Company – SCIENCE TECH UNIVERSITY https://sciencetechuniversity.com Your University of Information Fri, 08 Sep 2023 08:48:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.2 Why One Drug Company Held Back a Better Drug https://sciencetechuniversity.com/why-one-drug-company-held-back-a-better-drug/ https://sciencetechuniversity.com/why-one-drug-company-held-back-a-better-drug/#respond Fri, 08 Sep 2023 08:48:19 +0000 https://sciencetechuniversity.com/2023/09/08/why-one-drug-company-held-back-a-better-drug/ why-one-drug-company-held-back-a-better-drug

Drug companies say patents spur innovation. Can they also do the opposite? More episodes ofThe Daily Listen and follow The DailyApple Podcasts | Spotify | Stitcher | Amazon Music 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… Continue reading Why One Drug Company Held Back a Better Drug]]> why-one-drug-company-held-back-a-better-drug

Drug companies say patents spur innovation. Can they also do the opposite?

More episodes ofThe Daily

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.

Rebecca Robbins, who covers the pharmaceutical industry for The Times, discusses one man’s case and how patents can create perverse incentives to delay new and better drugs.

Rebecca Robbins, a business reporter covering the pharmaceutical industry for The New York Times.

Image

Four blue pills against a white surface.
Gilead postponed a new version of an H.I.V. therapy, allowing the drugmaker to maximize profit on other products, documents showed.Credit…Thor Swift for The New York Times

Rebecca Robbins contributed reporting.

Fact-checking by Nicole Pasulka and Susan Lee.

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