4 ms·
A lot of discoveries are also made by academic and non-profit institutes. The IP is then sold to a pharma giant to fund more long-shot research or give the empl
by jiggunjer 9y ago
A lot of discoveries are also made by academic and non-profit institutes. The IP is then sold to a pharma giant to fund more long-shot research or give the employees a bonus. Or the group that made the discovery starts their own company and adopts the amoral big pharma model. Why would a government-run agency do things any differently? Sell IP, lower taxes, win elections.
- xyzzyz 9y agoI don't mind increased government funding, I just want people to be aware of the fact that the monopoly of the patent is the award for the cost they have beared developing the patented drug. If we stop incentivizing that, we will need to increase government funding to make up for the loss of private research funds.