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Because then you get to spend $300 on an Epi-Pen compared to (an already outrageous) $80 or so in the UK due to "patents" you may say that patents are crimping
by limeyx 10y ago
Because then you get to spend $300 on an Epi-Pen compared to (an already outrageous) $80 or so in the UK due to "patents"
you may say that patents are crimping the "free" market but who is really going to vote to delete those from health care ?
And even if they were removed, there are many other ways the big companies will stifle competition to keep profits high.
Sometimes something bigger than a corporation needs to step in and this IMO is one of those times/places
- atom-morgan 10y agoIsn't the Epi-Pen an example of what happens when a market isn't free? IIRC they have a monopoly provided by...the government.
- ap3 10y agoIt's not just patents but regulations. Any Epi-Pen competitor has to be FDA aproved, that takes years of investment. The government the gets to decided if the product gets to consumers. It just recently killed a competitor so Epi-Pen can raise prices.