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Washington, D.C. — U.S. Senators Marco Rubio (R-FL) and Marsha Blackburn (R-TN) introduced the No Free TRIPS Act. The bill would prevent the Biden Administration from interfering with the intellectual property rights of vaccine manufacturers through Trade-Related Aspects of Intellectual Property Rights (TRIPS) waivers.
“American companies worked at lightning speed to develop safe and effective COVID-19 vaccines,” Rubio said. “A TRIPS waiver would strip incentives for American drug manufacturers to step up when we need them to. This bill would protect the intellectual property of American companies and ensure that neither the Chinese Communist Party nor the Kremlin can claim American vaccines as their own.”
“President Trump’s Operation Warp Speed proved the life-saving capabilities of the private sector, but for some reason the Democrats are on a mission to stop this innovation in its tracks,” Blackburn said. “I am leading the charge to stop Joe Biden’s plan to waive the intellectual property rights of vaccine manufacturers. Without the power of free market innovation, we will lose any chance we have at successfully managing another global public health crisis.”
Senators Thom Tillis (R-NC), Tommy Tuberville (R-AL), Kevin Cramer (R-ND), Bill Hagerty (R-TN), Cynthia Lummis (R-WY), and Mike Lee (R-UT) are also original cosponsors.
Specifically, the No Free TRIPS Act would: