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Nobody's questioning whether these things are non-trivial or high-value. There are very legitimate questions to be asked, though, especially regarding patentabi
by fisherjeff 10y ago
Nobody's questioning whether these things are non-trivial or high-value. There are very legitimate questions to be asked, though, especially regarding patentability and profitability.
There are many other fields with very high barriers to entry and which require very large R&D budgets, but which - unlike the prescription drug market - nonetheless manage to attract competitiors: The semiconductor industry, for example, comes to mind.
- pinaceae 10y agohardware is full of patents. your point? pharma is full of competitors. exactly because it rewards risk. the whole point of the system. and the patent cliff hits and generics and biosimilars take over.