Jack Dorsey, co-founder of Twitter (now X) and Square (now Block), sparked a weekend’s worth of debate around intellectual property, patents, and copyright, with a characteristically terse post declaring, “delete all IP law.”
X’s current owner Elon Musk quickly replied, “I agree.”
I see the point you’re aiming at, but it’s not little companies discovering new drugs it’s giant corporations (often on the back of government research money) who then ‘swoop in’ to protect their own profits while people in underdeveloped nations die of tuberculosis or whatever because they would rather make money than save lives.
You might be surprised how small medical research labs can be. The lady responsible for nanolipid particles used in transporting rNA vaccines, in similar fashion to how an organelle gets packaged in membrane and cast out, spent decades cruising on bare minimum public funding.
What costs money is testing phases, including a lab to hold and propogate immortal cell lines and later production lines to create enough doses for thousands of human trials.
Although tbh I don’t expect the USA to be upholding strict drug safety standards in the near future.
Thank you. These arguments are always hard to read. Sure, small labs are where it usually starts, but without enormous and risky investments, we would never have the drugs we have today. Most of these investments fail miserably, so one successful drug must cover the costs of ten unsuccessful ones. Nobody would do that if their IP weren’t protected. It’s more about reputation than facts when it comes to this topic.
Unless it were completely government funded, but that’s clearly not was Illegal Immigrant Billionaire Elon Musk and the Orange Felon are proposing so yeah, IP Laws applying to Pharmaceuticals all the way.
I was speaking generally and obviously there are exceptions and contributions from all over the place. But it’s not tiny labs like that that hold a death-grip on the patents to drugs that are being sold for absurd amounts of money that are far out of reach of the people who need them. Also while I recognize that this kind of research is expensive it must also be recognized that much of that research is funded, directly or indirectly, by the US government through the National Institutes of Health, Centers for Disease Control, etc, so the fact that these big corporations are effectively getting a hand-out and then charging an arm and a leg for it sticks in my craw. But then maybe I’m just weird for thinking that human life is more important than quarterly profits.