Trump as Free Gift to China; Moderna, Pfizer Stocks Keep Dropping After Biden Backs Sharing Coronavirus Vaccine Patent

Biden Offers Vaccines Developed by Trump as Free Gift to China:
Now they won't even have to hack anything. Beijing Biden's gonna give it away to them.
The Department of Justice on Tuesday accused two Chinese nationals, who it said were working on behalf of the Chinese government, of stealing trade secrets and hacking into computer systems of firms working on the Covid-19 vaccine.

According to the 11-count indictment, Li Xiaoyu, 34, and Dong Jiazhi, 33, conducted a global hacking campaign for more than a decade. The indictment alleges that the defendants were able to successfully steal terabytes of data from the United States as well as Australia, Belgium, Germany, Japan, Lithuania, the Netherlands, Spain, South Korea, Sweden and the United Kingdom.
Now the hacks are coming from the inside.
Biden's sales pitch was that he would somehow be better at deploying the vaccines than President Trump's administration which pulled off the rapid development of the vaccines. He never explained how or why he would do this. Now he's nuking the entire development process by backing a patent waiver for coronavirus vaccines in order to help third-world countries. --->READ MORE HERE
 Matt Stone/ MediaNews Group/Boston Herald
Moderna, Pfizer stocks keep dropping after Biden backs sharing coronavirus vaccine patent:
Vaccine stocks continue to drop after the Biden administration backed waiving intellectual property rules on the shots, but Moderna’s CEO is trying to stop the bleeding, saying the breakthrough formula is nearly impossible to copy.
“I believe it doesn’t change anything for Moderna. As I said, you know, we had said last October that we will not enforce our COVID-19-related patents during the pandemic,” Cambridge-based Moderna CEO Stephane Bancel said in a Thursday earnings call.
“There is no mRNA manufacturing capacity in the world,” he said. “This is a new technology, you cannot go hire people who know how to make mRNA, those people don’t exist.”
Bancel said even if someone did set out to make mRNA products, it’s not something that can simply be done overnight with the machinery, technology and clinical trials needed. --->READ MORE HERE

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