Bond villain attempts takeover of German Covid-19 vaccine maker for exclusivity

UNCjigga

Lifer
Dec 12, 2000
24,810
9,015
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Not Ernst Stavro Blofeld

Not Auric Goldfinger (though close!)

It's...Donald J. Trump!!!

As an American, I honestly appreciate this bold, audacious extension of "America First" to secure exclusive vaccine rights. But as a human being, this is pure unadulterated villainy by a despot.
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The Trump administration has offered a German medical company “large sums of money” for exclusive access to a Covid-19 vaccine, German media have reported. The German government is trying to fight off what it sees as an aggressive takeover bid by the US, the broadsheet Die Welt reports, citing German government circles.

The US president had offered the Tübingen-based biopharmaceutical company CureVac “large sums of money” to gain exclusive access to their work, wrote Die Welt. According to an anonymous source quoted in the newspaper, Trump was doing everything to secure a vaccine against the coronavirus for the US, “but for the US only”.
...
On 11 March, CureVac released a statement that its CEO, the US citizen Daniel Menichella, was unexpectedly leaving the firm and would be replaced by the company’s [German] founder, Ingmar Hoerr.

At the start of the month, Menichella was invited to the White House in Washington to discuss strategy for the rapid development and production of a coronavirus vaccine with Trump, the vice-president, Mike Pence, and members of the White House coronavirus task force.

The White House has been contacted for comment.
 

Hayabusa Rider

Admin Emeritus & Elite Member
Jan 26, 2000
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OK, the article is about Germany keeping the vaccine to itself.

IMO, Germany should legislate takeover prevention for emergency situations and medications at the very least and then allow licensing to other entities with Draconian provisions. It's easy to see that producing in the US at obscene markups will be had, so limit what can be charged. If there is a lawsuit against the license it automatically expires and a mandatory penalty with no legal relief allowed as part of the contract. Any penalties need to be overwhelming and crushing against those on the board so let the penalties fall on their personal wealth.

In all cases, the patent is not transferred nor shared.
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,681
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OK, the article is about Germany keeping the vaccine to itself.

IMO, Germany should legislate takeover prevention for emergency situations and medications at the very least and then allow licensing to other entities with Draconian provisions. It's easy to see that producing in the US at obscene markups will be had, so limit what can be charged. If there is a lawsuit against the license it automatically expires and a mandatory penalty with no legal relief allowed as part of the contract. Any penalties need to be overwhelming and crushing against those on the board so let the penalties fall on their personal wealth.

In all cases, the patent is not transferred nor shared.

Fantasy, huh?
 

ecogen

Golden Member
Dec 24, 2016
1,217
1,288
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OK, the article is about Germany keeping the vaccine to itself.

IMO, Germany should legislate takeover prevention for emergency situations and medications at the very least and then allow licensing to other entities with Draconian provisions. It's easy to see that producing in the US at obscene markups will be had, so limit what can be charged. If there is a lawsuit against the license it automatically expires and a mandatory penalty with no legal relief allowed as part of the contract. Any penalties need to be overwhelming and crushing against those on the board so let the penalties fall on their personal wealth.

In all cases, the patent is not transferred nor shared.

IIRC there's something like that in place in German law, if required they can forcibly nationalize a company.
 

Hayabusa Rider

Admin Emeritus & Elite Member
Jan 26, 2000
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Fantasy, huh?

Like the fantasy that the Dems put forward a good package? Seems like we shouldn't let the adequate stand in the way of unacceptable. Nice.

We're talking another nation, not your Trumpland.
 

Commodus

Diamond Member
Oct 9, 2004
9,210
6,809
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Can someone state a plausible reason to have exclusive rights to a vaccine that is not evil? None are apparent to me.

The short answer is that Trump wanted to treat the US like a company securing an exclusive for its 'customers.' He was genuinely willing to screw the rest of the planet, to let thousands of people die, just so that he could say the US had a vaccine that others didn't.

The kicker is that German health authorities and CureVac have effectively confirmed the story, so Trump can't even wave this off as a rumor (not that it will stop him from trying).
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,681
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Like the fantasy that the Dems put forward a good package? Seems like we shouldn't let the adequate stand in the way of unacceptable. Nice.

We're talking another nation, not your Trumpland.

Emergency duhversion procedures so soon?
 

Commodus

Diamond Member
Oct 9, 2004
9,210
6,809
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I gave the facts of the matter. You decide to emulate Trumpettes as usual. Good going /s

BTW, that means you posted stupid.

Not to be too pedantic, but you made it sound as if Germany wanted to hoard a vaccine as an exclusive -- that's not what the piece said, from what I see. It's more that the German government wanted to be sure the vaccine was available in Germany, which wouldn't have been an option if Trump had his way.
 

Hayabusa Rider

Admin Emeritus & Elite Member
Jan 26, 2000
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Not to be too pedantic, but you made it sound as if Germany wanted to hoard a vaccine as an exclusive -- that's not what the piece said, from what I see. It's more that the German government wanted to be sure the vaccine was available in Germany, which wouldn't have been an option if Trump had his way.

Germany wanted to keep this company domestic. They don't want this valuable health asset bought so it is in the German national self-interest they do so. There was nothing in the article or my post which should have been taking as "hoarding", a Trumpnation attitude and I believe I said as much.

As you say, making sure Germany has an unmanipulated supply and producer is sound. I merely proposed how this company could supply know-how that would be beneficial to the company and Germany without selling the whole cow, so to speak. This was a simple case of a barely next level thought.

In short, licensing to others with severe restrictions isn't logically consistent with hoarding as allowing production OUTSIDE of Germany is not in any way equal to "hoarding" nor making the German people have access. Hopefully, that clarifies my thoughts somewhat.
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,681
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Germany wanted to keep this company domestic. They don't want this valuable health asset bought so it is in the German national self-interest they do so. There was nothing in the article or my post which should have been taking as "hoarding", a Trumpnation attitude and I believe I said as much.

As you say, making sure Germany has an unmanipulated supply and producer is sound. I merely proposed how this company could supply know-how that would be beneficial to the company and Germany without selling the whole cow, so to speak. This was a simple case of a barely next level thought.

In short, licensing to others with severe restrictions isn't logically consistent with hoarding as allowing production OUTSIDE of Germany is not in any way equal to "hoarding" nor making the German people have access. Hopefully, that clarifies my thoughts somewhat.

Who said the Germans would impose severe restrictions, other than you? The Trump admin would likely be another story, given that they love geopolitical bludgeons. Fucking them Iranians, Venezuelans, Cubans & anybody else they want is their game entirely. Now, continue the lame attempt to paint me as a Trumpster & discredit yourself entirely in the process.
 

Hayabusa Rider

Admin Emeritus & Elite Member
Jan 26, 2000
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Who said the Germans would impose severe restrictions, other than you? The Trump admin would likely be another story, given that they love geopolitical bludgeons. Fucking them Iranians, Venezuelans, Cubans & anybody else they want is their game entirely. Now, continue the lame attempt to paint me as a Trumpster & discredit yourself entirely in the process.


Jeebus on bike, the most elementary things are beyond your grasp. The friggin Germans SHOULD have restrictions so the US and they aren't fucked over by Trump and US Big Pharma.

It's like arguing with Trump supporters in terms of inability to reason. You have no useful input, demonstrate no understanding of subject matter, but you pound the table and yell a lot about things that you won't or can't begin to consider.

I realize that credibility or respect for oneself is a cheap commodity, valueless for some, but at least try to fake it.
 

WelshBloke

Lifer
Jan 12, 2005
30,427
8,093
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Can someone state a plausible reason to have exclusive rights to a vaccine that is not evil? None are apparent to me.
Because capitalism. Your views on capitalism shall be your own but that would be the reason to have exclusive rights to a valuable comodity.
 

Hayabusa Rider

Admin Emeritus & Elite Member
Jan 26, 2000
50,879
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Because capitalism. Your views on capitalism shall be your own but that would be the reason to have exclusive rights to a valuable comodity.

The development paradigm inherently requires this. Costs have to be recouped so traditionally a period on sole ownership is given. Unfortunately past social contracts have been discarded for profit.

To put it another way, how many hundred of millions or billions can you afford to lose every time you were to make a vaccine?
 

Hayabusa Rider

Admin Emeritus & Elite Member
Jan 26, 2000
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Depends. Are we finding this under a capitalist system or not?

If it's not government funded then it is pretty much capitalist. Unless the company is wholly funded by outside sources with no assets or income committed, then the company is on the hook. If the reverse is true then we're dealing with a socialist situation.

The question asked originally was of a reason for exclusive rights and that is what I was referring to.
 

Ajay

Lifer
Jan 8, 2001
15,429
7,849
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Depends. Are we finding this under a capitalist system or not?
Well, the US gov't can fund this by giving more money to the NIH; who in turn, work with their own researchers, push some money to university researchers and that of other Pharma companies as well. Then the first Pharma company to 'Win', is able to sell it at a profit. That's the kind of 'capitalist' system we often use. Funny, huh?
 
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