2 ms·
Another element is that a monopolistic institution can often afford to wait until expiration of any promising patents and that appears to be a factor in this ca
by fuzzfactor 10y ago
Another element is that a monopolistic institution can often afford to wait until expiration of any promising patents and that appears to be a factor in this case as well:
At Retractable, "Shaw still isn’t any closer to breaking into the hospital market, and in the meantime the life on his patents is dwindling."
"So he has partnered with Chinese companies, which put up money to build assembly lines in China in return for permission to produce his syringes for the Chinese market. When his patents do run out, the Chinese manufacturers will be the ones poised to bring his technology to the world market, meaning all the jobs and economic benefits that could have gone to the local residents will instead go to the people of Gansu Province."
http://washingtonmonthly.com/magazine/julyaugust-2010/dirty-medicine-2/ http://washingtonmonthly.com/magazine/julyaugust-2010/dirty-...