The patent model for funding drug development is broken. Paper by Harvard Law professor explains - GoFuckYourself.com

wehateporn · 02-17-2013, 07:24 AM

This is why they never tell you about Apricot Seeds and other natural cures for Cancer; they can't be patented. It's all about the money

Unpatentable Drugs and the Standards of Patentability
"The role of the patent system in promoting pharmaceutical innovation is widely seen as a tremendous success story. This view overlooks a serious shortcoming in the drug patent system: the standards by which drugs are deemed unpatentable under the novelty and non-obviousness requirement bear little relationship to the social value of those drugs or the need for a patent to motivate their development. If the idea for a drug is not novel or is obvious, perhaps because it was disclosed in an earlier publication or made to look obvious by recent scientific advances, then it cannot be patented. Yet the mere idea for a drug alone is generally of little value to the public. Without clinical trials proving the drug's safety and efficacy, a prerequisite for FDA approval and acceptance by the medical community, it is unlikely to benefit the public. Given the immense investment needed to fund clinical trials on drugs, and the ability of generic manufacturers to rely on those tests to secure regulatory approval for their own products, pharmaceutical companies are rarely willing to develop a drug without patent protection. The novelty and non-obviousness requirements make no concession for the development costs of inventions, and thus withhold patents from drugs that are unlikely to reach the public without that protection. This gap in the patent system for drugs has created a pervasive problem in the pharmaceutical industry, causing firms to regularly screen through their drugs in R&D and discard ones with weak patent protection. The potential harm to the public from the loss of these drugs is likely significant. Congress can easily avoid this problem by ensuring that the successful completion of the FDA's rigorous clinical trial process is rewarded with a lengthy exclusivity period enforced by the FDA. "

http://papers.ssrn.com/sol3/papers.c...act_id=1127742

xNetworx · 02-17-2013, 07:26 AM

Buy Apricot Seeds

?

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wehateporn · 02-17-2013, 07:27 AM

Quote:

Originally Posted by CamBoss

Buy Apricot Seeds

?

Profit

Need to GM them, then you can get a patent and profit

wehateporn · 02-17-2013, 07:29 AM

Keep in mind that if your GM Apricot seeds are curing Cancer, Big Pharma are going to lock you away or 'suicide' you so as their $Trillion Cancer Industry can resume back to normality.

ottopottomouse · 02-17-2013, 09:33 AM

Do you even understand how a business works?

Dirty F · 02-17-2013, 09:48 AM

Quote:

Originally Posted by ottopottomouse

Do you even understand how a business works?

Do you think that imbecile understands anything?

02-17-2013, 07:24 AM	#1
wehateporn Promoting Debate on GFY Industry Role: Join Date: Apr 2007 Posts: 27,173	The patent model for funding drug development is broken. Paper by Harvard Law professor explains This is why they never tell you about Apricot Seeds and other natural cures for Cancer; they can't be patented. It's all about the money Unpatentable Drugs and the Standards of Patentability "The role of the patent system in promoting pharmaceutical innovation is widely seen as a tremendous success story. This view overlooks a serious shortcoming in the drug patent system: the standards by which drugs are deemed unpatentable under the novelty and non-obviousness requirement bear little relationship to the social value of those drugs or the need for a patent to motivate their development. If the idea for a drug is not novel or is obvious, perhaps because it was disclosed in an earlier publication or made to look obvious by recent scientific advances, then it cannot be patented. Yet the mere idea for a drug alone is generally of little value to the public. Without clinical trials proving the drug's safety and efficacy, a prerequisite for FDA approval and acceptance by the medical community, it is unlikely to benefit the public. Given the immense investment needed to fund clinical trials on drugs, and the ability of generic manufacturers to rely on those tests to secure regulatory approval for their own products, pharmaceutical companies are rarely willing to develop a drug without patent protection. The novelty and non-obviousness requirements make no concession for the development costs of inventions, and thus withhold patents from drugs that are unlikely to reach the public without that protection. This gap in the patent system for drugs has created a pervasive problem in the pharmaceutical industry, causing firms to regularly screen through their drugs in R&D and discard ones with weak patent protection. The potential harm to the public from the loss of these drugs is likely significant. Congress can easily avoid this problem by ensuring that the successful completion of the FDA's rigorous clinical trial process is rewarded with a lengthy exclusivity period enforced by the FDA. " http://papers.ssrn.com/sol3/papers.c...act_id=1127742 __________________ Sexy Girls Teasing

02-17-2013, 07:29 AM	#4
wehateporn Promoting Debate on GFY Industry Role: Join Date: Apr 2007 Posts: 27,173	Keep in mind that if your GM Apricot seeds are curing Cancer, Big Pharma are going to lock you away or 'suicide' you so as their $Trillion Cancer Industry can resume back to normality. __________________ Sexy Girls Teasing

02-17-2013, 09:33 AM	#5
ottopottomouse She is ugly, bad luck. Industry Role: Join Date: Jan 2010 Posts: 13,177	Do you even understand how a business works? __________________ ↑ see post ↑ 13101

02-17-2013, 07:26 AM	#2
xNetworx So Fucking What Industry Role: Join Date: Jan 2004 Location: Whore Island Posts: 14,445	Buy Apricot Seeds ? Profit