4 ms·
You're arguing market forces and I mentioned that in my post. The parent argues using moral and I don't think that there's a moral argument to be made. I'm ver
by Xylakant 13y ago
You're arguing market forces and I mentioned that in my post. The parent argues using moral and I don't think that there's a moral argument to be made.
I'm very careful when people try and argue using market forces since the market in pharmaceuticals is heavily regulated anyways. There's a lot of examples where market forces go against the greater good of the community and the pharma market is a prime example. It's a common occurrence that drugs get modified slightly and then resubmitted to extend the patent period and the modification does not make the drug statistically significantly more effective. This is in line with market forces - it's in the interest of the company and the shareholders, but it's completely opposed to the interest of the community and to the idea of the patent system (your monopoly ran out, your research cost have been paid back). Should the government step in or let the market forces rule?