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Rare case... At least all people there have access to healthcare free while in America millions don't have (including me) and most people who still have do pay for it. Trust me your overall combined taxes are higher than Scandinavians
And while TPP opens up low cost drugs to everyone in the world, the US will be stuck with their high cost drugs for 8 years beyond TPP signing.
A deal made with big pharma and the administration.
The patent system predates the US and is the most common way countries reward innovation. Countries without patents generally have no history of innovation.
As it relates to meds, it's all about biologics which have a 12 year patent in the US. As I understand it, the 12 countries that agree to TPP will agree to the same biologics patent patent protections that exist in the US, no?
Looks like Congress went along with TPP. No one bites the wallets that feed them.
Alternatives to biologic patent protections include governments buying the patent and making it available for generic form or outright government investment in R&D, regardless of the outcome.
Investment in big pharm has one of the highest returns, exceeding 20%. They win and lose big. When we talk Big Pharm, we are really talking about the wealthy who put their own capital at risk and expect a solid return on their investment which is provided by the patent.
Guess government could opt out of it all and cease rewarding innovation. In absence of patent protection, investors will find something else, somewhere else that offers a better risk- reward ratio.
The patent system predates the US and is the most common way countries reward innovation. Countries without patents generally have no history of innovation.
As it relates to meds, it's all about biologics which have a 12 year patent in the US. As I understand it, the 12 countries that agree to TPP will agree to the same biologics patent patent protections that exist in the US, no?
Looks like Congress went along with TPP. No one bites the wallets that feed them.
Alternatives to biologic patent protections include governments buying the patent and making it available for generic form or outright government investment in R&D, regardless of the outcome.
Investment in big pharm has one of the highest returns, exceeding 20%. They win and lose big. When we talk Big Pharm, we are really talking about the wealthy who put their own capital at risk and expect a solid return on their investment which is provided by the patent.
Guess government could opt out of it all and cease rewarding innovation. In absence of patent protection, investors will find something else, somewhere else that offers a better risk- reward ratio.
There are no easy answers.
Yes there are. Leave the US for medical treatment.
Patent protection my foot.
The same drug is x times cheaper in Mexico than the US.
Yep Denmark has the same health system. My aunt was told she had gallstones and they would have her gall bladder out in about a year. She died of liver cancer in excruciating pain five months later.
That never happened in America for many decades of thousands upon thousands not having insurance and some that did being denied over and over again for stuff they were covered for? Naah, that never happened and is still not happening today. Naaah.
That never happened in America for many decades of thousands upon thousands not having insurance and some that did being denied over and over again for stuff they were covered for? Naah, that never happened and is still not happening today. Naaah.
But, you should know that there is no shortage of idiots in America, who actually think that their insurance companies would put its bottom-line aside and take care of them at any cost. They tend to vote against the best interests of the nation, thinking "they are spared, and as long as they aren't affected".
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