We want people to spend lots of money, time, and research finding cures to disease, illness, etc.
So if a company spends hundreds of millions of dollars to research a drug, nearly $1 Billion to get it FDA approved, they have only 7 years to make back their investment and make a profit (not to mention marketing and other costs).
However, if someone spends a few days writing a song and $1000 to record it, they get those rights for 75 years.
If you're trying to make a buck, doesn't it make a lot more sense to go into the record business than pharmaceutical business?
I realize that your first reaction is probably "they make tons of money and drugs should be available for everyone", right?
However, we're not aligning our motivations. We want companies to create life-saving drugs, but at the same time we're making it so there's a lot of risk with little relative reward.
at this rate there will be fewer and fewer people making life-saving drugs.
Anyone else see this?
2007-06-11
10:01:36
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8 answers
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asked by
Ender
6