3 ms·
did you read the article about the patent and how insulin been discovered ? here some quotes "Insulin's Canadian discoverers sold the patent to their universi
by zwetan 11y ago
did you read the article about the patent and how insulin been discovered ?
here some quotes
"Insulin's Canadian discoverers sold the patent to their university for $1, stating that profit was not their goal."
"Discoverers Didn't Intend Insulin to Become a Profitable Monopoly"
so yeah I blame big pharma
they took over a cheap patent, made some modification and abused the patent system on a non-curable illness that affect more and more people
and when the profit is not enough, they raise the price
what's your arguments again ?
that they are entitled to makea profit ?
when they did not discovered or produced the original patent ?
are you saying that seriously ?
- true_religion 11y agoIs the currently produced insulin by 'big pharma' as you term them, significantly different from the original formulation? If it is, then it cannot be termed abuse of the patent system. If it is not, then our current situation can be termed a side-effect of a broken patent system. Yet all that is orthogonal to the above poster. Even if pharmaceutical companies were only using the original formulation, they would still be entitled to make a profit under any capitalist mode of thought. Simply because something is required for life is no barrier to morally or economically, for allowing someone to profit from it. Granted, anything that is required for life will be tightly regulated by the government. For instance, I'd think its impossible for farmers to collude to withhold their produce and simply starve a country.