It costs $1M+ for a basic obviously-no-safety-risks safety approval. A large market blockbuster drug can easily cost $100M to approve. So no IP = drug vanishes

It costs $1M+ for a basic obviously-no-safety-risks safety approval. A large market blockbuster drug can easily cost $100M to approve. So no IP = drug vanishes without a trace. Unless you can get charitable funding for approval, like the Gates Foundation is doing for things like malaria.