Report: Patent Law Stifles Innovation

Among drug companies, at least, according to the report:

“A report by the General Accounting Office concludes that current patent law discourages drug companies from developing new drugs by allowing them to make excessive profits through minor changes to existing pharmaceuticals.” Read more…

Whether this can apply to other industries is yet to be seen.

(Spotted at Slashdot)

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Filed under Patent Law, Political

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