Fact Check: IP Protections Power the U.S. Innovation Economy. MFN Would Undermine this System.
In recent months, federal policymakers have renewed calls for “Most-Favored-Nation” (MFN) drug pricing, which would tie the price of medicines in the United States to the lowest prices paid in similarly wealthy foreign countries. The policy is well-meaning and directed at a real problem: foreign countries free-ride off of American-supported innovation by implementing policies that