Big Pharma Patent Tactics & Regulatory Failures

Biohackers Connect

Hacking the Human System

Cici Zhao

·2 years ago

shared a link post in group #Biohackers Connect

Oh cool, so if a compound actually works, it gets snatched up by Big Pharma, legally bullied out of existence, or paywalled behind a prescription? Love that for us. 🙃  Isn't this when when regulation should step in? But then you look at how deep the pharma lobby’s pockets are, and suddenly the government is just… conveniently absent.  Capitalism is supposed to foster innovation and give consumers better options, but instead, it's blocking that. What’s the move here—just accept it? Or is there any real way to push back against this nonsense? 😠🤬

This article discusses strategic patenting by pharmaceutical companies and argues that it requires intervention by competition authorities.

https://lithub.com/how-bi..

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 #Healthspan Advocates 
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lithub.com

How Big Pharma and Big Tech Collude To Exploit Basic Human Needs

What makes technological change happen? How are technologies—the artifacts, systems, and infrastructures that intervene in and reshape the material world—developed? Contrary to popular imagination,…

Jerome Cody
Right?! It’s infuriating how the system ...
It is like playing whack-a-mole 😒every time regulators try to rein in Big Pharma, they just shift tactics and keep the cycle going. 😤 But there have been a few wins. Remember when public pressure forced the price drop of insulin after years of outrage? Or when legal battles over price-gouging tactics (like Martin Shkreli’s infamous Daraprim case) actually led to consequences? pbs.org/newshour/show/pha.. The problem is, these victories are rare and usually take years—which is exactly what these corporations bank on. So how do we scale up the pressure? Boycotts? Mass petitions? Or do we need an entire movement like what happened with net neutrality to even make a dent? It all seems futile 😠
www.pbs.org
Pharmaceutical giant slashes insulin prices after pressure from government and consumers
More than seven million Americans rely on insulin and prices for the life-saving drug have sky-rocketed. With pressure mounting on pharmaceutical companies to address the cost of diabetes care, Eli Li

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