What about nationalising Pfizer?
Yeah, that would have been the proposal if Bernie Sanders had been elected.
In any event, maybe Angela Merkel can shut down this IP confiscation idea.
Let's focus on the cash flow ("follow the money") and remove the emotional element.
Big Pharma's research is done by universities funded by taxpayer's money. And then they buy a postbox (empty) company and pay no tax on profits using the 2nd generation Irish-Lux-Dutch sandwich construction. A riskless investment. Does not compute.
Lots of issues. First, commercialization of academic research is not that easy. It took Moderna 10 years to finally have a profit. Why do you begrudge them that profit? Second, universities are becoming increasingly corrupted by the left, even in the sciences. At the Univ. Of Calif, new hire applicants must first pass a political test before their academic qualifications are even considered. I want the best scientists to be able to leave to a viable -- and less political
-- commercial sector.
Healthcare in the US has lots of issues, but the pandemic has highlighted lots of good qualities, too: innovation, the ability to manufacture at scale, the ability to deliver logistically, a dense pharmacy network, etc. I don't trust a nationalized health care industry to deliver.