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The Conversation USA

Pharma's expensive gaming of the drug patent system is successfully countered by the Medicines Patent Pool, which increases global access and rewards innovation

  • Written by Lucy Xiaolu Wang, Assistant Professor of Resource Economics, UMass Amherst
imageDrug patents don't necessarily spur companies to innovate so much as restrict access to their IP.Andrii Zastrozhnov/iStock via Getty Images Plus

Biomedical innovation reached a new era during the COVID-19 pandemic as drug development went into overdrive. But the ways that brand companies license their patented drugs grant them market monopoly,...

Read more: Pharma's expensive gaming of the drug patent system is successfully countered by the Medicines...

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