Prescription Drug Price-Controls Violate the Rights of Drug Companies

by Onkar Ghate
July 24, 2002

Excerpt:

"Do not be so short-sighted as to think that violating the drug companies'
property rights will benefit you. For what is to become of you thirty years from
now, when you are stricken with cancer but cannot buy the next Lipitor that
would have been invented by the research that would have existed if only drug
companies had been free to earn the profits necessary to fuel their vast
research programs?

It is no accident that despite the massive spending by other countries on health
care, America produces most of the world's new drugs: America most respects
intellectual property rights."

http://capmag.com/article.asp?ID=2021