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:

  1. A 3-year exclusive, including an optional 2-year grace period for pre-production scaling of commercialization and manufacturing;
  2. 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.

“Perfection is achieved not when there is nothing more to add, but when there is nothing left to take away...” 👉 http://annotote.launchrock.com

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