Reply to Re: A cure for cancer found
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To elaborate, since I admittedly oversimplified the motives of the pharma comapanies: it's somewhat understandable that the pharma companies don't want to do research on a drug they can't patent. Considering the amount of money it takes to develop a drug, the pharma companies need to make that money back through sales. But if some other pharma company can also legally produce the drug, that pharma company can price their drug cheaper since they don't have to make research money back, and take the market. As a result, it's not sustainable business model for pharma companies to be researching drugs they don't have patents for. (I think meta implied this point as well in one of his replies.)
