Think of a scenario of legislation that would remove patent protection from Pharmaceuticals and give all funds
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Question:
Think of a scenario of legislation that would remove patent protection from Pharmaceuticals and give all funds and legal control for pharmaceuticals to the National Institutes of Health so no patents anymore in this world and all of our R&D funding is officially channeled through the NIH. Think about:
- what impact that would have on the term on the price of pharmaceuticals.
- the status of competition for pharmaceuticals.
- the level of innovation for pharmaceuticals
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