If United States patents can be discarded at will by global markets, it creates serious intellectual property concerns for research and development groups in the US.
Without a possible profit incentive, what will incentivize drug companies to spend billions on cancer medication or other research if the compound will be lifted from them the next day and sold at pill cost, not compounded R&D cost?
It's definitely in US interests (both public and private sector) to strengthen the value of a US patent and US patent law globally.
Why would a government not argue in favor of this?
Without a possible profit incentive, what will incentivize drug companies to spend billions on cancer medication or other research if the compound will be lifted from them the next day and sold at pill cost, not compounded R&D cost?
It's definitely in US interests (both public and private sector) to strengthen the value of a US patent and US patent law globally.
Why would a government not argue in favor of this?