I would like to believe the answer is yes, but to be honest I'm not so sure. I don't think patents are the main driving force of innovation and research, and we would come to a halt without them. But even if they are, when you are the first to come up with an idea you are still in the best position to turn a profit off it without patents. Sure, your margins might be smaller, but society as a whole should benefit from a more competitive environment, compared to squeezing every drop of money to a single company.
From previous discussions I took away big pharma R&D and PR cost breakdown is usually very sad. You can defend a case like Solvadi, that Gilead is entitled to maximize their profits, but it is not in society's best interest after all, as I think it is not directly looped back into innovation.
From previous discussions I took away big pharma R&D and PR cost breakdown is usually very sad. You can defend a case like Solvadi, that Gilead is entitled to maximize their profits, but it is not in society's best interest after all, as I think it is not directly looped back into innovation.