this post was submitted on 21 Oct 2023
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Pfizer says it will price Covid treatment Paxlovid at nearly $1,400 for a five-day course, which researchers estimate only costs Pfizer $13 to produce. That's a 10,000%+ markup. Shameful. (mastodon.world)
submitted 2 years ago by [email protected] to c/[email protected]
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[–] [email protected] 3 points 2 years ago (1 children)

I think you're thinking of patents rather than copyright. I was about to ask something snarky like "without the ability to patent their discoveries what would cause these drug companies to pay for r&d up front?" but honestly, this one was paid for by government grants anyway and that's really where my problem comes in. We seem to have developed this amazing worst of both worlds where the public bears all the up front expense of r&d and then the government just gives away what we bought for ourselves so that they can raise the price to 100x what the medication actually costs.

[–] [email protected] 0 points 2 years ago (1 children)

I was just being lazy and didn’t write patents and trademarks all together

I figured saying copyright would be enough for people to include the whole copyright office

[–] [email protected] 5 points 2 years ago

Patents, trademarks and copyrights are three entirely different things. Patents cover products for sale, and give an inventor the exclusive right to manufacture an invention for a given time. Trademarks cover branding, and allow the person registering the trademark to prevent anyone else from using it or something a reasonable person could confuse with it indefinitely. Copyright is exclusively for intellectual property and allows the copyright holder to stop anyone from making copies of their work, derivatives of their work or work that is substantially similar to their work.