Posted by desolationrower on November 12, 2008, at 16:10:48
In reply to Re: Drug Patents should be extened..What do you think, posted by psyclist on November 12, 2008, at 15:34:23
I think this is looking at it from the wrong direction. Extra money a decade or two away is too far away for a company to make a decision based on. Also, much of determines how much they would make is things out of their control. What is needed is more basic research, that doesn't have a directly usable outcome. Most of the basic research is funded through government; i think NIH budget is around 28 billion. I think this should be massively increased.
Also, patents are monopolies, and raise prices higher. This means fewer people get the medicine. Alternate ways of funding, like prizes or buyout of the patent would be helpful.
-d/r
poster:desolationrower
thread:862563
URL: http://www.dr-bob.org/babble/20081106/msgs/862579.html