Reply to post: @TheSkunkyMonk

EU politely asks if China could stop snaffling IP as precondition for doing business

codejunky Silver badge

@TheSkunkyMonk

"Specially with drugs and medical equipment absolute joke we allow companies to hold patents on cures and treatments and allow research to be done behind closed doors"

I dont work for free. I dont imagine many do. The capital costs to develop a drug is huge and then it has to pass testing and various country safety standards. None of that is cheap, none of that is easy. So an amount of time to recoup those costs is necessary if we want anyone to develop new drugs, medical tech, etc. Then when the patent expires anyone can take that hard work and make a generic version.

Much cheaper (still expensive) to make a generic than to develop new cures, but new cures are what we want.

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