Patents do cause issues. But for Pharma, FDA is the bottleneck

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Jan 22, 2020
10:38:23am

rcbyufan All-American

Patents do cause issues. But for Pharma, FDA is the bottleneck

The FDA has probably killed millions of people.

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rcbyufan

Bio page: rcbyufan
Joined: Aug 18, 2010
Last login: Apr 30, 2024
Total posts: 31,675 (1,086 FO)

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Messages

Author

Time

POLL: Patents and Trademarks: An inherent positive feature of capitalism, or antithetical to capitalism?

1/22/20 9:49am

The ones I've learned about recently I dislike are some from drug companies.

1/22/20 9:53am

I like Patents, trademarks have become absurd thanks to Disney's lobbying efforts.

HuskerFan2

1/22/20 9:53am

I think you mean copyrights.

Joe Banks

1/22/20 9:58am

you are right about copyright, but even trademark owners are now pushing

nwcat

1/22/20 10:01am

Eh, if you established a strong brand, would you want people trading off the goodwill you had invested billions in?

AD4

1/22/20 10:03am

*Copyright. Trademarks is a different ballgame, and they should be able to protect their trademark as long as they want.

AD4

1/22/20 9:59am

Correct.

HuskerFan2

1/22/20 11:03am

Good topic.

CrimWalCoug

1/22/20 9:54am

A patent does not necessarily grant monopoly power in the economic sense

Doctor Rosenrosen

1/22/20 10:11am

Funny that you say they aren't monopolies then give the definition of monopoly

jvquarterback

1/22/20 11:49am

The distinction is this:

Phasor

1/22/20 12:12pm

A monopoly is the right to exclude.

jvquarterback

1/22/20 1:05pm

RE: POLL: Patents and Trademarks: An inherent positive feature of capitalism, or

sanitarium

1/22/20 10:17am

Patents do cause issues. But for Pharma, FDA is the bottleneck

rcbyufan

1/22/20 10:38am

Patents are anti-competive government granted monopolies.

jvquarterback

1/22/20 11:46am

What would your R&D budget look like if whatever you developed

sanitarium

1/22/20 12:02pm

Yep. Patents are intended to encourage investment in R&D by acting as...

Phasor

1/22/20 12:30pm

And how much innovation would die unseen because the person who came up with it couldn't afford to take it to market?

Byron McNertney

1/22/20 12:35pm

And they fail in that aim.

jvquarterback

1/22/20 1:08pm

No difference if you believe the actual data.

jvquarterback

1/22/20 2:18pm

Well....are you going to provide it? I'd love to see it.

sanitarium

1/22/20 2:33pm

Here you go.

jvquarterback

1/22/20 3:56pm

Wow. Even Ayn Rand supported intellectual property rights. Your take is on the right of Objectivism.

Byron McNertney

1/22/20 12:04pm

Hardly. Eternal property rights the logical conclusion?

cdr88

1/22/20 1:52pm

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