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)


Leave a comment

Filed under Patent Law, Political

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s