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Old 08-27-2016, 07:55 PM
 
79,908 posts, read 44,064,775 times
Reputation: 17204

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Quote:
Originally Posted by lvmensch View Post
Again patents are not limited by citizenship. And will not be.
I never discussed anyone's citizenship.

Quote:
The patents were not on US funded development. They are on improvements to the device. And the US may well contract with a private developer for a capability while the IP rights stay with the developer. The US may require the right to use those IP rights but not always. Some developers will not do the development if not retaining the rights. A matter of the contract actually negotiated.

Think about it. If you have personal expertise or a team specializing in an area are you going to give away the work product because you use those skills to develop a particular gizmo for the US. Not going to happen if the developer is actually dominant in an area.
Those willing to develop a $1 item to sell for $50 would be nearly unlimited.
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Old 08-27-2016, 08:07 PM
 
Location: Lone Mountain Las Vegas NV
18,058 posts, read 10,285,869 times
Reputation: 8828
Quote:
Originally Posted by pknopp View Post
I never discussed anyone's citizenship.



Those willing to develop a $1 item to sell for $50 would be nearly unlimited.
You do not understand patents. They go to individuals not corporations .

There are vast numbers of things that cost little and sell for a lot. Advice is high on the list. .
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Old 08-27-2016, 08:20 PM
 
79,908 posts, read 44,064,775 times
Reputation: 17204
Quote:
Originally Posted by lvmensch View Post
You do not understand patents. They go to individuals not corporations .
At best, far, far, far too simplistic. Just to keep it simple. Are you saying a corporation can't buy a patent and hence then own it?

Quote:
There are vast numbers of things that cost little and sell for a lot. Advice is high on the list. .
Which wasn't the point was it?
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Old 08-27-2016, 08:21 PM
 
7,280 posts, read 10,917,839 times
Reputation: 11491
Quote:
Originally Posted by jambo101 View Post
While you may want to dwell on the fact that the CEOs dad is a democrat. the company itself is American and employs 35000 people and is an example of the free market system in action with its outlandish price increase of its Epipen.Perhaps government should step in socialist style and tell Mylan what prices it should sell its products for?
You completely missed the sarcasm used to illustrate the hypocrisy.

Last edited by Mack Knife; 08-27-2016 at 08:39 PM..
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Old 08-27-2016, 08:30 PM
 
Location: *
13,242 posts, read 4,900,441 times
Reputation: 3461
Quote:
Originally Posted by lvmensch View Post
You do not understand patents. They go to individuals not corporations .

There are vast numbers of things that cost little and sell for a lot. Advice is high on the list. .
Quote:
Originally Posted by pknopp View Post
At best, far, far, far too simplistic. Just to keep it simple. Are you saying a corporation can't buy a patent and hence then own it?



Which wasn't the point was it?
Listen guys, both of you are making great points & all but when Mr. Trump becomes President, none of this will even matter.

Quote:
..."When it comes time to negotiate the cost of drugs, we are going to negotiate like crazy,†Mr. Trump told a crowd of several hundred people gathered at a town hall-style campaign event here. ...

To follow through with the pledge, Mr. Trump would likely have to convince Congress to grant him the authority — Medicare is at present barred by law from negotiating lower prescription prices with pharmaceutical manufacturers. Bills have been introduced in recent years to allow the government to negotiate for Medicare Part D prescription plans, but none have gained traction in Congress.. ...
http://blogs.wsj.com/washwire/2016/0...e-down-prices/
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Old 08-27-2016, 08:32 PM
 
79,908 posts, read 44,064,775 times
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Quote:
Medicare is at present barred by law from negotiating lower prescription prices with pharmaceutical manufacturers.
Sad isn't it?
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Old 08-27-2016, 08:34 PM
 
Location: *
13,242 posts, read 4,900,441 times
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Quote:
Originally Posted by pknopp View Post
Sad isn't it?
Yup.
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Old 08-27-2016, 08:36 PM
 
Location: Lone Mountain Las Vegas NV
18,058 posts, read 10,285,869 times
Reputation: 8828
Quote:
Originally Posted by pknopp View Post
At best, far, far, far too simplistic. Just to keep it simple. Are you saying a corporation can't buy a patent and hence then own it?



Which wasn't the point was it?
The patents go to individuals. They can be assigned to anything. But they are not granted to corporations. So you want to limit the right of the individual receiving a patent to assign it as he or she sees fit?

You are out of your depth.

Medical devices should be regulated. That includes the prices charged. Free market and medicine are not compatible.
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Old 08-27-2016, 08:38 PM
 
79,908 posts, read 44,064,775 times
Reputation: 17204
Quote:
Originally Posted by lvmensch View Post
The patents go to individuals. They can be assigned to anything. But they are not granted to corporations. So you want to limit the right of the individual receiving a patent to assign it as he or she sees fit?
You didn't answer my question so there is really no need to continue.
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Old 08-27-2016, 09:11 PM
 
Location: *
13,242 posts, read 4,900,441 times
Reputation: 3461
Quote:
Originally Posted by lvmensch View Post
The patents go to individuals. They can be assigned to anything. But they are not granted to corporations. So you want to limit the right of the individual receiving a patent to assign it as he or she sees fit?

You are out of your depth.

Medical devices should be regulated. That includes the prices charged. Free market and medicine are not compatible.
Senator Amy Klobuchar sponsored, along with 6 D & 2 I co-sponsors, no real traction though:

Medicare Prescription Drug Price Negotiation Act of 2015

Amends part D (Voluntary Prescription Drug Benefit Program) of title XVIII (Medicare) of the Social Security Act to direct the Secretary of Health and Human Services to negotiate with pharmaceutical manufacturers the prices that may be charged to Medicare part D prescription drug plan (PDP) sponsors and MedicareAdvantage (MA) organizations for covered part D drugs for part D eligible individuals who are enrolled under a PDP or under an MA-Prescription Drug plan.

https://www.congress.gov/bill/114th-.../31/cosponsors
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