Attention Economy


Friday, October 15, 2021

Economics of Healthcare

Drug Prices by Committee: One Way Biden Could Lower Costs
Many countries use independent review boards to balance innovation and profit.
https://www.nytimes.com/2021/02/11/upshot/biden-drug-prices.html
 
Drug Innovation: When Patents Work (and When They Don’t)
https://www.milkenreview.org/articles/drug-innovation-when-patents-work
In recent years, drug makers have developed a host of dazzling products, including some based on cutting-edge gene therapy technology. Given the difficulties (scientific, financial and regulatory) of developing these new technologies and bringing them to market, pharmas argue that strong patent protection is essential if we expect innovation to continue at the current pace. Or maybe not. Fundamental shifts in the technology behind drug development suggest there are alternative ways for ensuring that successful innovators recoup their investments. And in light of the societal costs that are part and parcel of protecting intellectual property with patents, it’s worth asking whether this form of protection sometimes does more harm than good.
 
Our patent system is broken. And it could be stifling innovation.
https://www.washingtonpost.com/outlook/2021/08/08/our-patent-system-is-broken-it-could-be-stifling-innovation/
 
Are drug patents worth it? | The Economist
https://www.economist.com/business/2021/05/15/are-drug-patents-worth-it

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