« Bankers worse than burglars | Main | Dishonoured honours »

July 02, 2012


Feed You can follow this conversation by subscribing to the comment feed for this post.


BTW, does life sciences mean that human DNA patents will be handled here.

If so, the co-discoverer of DNA considers gene patents to be insane.



It is a pity that we are unifying the process of getting and challenging patents without reviewing the entire system of patents, which increasingly seem to be taxing innovation rather than encouraging it.
There is ample evidence that even in the case of pharmaceuticals (which have more potential justification than others) that the patent system disincentivises competition and innovation and puts unneccesary and undesirable costs onto the consumers and health services.

Prior to 1978 for example Italy had many pharmaceutical companies producing both generic medicines but also investing in R&D and discovering new drugs.
After they went down the patent route under pressure from the international community, the number of pharmaceutical companies declined and Italy went from being a leader in the field to an also ran.

Intellectual property is the issue of the 21st century that must be addressed and drastically overhauled/reformed or even abolished completely and successive governments are basically ignoring the issues and the country will be worse off for it.

The comments to this entry are closed.