3 ms·
This. The US patent system rewards the same kind of "innovation" as the financial sector did pre-subprime. Look at the introduction rate of new drugs vs derivat
by rohamg 14y ago
This. The US patent system rewards the same kind of "innovation" as the financial sector did pre-subprime. Look at the introduction rate of new drugs vs derivatives of old (and about to expire) drugs over the past decades to see what I mean. The argument that "if drugs were cheaper (=they saved more lives) pharma r&d would crumble" is facetious and speaks volumes about the priorities of the individual making the argument.