Against Monopoly

defending the right to innovate

Against Monopoly

Monopoly corrupts. Absolute monopoly corrupts absolutely.

Copyright Notice: We don't think much of copyright, so you can do what you want with the content on this blog. Of course we are hungry for publicity, so we would be pleased if you avoided plagiarism and gave us credit for what we have written. We encourage you not to impose copyright restrictions on your "derivative" works, but we won't try to stop you. For the legally or statist minded, you can consider yourself subject to a Creative Commons Attribution License.

current posts | more recent posts



Things are not going well for Big Pharm.

I read that for the first time in decades the number of new drugs approved by the FDA was going to be fewer than the drugs going off patent (either 2009 or 2010 - I forget which).

I also read last year that the reason for the explosion in new drugs (something about breakthroughs in understanding of how certain chemicals reacted in the human body) that has lasted for several decades has pretty much exploited the "surface gold," so to speak. New drugs are going to be more expensive to find and develop, which means that new drugs are going to require more R&D to find and will likely be more expensive.

Another issue that has been raised is that many new drugs are either less effective or may, in some cases, be completely ineffective to treat the problems they were developed to fight. In some other cases, the drugs have such horrible side effects that the FDA has pulled some new drugs off the market.

The bottom line is that the years of finding easy winners and milking them appear to be drawing to a close. The future winners are going to be much harder to find and likely will take longer to find. Big Pharm may be in for further, significant down-sizing. Mini-Pharm?

And now the "patent cliff" is fast approaching. Maybe all of this is one reason why we're starting to see more and more companies incorporating an NPE-type (formerly "patent troll") business model into their more traditional structures. They've got to go where the money is.
Pharmeseuticals are very important to provide us with effective medicines.more and more research should be made on this in order to discover more effective and less expensive medicines.But it's a matter of regret now-a-days business make this issue quite polluted,as during a few decades less effective are being launched. ossf

current posts | more recent posts

Submit Comment

Blog Post


Email (optional):

Your Humanity:

Prove you are human by retyping the anti-spam code.
For example if the code is unodosthreefour,
type 1234 in the textbox below.

Anti-spam Code



Most Recent Comments

Some history

Killing people with patents SYSSY

IIPA thinks open source equals piracy rerwerwerwer

IIPA thinks open source equals piracy Thank you for this great

Questions and Challenges For Defenders of the Current Copyright Regime Eu acho que os direitos autorais da invenção ou projeto devem ser

IIPA thinks open source equals piracy https://essaywritingsolutions.co.uk/

Your Compulsory Assignment for Tonight rerrerrr

IIPA thinks open source equals piracy rwerwewre

An analysis of patent trolls by a trademark lawyer

Questions and Challenges For Defenders of the Current Copyright Regime It is one of the finest websites I have stumbled upon. It is not only well developed, but has good

Killing people with patents I'm not really commenting the post, but rather asking if this blog is going to make a comeback

The right to rub smooth using a hardened steel tool with ridges Finally got around to looking at the comments, sorry for delay... Replying to Stephan: I'm sorry

Let's See: Pallas, Pan, Patents, Persephone, Perses, Poseidon, Prometheus... Seems like a kinda bizarre proposal to me. We just need to abolish the patent system, not replace

The right to rub smooth using a hardened steel tool with ridges I'm a bit confused by this--even if "hired to invent" went away, that would just change the default

Do we need a law? @ Alexander Baker: So basically, if I copy parts of 'Titus Andronicus' to a webpage without

Do we need a law? The issue is whether the crime is punished not who punishes it. If somebody robs our house we do

Do we need a law? 1. Plagiarism most certainly is illegal, it is called "copyright infringement". One very famous

Yet another proof of the inutility of copyright. The 9/11 Commission report cost $15,000,000 to produce, not counting the salaries of the authors.

WKRP In Cincinnati - Requiem For A Masterpiece P.S. The link to Amazon's WKRP product page:

WKRP In Cincinnati - Requiem For A Masterpiece Hopefully some very good news. Shout! Factory is releasing the entire series of WKRP in Cincinnati,