“smash the monopoly now”
So they have a patent on this drug? You want to end the patent system?
“So they have a patent on this drug? You want to end the patent system?”
Sorry for being unable quote the actual article, but apparently we can’t quote the largest newspaper in Arizona because of - guess what - that intellectual property bat guano.
The patent on Anascorp is held by a Mexican lab which has sold it in Mexico for years at a retail of about $100 per dose. The FDA granted a small US company exclusive right to sell in this country in return for it doing the testing necessary to qualify it here. This is the same reason why the colchicine you have been taking for your arthritis for years is now $15 per pill, up from ninety cents.
Wouldn’t the straightforward way to qualify an existing drug in the US simply be to hire the work done at a tiny fraction of the cost? Someone is getting a fat payoff under the present system.
So to answer your question: hell yes! I’ve finally come to the conclusion that just ripping the whole intellectual property system out by the roots before it stifles the whole US economy is perhaps the only way to save us. Works for China, doesn’t it?