From: John Clark (jonkc@worldnet.att.net)
Date: Sat Feb 20 1999 - 12:27:37 MST
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Lee Daniel Crocker <lcrocker@mercury.colossus.net>
>Why is India the bad guy for not adopting the silly western idea
>of patents?
My emotions tell me your opinion on patents is correct but my mind tells
me you're wrong. Before a major new drug can come on the market a company
must shell out close to a billion dollars to pay for the research and development.
If they didn't have patent protection for at least a few years after that they could never
recover their investment, other companies would crank out dirt cheap generic versions
by the ton. Only a fool would develop a new drug, as a stockholder I would sell my
stock in any drug company that was so stupid as to spend any money at all on
research. I think new drugs are a good thing so I must reluctantly conclude that
patents are too.
John K Clark jonkc@att.net
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