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Is the US president allowed to withdraw patents from companies if he sees need?

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Muldoon · 56-60, M
It's being talked about by Biden and the WTO.
It might compromise the effectiveness of the vaccine.
No one is saying it can't be done but the patent owners want compensation.
scooogy · 31-35, MVIP
@Muldoon So be it 🤷‍♂️
dancingtongue · 80-89, M
@Muldoon @scooogy President probably has the right to join the international movement to waive recognition of other countries' patents related to COVID-19, which is what is being discussed. Waiving U.S. patents within the U.S. probably will require an act of Congress.
Muldoon · 56-60, M
@dancingtongue good point.