That is the theory, but the more I've looked at the "create new drugs" industry, the more it looks a lot like patents on the measure may actually cause less new drugs to be created than more.
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At least you get some research though! It is absolutely the case that there are many drugs that could exist but aren't being researched, everyone knows this. But I don't see at all what you think getting rid of patents would accomplish(unless it is replaced w/ other incentives)?
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Like I say, govt bounties make some sense to me though. But that's not an overnight change
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So what would be the incentive for a company to risk millions on R&D on a new drug *if* it's successful in development, testing, etc that all their competition could copy it and make money off it? I do think a system, where once they've recouped their expenses 1/2
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And some profit that it opens it up to generics and the developing company gets a percentage of the profits would make sense. 2/2
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