Re:The US Supreme Court is hearing a case about patent law’s...
by danjoc on Wednesday March 22, 2017 @12:24PM
(#13932214)
>I'm of the opinion that we would see a major slow down in drug innovation without patents.
My observation is we've seen a major slowdown already. $600 epi-pens, Turing Pharmaceuticals, my cousin's psoriasis medication that went from $10 a tube last year to $700 a tube this year. There's no innovation left. It's on to price gouging now. Pulling their patents might not solve their lack of ability to innovate, but it should be of some help with the price gouging.
My observation is we've seen a major slowdown already. $600 epi-pens, Turing Pharmaceuticals, my cousin's psoriasis medication that went from $10 a tube last year to $700 a tube this year. There's no innovation left. It's on to price gouging now. Pulling their patents might not solve their lack of ability to innovate, but it should be of some help with the price gouging.