Fixing the US healthcare system
Here’s how you fix the rising cost of healthcare in the US…
If your drug company makes a breakthrough discovery, you get a patent with two features:
- A 3-year exclusive, including an optional 2-year grace period for pre-production scaling of commercialization and manufacturing;
- A 50-year fixed-rate royalty on all generics, which can hit the market upon the expiration of your exclusive term (e.g. 5% of global sales)
That both compensates you for the research & development (R&D) amortization, and incentivizes competition on price.