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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 ma
by 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.