How patent law can protect public health
May 21, 2024
May 21, 2024
NASHVILLE, Tennessee, May 21 -- Vanderbilt University issued the following news:
Inventions like drugs, medical devices, and wastewater treatment plants are subject to the same patent statues as those that fall outside of the public health sphere, but their significance raises specific policy questions without clear-cut answers. While strong patent protection helps pharmaceutical companies recoup R&D costs so they can continue to develop new high-risk treatments, low-cost access . . .
Inventions like drugs, medical devices, and wastewater treatment plants are subject to the same patent statues as those that fall outside of the public health sphere, but their significance raises specific policy questions without clear-cut answers. While strong patent protection helps pharmaceutical companies recoup R&D costs so they can continue to develop new high-risk treatments, low-cost access . . .