You went full Atlas Shrugged. Never go full Atlas Shrugged.

[g5000]

Maybe I should have been more specific. If the government wants the fruit to basically be public domain, they should do the R&D themselves--fully and exclusively.

That would require increasing the federal workforce. Why do that when the necessary infrastructure already exists in the private sector?

But to seize binding patents simply because grant money was given to a private business is not an acceptable rationale.

Sure it is. Especially if those patents were extended beyond the initial period of exclusivity. All a big pharma company has to do is bribe the right people, and they could extend their patents forever.

That is not the intention of the patent system.

 

[g5000]

But companies have been abusing the patent system to extend their market monopolies, says Krishtel. A 2018 study from I-MAK found that companies amass patents on existing drugs, blocking competition: The top 12 grossing drugs in the U.S. had an average of 71 patents granted, which almost doubled the time these drugs are protected from generic competition. Many of the granted patents are for minor tweaks, such as combining two drugs into one or altering the dosage — changes that aren’t inventive, Krishtel argues, and thus undeserving of new patents. A 2018 study by Robin Feldman, a professor at the University of California Hastings College of the Law in San Francisco, found that 78 percent of new drug patents between 2005 and 2015 were for existing drugs.

How Patent Extensions Keep Some Drug Costs High

The Biden administration has a chance to help curb drug costs in naming a new patent office director, some experts say.

undark.org

 

[Foxfyre]

Let this be a lesson to all of you: Be careful what you do out of your hatred, because you could be breeding the very thing you hate.

If Democrats don't want to be labeled as commies, they need to avoid acting like commies. They're going to breed a new generation of Randians if they start embracing nationalizing patents.

This is 100% the wrong approach. Patents have to be honored. If the duration of patents is too long, then push for legislation that changes the duration. The playing field must be equal. At the very least, if they want medications to have a shorter duration, then put it into legislation. That, at least, would be an honest, over the table approach that would allow the manufacturers to decide whether the investment is worth the pay-off. Better yet, if they feel the greater public good so severely needs access to these medications, then the federal government should fund the research and development directly. This, again, would at least be an honest approach. But if Biden does this in this way, it's nothing short of theft.

The Biden administration has determined that it has the authority to seize the patents of certain high-priced medicines, a move that could open the door to a more aggressive federal campaign to slash drug prices.

Targeting costly meds, Biden admin asserts authority to seize certain drug patents

The reason that reasonably effective government run healthcare is possible in other countries is they don't have to invest anything in research or innovation. The USA is the primary provider of that for all.

If the Biden administration screws around with patents we will see a whole lot less research and innovation in the USA. And that will hurt everybody.

 

[JoeB131]

First off, we shouldnt be funding research and trials and such for companies. Much less multi billion dollar companies.
Second, since big daddy gubmint has to put its filthy, corrupt hands, in every fucking thing, they should at least control the prices of these meds.
This is NOT capitalism.

You say that like it's a bad thing.

 

[sparky]

Maybe I should have been more specific. If the government wants the fruit to basically be public domain, they should do the R&D themselves--fully and exclusively. But to seize binding patents simply because grant money was given to a private business is not an acceptable rationale. The government issues grants for all kinds of things to private businesses and individuals. If a grant justifies seizing patents, then it can justify seizing anything else. The PPP loans were turned into grants up being forgiven. Doesn't mean the government should seize a company's employees.

It really does fly in the face of a capitalist system Stormy

But we're talking about capitalist medicine , which is predatory , shill, and self serving

especially when the pharamcabal gets to legislate their own ride via FDA, CDC, NHI, along with all the other gub'mit boot lickers

Vs fire dept's, police and ems, public transportation , public education, medicare/cade, bridges, roads, water and waste systems, et all public domaine

Somebody invented all those things too

~S~

 

[JoeB131]

The reason that reasonably effective government run healthcare is possible in other countries is they don't have to invest anything in research or innovation. The USA is the primary provider of that for all.

If the Biden administration screws around with patents we will see a whole lot less research and innovation in the USA. And that will hurt everybody.

Get real. Most Pharma research is funded by the government to start with.

Nothing wrong with a patent, except when you get guys like the Pharma Bro abusing them. Then the government should step in.

 

[Pastelli]

Let this be a lesson to all of you: Be careful what you do out of your hatred, because you could be breeding the very thing you hate.

If Democrats don't want to be labeled as commies, they need to avoid acting like commies. They're going to breed a new generation of Randians if they start embracing nationalizing patents.

This is 100% the wrong approach. Patents have to be honored. If the duration of patents is too long, then push for legislation that changes the duration. The playing field must be equal. At the very least, if they want medications to have a shorter duration, then put it into legislation. That, at least, would be an honest, over the table approach that would allow the manufacturers to decide whether the investment is worth the pay-off. Better yet, if they feel the greater public good so severely needs access to these medications, then the federal government should fund the research and development directly. This, again, would at least be an honest approach. But if Biden does this in this way, it's nothing short of theft.

The Biden administration has determined that it has the authority to seize the patents of certain high-priced medicines, a move that could open the door to a more aggressive federal campaign to slash drug prices.

Targeting costly meds, Biden admin asserts authority to seize certain drug patents

Is this about Pamela Geller's blog?

 

[Jarlaxle]

First off, we shouldnt be funding research and trials and such for companies. Much less multi billion dollar companies.
Second, since big daddy gubmint has to put its filthy, corrupt hands, in every fucking thing, they should at least control the prices of these meds.
This is NOT capitalism.

Crony capitalism.

 

[sparky]

Crony capitalism.

Some of the better written posters have a rather convincing argument we've left capitalism some time ago Jar

~S~

 

[Foxfyre]

Get real. Most Pharma research is funded by the government to start with.

Nothing wrong with a patent, except when you get guys like the Pharma Bro abusing them. Then the government should step in.

Still having trouble with reading what is said huh Joe.

 

[Stormy Daniels]

It really does fly in the face of a capitalist system Stormy

But we're talking about capitalist medicine , which is predatory , shill, and self serving

It's so anti-capitalist that it's the worst and most evil demonstration of capitalism?

 

[Stormy Daniels]

That would require increasing the federal workforce. Why do that when the necessary infrastructure already exists in the private sector?

Not necessarily. The government can fund the whole thing themselves, but contract out the actual work. It would cost tax dollars, but wouldn't require expanding the federal workforce.

The point, however is that if the government wants something to be public property, then the government should pay for it in the first place.

Especially if those patents were extended beyond the initial period of exclusivity. All a big pharma company has to do is bribe the right people, and they could extend their patents forever.

Yeah....that's true.

 

[JoeB131]

Still having trouble with reading what is said huh Joe.

Only when it's fantastically stupid.