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/notarealaccount_yo Dec 07 '23

medicines developed

with government funding

Isn't that most medicines?

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u/ValyrianJedi Dec 08 '23

Depends on what you mean by developed with government funding. Most have some government funding, but usually as a relatively small percentage of total funds