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You can make your own medicine at home in many countries, but safety testing takes years and costs hundreds of millions. After years of testing, when the result
by drran 5y ago
You can make your own medicine at home in many countries, but safety testing takes years and costs hundreds of millions. After years of testing, when the result is good and the inventor is lucky, the inventor will have just a few years of protection to recoup costs.
How you can improve that without patents?
- TaylorAlexander 5y agoI’ve just written a nearby comment that might answer your question. https://news.ycombinator.com/item?id=28664769 https://news.ycombinator.com/item?id=28664769 See also a direct link to a chapter in an economics book about the subject: http://dklevine.com/papers/anew09.pdf http://dklevine.com/papers/anew09.pdf