Without the profit on drugs, there is no research and development. There is no innovation. There are no new drugs.It's happened before, exactly as described above, in America: After anthrax-laced letters killed five Americans in the wake of the 2001 World Trade Center attacks, Secretary of Health Tommy Thompson threatened to suspend Bayer's patent on its antibiotic Cipro unless the company agreed to his "preferred" price. Bayer, faced with the prospect of generic companies getting the right to break its U.S. patent, caved and slashed its price from $1.83 to less than $1 per pill. In 2004, Congress passed legislation,...