Patent Rights Jeopardized

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October 17, 2001, Jeff Smith

 

Bayer is a German company that has promised they can supply adequate amounts of their drug Cipro at a price of around $350 per month for treatment.  This is a new drug that has just recently been developed, and treats Anthrax a little better than penicillin.  Because of the patent that Bayer holds on the drug, generic drugs which do the same thing for a fraction of the cost (about $10 per month for treatment) are illegal in this country until Bayer’s patent expires.

Tom Daschle, in a panic after his office was attacked, has proposed legislation to suspend the German company’s patent rights in this country until our current Anthrax situation is over.  Allowing Americans access to cheaper generic drugs.

Patent rights exist so that companies are ensured temporary, total rights over the profits of a new product that they have developed.  This ensures that Research and Development costs are recuperated and profits can be made.  Because of this basic right, R&D efforts yield nations great technological advances, and tend to separate the developed country’s from the less developed country’s.

The minute patent protections are eliminated, companies will not be able to recuperate R&D costs, and technological progress will stop.

What does this mean?  It means we’ll never develop alternative fuel vehicles or a cure for aids or continue our progress toward beating cancer because the losses that any company would face in developing new technologies, services, or medicines, would drive them out of business.

No American company is stupid enough to pursue any course of action, and only our politicians are ignorant enough to suggest such ideas.  Politicians are the only people who lack the foresight enough to not understand that the denial of the ability to turn a profit on a good means that that good will cease to be offered.

Clinton’s legacy left us with 8 years of crisis after crisis.  We are now facing a war that has been waged against us, and the crisis mentality has been engraved in our minds.  The time will come when the crisis’ will be over, and life will be back to a new normal.  At that time, if we have subverted the law in an attempt to fix things, when an even greater crisis comes to us (and one surely will), we will be much less prepared to handle it than we are this one.

Daschle’s proposal is ignorant.

 


 


September 11, 2001
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