5 ms·
This is the problem with most pharmaceuticals. I believe we should cut patent duration to somewhere in the 5 year range. A patent should only be in force long
by beatgammit 8y ago
This is the problem with most pharmaceuticals.
I believe we should cut patent duration to somewhere in the 5 year range. A patent should only be in force long enough to recoup R&D investment, and I think our current patent system is way beyond that.
Instead of healthcare reform, we should be pushing for patent reform. Reduced pharmaceutical prices would make healthcare reform much less expensive, and thus easier to sell.
- ng12 8y agoSpecifically with insulin the problem is evergreening. The big companies make small, incremental improvements to the brand-name drug which allows them to extend their patent. This makes sense when the improvements are significant, but there needs to be some lower-bound to how different the drugs can be before a patent is extended.