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Joined 1 year ago
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Cake day: June 22nd, 2023

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  • I disagree with your view on IP, at least for pharmaceuticals. For most drugs, the exclusivity period is only 5 years, after which generic companies reverse engineer the product with ease and create a low-cost alternative. Without this period allowing pharma companies to make their money, there’d be no reason to invest the billions upon billions of dollars into R&D to discover and develop the drug in the first place. Most drug candidates fail, and the wins are what prop up the whole industry.

    I’m not defending price gouging and I think all governments should control pricing, preferably with a single payer system (looking at you USA), but we would be so much further behind without patent protection. Especially for orphan diseases.

    Don’t really agree with you on IP for most creative purposes either. There should be a reasonable length of time you get exclusive rights to something you create. But this doesn’t excuse Disney’s stranglehold on the mouse.