Patent law 'games' deliver Big Pharma monolopies—time for Politicians to wade in
We need cross-party support for change!
INSIDE PHARMA post below, on patent games:
“Today’s avaricious behaviour over the SARS-CoV-2 injections is merely the extension of the horrific, profit-seeking fanaticism these companies have been engaged in for decades.
The common thread is the cynical gaming of patent law to create monopolies and oligopolies to extract money for very ill people.”
This heart-breaking account brings home the hurt and suffering laid on society by an industry obsessed with turning patents into mega-profits, hang the cost to patients:
Patents harm patients, but make Big Pharma rich
The three companies dominating the market today are Eli Lilly, Novo Nordisk and Sanofi. They are gaming patent law in unison, to keep their oligopoly delivering eye-watering profits.
This is what Erin Fox had to say, in her HBR article in 2017, How Pharma Companies Game the System to Keep Drugs Expensive:
Pharmaceutical firms are currently using a set of tactics to make their temporary monopolies semi-permanent. Eliminating these tac…