The TRIPS agreement is actually from the Clinton Administration. And Biden cant just wave a want and be rid of it. As its part of a treaty.
See “Fire in the Blood” the film. Bill Clinton speaks about the AIDS crisis and drugs. And patents. Its on Netflix.
That policy is a huge part of why the US is in the WTO, those huge profits. In exchange we trade away many concessions, including market access for foreign firms in services, a huge part of any modern economy. We’re basically using these deals to privatize almost everything., which will eventually - its supposed to - possibly translate into losses of lots, perhaps ultimately even tens of millions, of our low profit, high wage jobs, (its supposed to, upon completion of the “single undertaking”.) An unlimited number, to qualified firms. See Inside US Trade for March 10, 2016.
In exchange we get higher drug prices, and other concessions, the reasons why many Americans are so rich.