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Drug patents create short-term monopolies. The deal is simple: the drug inventor makes its formula public and in exchange is __(36)__ a competition-free run at the market, lasting up to 20 years. This gives pioneers time to __(37)__ the costs of researching and developing new compounds, vital when creating a new medicine can cost up to $5 billion. The patent guarantees a __(38)__ return, meaning companies have both the means and the incentive to keep innovating.
When the patent reaches its expiry date, the comfortable monopoly evaporates, replaced by __(39)__ competition. __(40)__ have three ways of defending themselves. They are marketing, nudging customers towards newer drugs still protected by patent, and paying the competitors not to produce.
(承第36題題組)第37題空格:This gives pioneers time to _____ the costs of researching and developing new compounds.
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Brender
Crecoup正確答案
Drelease
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