Re:How Valeant Went from Wall St. Darling to Pariah
by rm_-rf_slash on Wednesday January 20, 2016 @03:24PM
(#10941049)
Thanks for the tldr, I might not have read further otherwise.
An idea I've toyed with for a while is to strip patent protection from pharmaceuticals and replace it with a guaranteed royalty, so that inventors are sure to be compensated while the market is open to compete for lower manufacturing costs, maybe have a clause stating that minor molecular changes with no effect on the intended condition the drug is meant to treat don't count as novel, as they do under the current system.
I can't tell if the idea is good or bad yet. What does HN think?
An idea I've toyed with for a while is to strip patent protection from pharmaceuticals and replace it with a guaranteed royalty, so that inventors are sure to be compensated while the market is open to compete for lower manufacturing costs, maybe have a clause stating that minor molecular changes with no effect on the intended condition the drug is meant to treat don't count as novel, as they do under the current system.
I can't tell if the idea is good or bad yet. What does HN think?