From The Guardian:
Ownership rights pose a real danger to scientific progress for the public good.
The idea of ownership is ubiquitous. Title deeds establish and protect ownership of our houses, while security of property is as important to the proprietors of Tesco and Sainsbury’s as it is to their customers. However, there is a profound problem when it comes to so-called intellectual property (IP) – which requires a strong lead from government, and for which independent advice has never been more urgently required. The David Nutt affair has illustrated very well the importance of objective analysis of complex social issues.
The myth is that IP rights are as important as our rights in castles, cars and corn oil. IP is supposedly intended to encourage inventors and the investment needed to bring their products to the clinic and marketplace. In reality, patents often suppress invention rather than promote it: drugs are “evergreened” when patents are on the verge of running out – companies buy up the patents of potential rivals in order to prevent them being turned into products. Moreover, the prices charged, especially for pharmaceuticals, are often grossly in excess of those required to cover costs and make reasonable profits.
[Read more at The Guardian]