Word: patent
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Let’s take a step back to gain a better understanding of the dilemma. Pharmaceutical companies own patents which protect them from so-called “generic” competition. If a pharmaceutical company has patented a drug in a particular country, then it has the exclusive right to produce that drug. This means that it can set the price as high as it likes, without fear of competition. Patents are, of course, necessary and important. They help to secure pharmaceutical companies the profits which they need in order to fund research and development. But profits...
Dutch M.E.P. ELLY VAN GORSEL, on the debate prior to the European Parliament's decision to limit software patent legislation similar to that...
Pharmaceutical companies, however, wary of competition from generic drugs, have sought to extend their patent protection. These patents grant them exclusive drug monopolies that translate into substantially higher prices and put the drugs out of reach for the vast majority of AIDS victims around the world...
...protection of intellectual property rights across the globe, at the expense of the world’s poorest. In its negotiations of bilateral and regional trade agreements, and most prominently through its influence in the World Trade Organization (WTO), the administration has relentlessly pressured developing nations to adopt stricter patent regimes. It has done so at the direct behest of the pharmaceutical lobby, which spends millions of dollars in political donations and lobbying expenses every year...
...goes broke, and everyone's surprised that there's still music and still musicians. Here's a better plan: There are 45 million file-sharers in the US. Why don't we elect some legislators who aren't bought by big business and get them to rewrite IP and patent laws to something a little less draconian? Josh Block Boulder, Colo...