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This "article" has one paragraph dedicated to actually explaining why drugs are expensive, and it says it's because of patents. It also tries to blur between p
by hwillis 4y ago
This "article" has one paragraph dedicated to actually explaining why drugs are expensive, and it says it's because of patents.
It also tries to blur between patents and exclusivity. Exclusivity is usually 3 years (5 for new antibiotics and new chemical entities). Patents are 20. Exclusivity is a very small portion of intellectual property protection. I would call that dishonest.
The FDA does not control drug patents, the patent office does. Abolishing the FDA would do practically nothing to reduce IP protections, but would eliminate all the other things they do, like making sure drugs work and don't kill people.
- TEP_Kim_Il_Sung 4y ago> Abolishing the FDA […] would eliminate all the other things they do, like making sure drugs work and don't kill people. Like they did with Thalidomide? Abolish both the FDA, and IP.
- hwillis 4y agoYes... Thalidomide was never approved in the US.