07-11-2017, 09:51 AM
(07-10-2017, 10:52 PM)BenZoo2 Wrote: Because medicine is a "noble" cause it is held to a higher standard.
Not sure it there is anything noble about it. They are held to a higher standard because they have a consumer base who lacks options. When you build a new phone, consumers have all sorts of options. When you make a life saving drug your options are buy it or die. When you deal in necessities to live you are held to different standards, we apply it to multiple industries and even roll in others after natural disasters.
I'd go after the manufactures through patent law. Make drug patent length dictated by their cost to price ratio. The higher the cost to price ratio the quicker the patent runs out. Allow for industry standard R&D expenses to be applied into the cost structure for development then go from there. I'd also allow special exceptions for drugs designed for low user bases, such as rare disease treatment.
They have the choice to price how they like, and we as a country have the right to remove their IP rights. If you want to try and recoup all those costs quickly then expect competition quickly, if you want to play nicely then we will make the patent length even longer than the current patent.
