Just_A_Guy_With_A_Point
11-24-2003, 06:32 AM
News reporters keep saying that the cost of research and development on many new medicines is in the billions.
Since this research is so expensive, why won't the government patent office allow these companies the right to keep their prospective patents longer?
Wouldn't logic indicate that if the medical R&D costs were distributed over a longer period of time that the retail price could come down?
After all it IS THEIR money that invented these drugs!
It DOES effect their profit margin!
It also effects the return on stock values and dividends.
Wouldn't that be a winning situation for all interested parties?
Since this research is so expensive, why won't the government patent office allow these companies the right to keep their prospective patents longer?
Wouldn't logic indicate that if the medical R&D costs were distributed over a longer period of time that the retail price could come down?
After all it IS THEIR money that invented these drugs!
It DOES effect their profit margin!
It also effects the return on stock values and dividends.
Wouldn't that be a winning situation for all interested parties?