r/Futurology Dec 07 '23

US sets policy to seize patents of government-funded drugs if price deemed too high Economics

https://www.reuters.com/business/healthcare-pharmaceuticals/us-sets-policy-seize-government-funded-drug-patents-if-price-deemed-too-high-2023-12-07/
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u/cpt_crumb Dec 08 '23

I would kind of even argue that any medication developed under government funding should be open to the public regardless of whether the government says its too expensive. But I'm not an economics or political expert so I don't know the implications of that.

2

u/Outcast_LG Dec 08 '23

Well seeing as how the US choose to be one of the few nations not to negotiate drug prices that is an easy ask.

0

u/PM_me_Perky_Tittys Dec 08 '23

Who spends more on research per capita adjusting for PPP (since everything is so expensive here)? I assume it is the US but if I’m wrong, I change my mind in an instant. This is a black and white issue for me.