Nonprofit Watchdog Uncovers $350 Million in Secret Payments to Fauci, Collins, Others at NIH. Could This Explain NIH Placing Big Pharma Health Ahead Of Health Of Americans?
Posted by freedomforall 1 year, 10 months ago to Government
Excerpt:
"“When an NIH employee makes a discovery in their official capacity, the NIH owns the rights to any resulting patent. These patents are then licensed for commercial use to companies that could use them to bring products to market,” the fact sheet reads.
“Employees are listed as inventors on the patents and receive a share of the royalties obtained through any licensing, or ‘technology transfer,’ of their inventions. Essentially, taxpayer money funding NIH research benefits researchers employed by NIH because they are listed as patent inventors and therefore receive royalty payments from licensees.”"
"“When an NIH employee makes a discovery in their official capacity, the NIH owns the rights to any resulting patent. These patents are then licensed for commercial use to companies that could use them to bring products to market,” the fact sheet reads.
“Employees are listed as inventors on the patents and receive a share of the royalties obtained through any licensing, or ‘technology transfer,’ of their inventions. Essentially, taxpayer money funding NIH research benefits researchers employed by NIH because they are listed as patent inventors and therefore receive royalty payments from licensees.”"
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- 1Posted by $ 25n56il4 1 year, 10 months agoWell, aren't we glad these people benefitted so greatly by their employment using facilities paid for by tax dollars and then sucked up all those delicious tax dollars for their patents? I wonder if they have any feelings for people who died from some of their 'discoveries'.Mark as read | Best of... | Permalink|