r/news Jan 14 '22 Evil Cackle 3 Silver 19 Gold 1 Helpful 19 Wholesome 18

Shkreli ordered to return $64M, is barred from drug industry

https://apnews.com/article/martin-shkreli-daraprim-profits-fb77aee9ed155f9a74204cfb13fc1130
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u/TittyMcNippleFondler Jan 14 '22

But how would they make money after all the expenses related to research and development that were funded by grants that were funded by our tax dollars?

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u/Gingorthedestroyer Jan 14 '22

When inventor Frederick Banting discovered insulin in 1923, he refused to put his name on the patent. He felt it was unethical for a doctor to profit from a discovery that would save lives. Banting’s co-inventors, James Collip and Charles Best, sold the insulin patent to the University of Toronto for a mere $1. They wanted everyone who needed their medication to be able to afford it.

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u/Lisa-LongBeach Jan 14 '22

Same for Jonas Salk… I believe his response to why not patent his cure for polio was “Would you patent the sun?” A different world and morals today sadly.

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u/Jonne Jan 14 '22

Yeah, ask a capitalist if they would patent the sun and they'd be on the first rocket to the interplanetary patent office.