4 ms·
Are you implying that pharmaceutical companies would happily invest billions into a drug without patent protection?
by bob13579 13y ago
Are you implying that pharmaceutical companies would happily invest billions into a drug without patent protection?
- brazzy 13y agoNo, I'm implying that the insane price markups seen in the USA mainly fund insane profit margins and marketing budgets, not research. As for patent protection: something needs to change there as well, because too damn much of the research budget goes into drugs that are no improvement over existing ones, purely to take market share from a competitor or replace drugs whose patent protection is running out. source (look at the 10th and 11th paragraph): http://www.nybooks.com/articles/archives/2004/jul/15/the-truth-about-the-drug-companies/?pagination=false http://www.nybooks.com/articles/archives/2004/jul/15/the-tru...