Posted by psyclist on November 12, 2008, at 15:34:23
In reply to Re: Drug Patents should be extened..What do you think, posted by KimStereo on November 12, 2008, at 15:04:12
Its true that the drug companies put a lot of money and effort into developing a new treatment. And the exhaustive testing that is necessary also costs a lot. Is it worth it if five (guessing here) years down the line their drug loses its patent, and its prime position in the market, to a cheaper johnny come lately generic? The big drug companies might shrug their shoulders and say developing new drugs is not worth the trouble. But they may change their minds if the patent lasted longer, say ten years, thus allowing them to recoup the cost of developement and make a living besides.
poster:psyclist
thread:862563
URL: http://www.dr-bob.org/babble/20081106/msgs/862570.html