Why are drug prices so high? Investigating the outdated US patent system | Priti Krishtel

Why are drug prices so high? Investigating th...

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Why are drug prices so high? Investigating the outdated US patent system | Priti Krishtel
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Between 2006 and 2016, the number of drug patents granted in the United States doubled -- but not because there was an explosion in invention or innovation. Drug companies have learned how to game the system, accumulating patents not for new medicines but for small changes to exi ...  Show more

Why are drug prices so high? Investigating the outdated US patent system | Priti Krishtel
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Between 2006 and 2016, the number of drug patents granted in the United States doubled -- but not because there was an explosion in invention or innovation. Drug companies have learned how to game the system, accumulating patents not for new medicines but for small changes to exi ...  Show more

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For decades, drugmakers have argued that patents are critical to bringing new drugs to the market. But in 2004, when a promising H.I.V. treatment emerged, Gilead Sciences decided to slow-walk its release to maximize profit on the company’s existing patents.

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