I think you are focusing on the successful pharma products.
When a company begins an expensive research project, they don't know beforehand if it will be profitable or not.
If little-to-medium pharma were compensated generously for the risks they take, they would make more research in new drugs, but because the risk is not compensated, only big pharma can afford the research.
I don't see how that changes the fact that these companies have profits in the billions, are still not satisfied, and are willing to contribute to the murder of millions to increase their profits. India should have some fucking balls and stand up for its people and repeal these patent laws designed to make a couple of people rich while murdering so many.
I don't see how enforcing patents is equivalent to murder.
It's not like if it weren't for the evil pharma companies, everyone would have access to advanced medicine. Quite the contrary, in fact.
We are not talking about software here. Developing medications requires huge investments in developed countries, and no one will develop in the other countries because there is no patent protection in those countries.
I don't understand what you're implying. A drug requires billions in investment. Why would a company invest billions into a new drug if they can't make that money back?
He's implying that they already make their money back, and that billions in investment does pay off, even with the existence of Indian generics - and that will continue to hold true in the future.
Ofcourse from the big pharmacy side, the generics represents lost opportunities, they want to make more money.
I am still finding it hard to understand this argument. Why do you think pharma companies like Novartis will continue to be profitable if all of their patents and future patents are ignored? Why would any pharma company invest billions into new research when their IP could just be stolen by an Indian generic and sold for pennies on the dollar?
Because they're still making billions? But hey, we're not making as many billions as we could. Let's just shut it all down for good. Your reasoning is stupid.
The drugs that make them billions are things like Xanax, Prozac and Viagra.
We need to incentivize research into important medicine (ie antibiotics, or something to actually cure AIDS and malaria for good), which is hard because as soon as they develop something actually useful, people refuse to honor their patents.
They make billions regardless of India's patent laws. Why should India let its people die so some company executives somewhere can make a few more billion?
> I don't understand what you're implying. A drug requires billions in investment. Why would a company invest billions into a new drug if they can't make that money back?
Well pharma companies tend to spend so much money because they are run very inefficiently in the first place. Plus there's the cost of lobbying...
When a company begins an expensive research project, they don't know beforehand if it will be profitable or not.
If little-to-medium pharma were compensated generously for the risks they take, they would make more research in new drugs, but because the risk is not compensated, only big pharma can afford the research.