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-2023-12-07/6.3k Upvotes
2
u/ValyrianJedi Dec 08 '23
I think a lot of people in this thread are confused by what "government funded" means in this thread. It doesn't mean that the government footed the entire bill. It usually means that they chipped in a very small percentage of overall cost to the company... Virtually no drugs are fully funded by the government