Industry has been lobbying the federal government

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The pharmaceutical industry has been lobbying the federal government for years to have medication patents extended beyond 20 years. The industry's argument is that it is more expense than ever to bring a new medication to market, often costing $100 million dollars or more to complete the trials. If you were a legislator considering this proposal, what would you consider to be the advantages and disadvantages?

Reference no: EM13258022

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Industry has been lobbying the federal government : The pharmaceutical industry has been lobbying the federal government for years to have medication patents extended beyond 20 years.
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