Why are drug prices so high? Investigating the outdated US patent system | Priti Krishtel
TED Health
00:00
The Patent Office Needs to Be More Than a Black Box
The revenue of the en office is directly linked to the number of patents that it grants. Right now, after a patent is granted, the public has no legal standing. In two thousand six in india, my organization worked with patient advocates to challenge legally unjust drug patents. We were able to bring down the prices of medicines by up to 87%. On just three drugs, we were able to save health systems half a billion dollars. Now, cases like these can save millions of lives and billions of dollars. Imagine if americans had the right to go to court too.
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