Uncle Sam paid to develop a cancer drug and now one guy will get to charge whatever he wants for it
The argument for pharma patents: making new medicines is expensive, and medicines are how we save ourselves from cancer and other diseases. Therefore, we will award government-backed monopolies – patents – to pharma companies so they will have an incentive to invest their shareholders’ capital in research. There’s plenty wrong with this argument. For one Read more about Uncle Sam paid to develop a cancer drug and now one guy will get to charge whatever he wants for it[…]