3 ms·
> Explicit (costly) patents can remain in place to secure industrial-grade research processes I keep reading about big companies i) developing very similar dru
by noja 1mo ago
> Explicit (costly) patents can remain in place to secure industrial-grade research processes
I keep reading about big companies i) developing very similar drugs that are different enough to avoid patents, ii) using their size to prevent litigation.
So would keeping patents help?
- mchusma 1mo agoThe government could always pay for results too, like $10B for something that does this. I don’t love it either and am not positive it is better than patents.
- dtech 1mo agoThe "me too" drug still need to go through an R&D, clinical trail and approval process, so combined with patents the exclusivity period is at least several years. Abolishing patents would completely remove the exclusivity period
- derektank 1mo agoThat is a thing (though arguably there is still value in the reformulations). A good current example would be orally administered wegovy, which received an additional patent on top of semaglutide for combining the drug with an absorption enhancer. This is a genuine advancement, and did require clinical trials (not all patentable improvements do) but it is ultimately just a variation on an existing drug. That being said, the patent on semaglutide still expires at the same time and biosimilars (or generics in other cases) can be produced at that time using the injectable formulation (or a new alternative). This seems reasonable to me