4 ms·

I don't think they're questioning the business efficacy, I think they're questioning the need for protections for the industry.

• tsotha 11y ago
  I don't see how Pharmaceutical companies can exist without IP protections, unless you're willing to publicly fund the entire development cycle. For the vast majority of drugs the cost of producing the tablet you take is just a few cents, which is dwarfed by the amortized cost of the R&D. Nobody is going to spend on R&D if competitors can skip that part and go right to production.
  • duaneb 11y ago
    Drug research strikes me as exactly the type of industry that would benefit from optimizing for characteristic other than profits.
    • tsotha 11y ago
      Which makes it no different from any other industry. But the profit motive is the best we've come up with to get people to produce.