4 ms·
This would mean only mega corporaions capable of funding hundred million dollar FDA trials could have drug patents, and people who came up with novel drug mecha
by cma 5y ago
This would mean only mega corporaions capable of funding hundred million dollar FDA trials could have drug patents, and people who came up with novel drug mechanisms would all have to work for these companies rather than specialize on early stage innovative research and sell to them.
- evandijk70 5y agoAn example would we the Biotech/Pfizer vaccine - it could never have finished clinical trials so quickly if patents were not transferrable between companies
- 3mr 5y agoMega corporations capable of funding FDA trials buy patents and use them to create/produce drugs. Patent trolls don't create anything.
- cma 5y ago> buy patents Whose non-existant patent would they buy under the new system where the non-practitioner can't have one to sell? Or I can see you could only let practitioners enforce, but what would be the details on that? The non-practioner could just threaten to become a practitioner or sell to one in exchange for a settlement from someone violating, or if prior violators were grandfathered in once practitioning from the holder began, it would be a race to violate as many as possible before they could be put into practice, in order to get them free through grandfathering.
- onion2k 5y agoMega corporations capable of funding FDA trials buy patents and use them to create/produce drugs. They do that sometimes. Other times they discover a drug chemistry, patent it, and then do nothing with it because they decide the market isn't profitable enough. That stops other companies bringing the same drug chemistry to the market. Patent trolls actively want people to exploit their patents in order to sue. I'm not sure which is more disagreeable.