2min chapter

TED Business cover image

Why are drug prices so high? Investigating the outdated US patent system | Priti Krishtel

TED Business

CHAPTER

Introduction

Inventors of the fidget spinner didn't get to benefit fully from their invention. The patent system ultimately exists for this purpose, but is there a scenario where our current process for patenting ideas or inventions ends up herting? Prety criste shares how a big increase in drug patents has led drug prices to sky rocket and offers suggestions for how to re design the system.

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