Biopharmaceutical innovators responded heroically to the COVID-19 pandemic. In unprecedented time and with cutting-edge technologies, they created vaccines and other medical treatments that saved millions of lives around the world. For this extraordinary achievement, leftists and libertarians have vilified them, and politicians are actively seeking to confiscate their patents. This talk explains how patents made possible the unprecedented response to the pandemic and why these vital property rights have been wrongly attacked. Recorded live on July 7, 2022 as part of the Objectivist Summer Conference.