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Because without patents and exclusivity, the return on the massive R&D involved doesn't exist. Naturally that removes the incentive for R&D (in the market as it
by nazgulsenpai 6y ago
Because without patents and exclusivity, the return on the massive R&D involved doesn't exist. Naturally that removes the incentive for R&D (in the market as it exists today.)
- guerrilla 6y agoThe incentive is that they get to market first as well as the inherent value of the medicine. They could also be paid the cost of R&D or a market price for the initial release of the information rather than a royalty (ransom model).