Posted Apr 26, 2011 8:54 UTC (Tue) by khim
In reply to: Yes, fix the patent system
Parent article: A victory for the trolls
Well, if you studied the problem you've seen that FDA regulations are the problem patents are supposed to solve.
More then 90% of funds needed to "develop" new drug are spend in FDA-mandated tests. If you eliminate that part patents are suddenly not needed. Do you propose to abolish testing? Of course not! But this is mandated testing - in can be paid different ways, there are no need to issue patents to support it. It's artificial "problem", it can be solved using many different approaches, I doubt patents are the most effective approach anyway.
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