KingPhillip wrote:The scientists, their spokespersons, their proponents and the reporter in the article failed to convey their loss in the Court's decision.
We know research will continue. Because the cells are not patentable, other laboratories aren't bound or handicapped by said patent to pursue their research on therapeutic or diagnostic strategies, which are patentable.
We know profits may not be as great. Since when has investments in scientific research guaranteed absolutely and positively monetary dividends? Don't investments carry inherent risks of loss?
We know there aren't investments in research NOW that benefit humans because there's no profit in the ventures.
So, am I missing some tragedies that may befall the whining researchers?
I assume that to get the stem cells working in the way you want them to, you will have to modify them. So if you cant patent the modified stemcells that is one avenue that has now been closed from a commercial perspective.
Or am I missing something
As for loss of profits, well, I have it on good authority that Paracetamol nets more income than any other drug available and I imagine similar 'trade-offs' may well exist in other areas of medicine?
I dont see how the paracetamol example is relevant. A refinement of a drug that has been used in over a 100 years so no research cost. I also suspect it is extremely simply and inexpensive to manufacture, and hence probably is purely down to large scale manufacturing and brand. Stick a well known brand and you can add another pound to the price so a nice extra profit. The price will still only be a few pounds.
That is nothing like it will ever be to treat someone with stem cells....