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TED Talks Daily — Why are drug prices so high? Investigating the outdated US patent system | Priti Krishtel
Not scored yet12m·2020-01-16·Arts Culture

Why are drug prices so high? Investigating the outdated US patent system | Priti Krishtel

TED Talks Daily

Between 2006 and 2016, the number of drug patents granted in the United States doubled -- but not because there was an explosion in invention or innovation. Drug companies have learned how to game the system, accumulating patents not for new medicines but for small changes to existing ones, which allows them to build…

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