Pharmaceutical innovation saves lives. But not every “new” drug is truly new. Patents are designed to reward breakthrough inventions by granting the inventors temporary monopoly rights to recoup the costs…
Tag: Patents
When developing countries band together, lifesaving drugs become cheaper and easier to buy − with trade-offs
Procuring lifesaving drugs is a daunting challenge in many low- and middle-income countries. Essential treatments are often neither available nor affordable in these nations, even decades after the drugs entered…
Don’t let ‘FDA-approved’ or ‘patented’ in ads give you a false sense of security
Is that really a stamp of approval? iStock/Getty Images Plus If you’ve ever reached for a bottle of moisturizer labeled “patented” or “FDA approved,” you might want to think twice.…
Blame capitalism? Why hundreds of decades-old yet vital drugs are nearly impossible to find
Past public ire over high drug prices has recently taken a back seat to a more insidious problem – no drugs at any price. Patients and their providers increasingly face…
