Quote:
Originally Posted by GAH
For me, the biggest worry about any breakthrough is India's court ruling the other week that allows their country to copy vaccines, pharmaceutical advances etc, sell them at huge discounts and not allow those who figured it out to have their licence fee to pay for their research. I think it is 10 years companies get on copyright. I know Viagra's licence was up this year, that other companies can now put out their own brand. That can only hold fantastic advances that are just around the corner back, they won't throw the money into research if it becomes a free-for-all in places like India
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Every coin has two sides - the Swiss medicine was 15 times as in FIFTEEN TIMES more expensive than the same one made in India. But that's not the point, big pharmas spend millions on research and they need to turn good profit in order to do so; however, they play dirty too - they make minor changes to their drugs and then apply for patent extension and I think this is what this particular ruling was all about.