3 ms·
Have you heard of patents? For-profit pharmaceutical companies use them to establish a monopoly on drugs they develop.
by kevingadd 7y ago
Have you heard of patents? For-profit pharmaceutical companies use them to establish a monopoly on drugs they develop.
- kungito 7y agoPatents last 20 years, humanity existed for thousands. We can wait 100 more years for cures if it's the optimal way
- autoexec 7y agoThe drug companies have a solution to patent limits called "evergreening" where once a patent is about to expire they make a very slight modification to the formula, pump massive amounts of cash into marketing it as "new and better" even when there are little to no benefits over the old formula. Doctors are easily bribed or mislead into prescribing the expensive new formula over generics and drug companies can continue to make large profits on old drugs instead of innovating.