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Discuss the economic rationale for allowing pharmaceutical companies to seek intellectual property rights. Are property rights in the pharmaceutical industry a cause of market failure
Discuss the economic rationale for allowing pharmaceutical companies to seek intellectual property rights.
- Are property rights in the pharmaceutical industry a cause of market failure or a solution to market failure?
- Are there problems in allowing the private interest view to drive medical research?
- What would be the broader consequences of removing intellectual property rights across the pharmaceutical industry?
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