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GBT Pharmaceuticals is lobbying for increased patent protection. The firm argues that patents are important to drug development because they: help ensure that price stays

GBT Pharmaceuticals is lobbying for increased patent protection. The firm argues that patents are important to drug development because they: help ensure that price stays above marginal cost. ensure wide availability of the drug. generally last about two years, so they do not have an impact on development. ensure that new drugs are offered in the market at a price equal to the marginal cost

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