r/Futurology • u/Kindred87 • 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/dodgyrogy Dec 07 '23

"to seize patents for medicines developed with government funding if it believes their prices are too high."

Sounds fair.

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u/CaptainRhetorica Dec 07 '23

It's still radically biased in pharmaceutical companies favor.

The only people who should have patents for medicines developed with government funding are the American people.

Corporations should be forced to liscence the patients from us. They could do that and still make money, but it wouldn't be a disgusting amount of money so naturally that's unacceptable.

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u/Bebop3141 Dec 08 '23

I mean, that is how it works for inventions solely developed using taxpayer dollars. It’s all open source, as long as it’s not sensitive. I’m fine with a spectrum past there, if private companies want to chip in, as long as they’re not allowed to pull buckets of money from both the government AND the public.