Innovation of drug companies

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Let's say Congress passes a law tomorrow explicitly banning pharmaceutical companies from extending patents of existing drugs by making minor modifications to the drug's chemical structure. (Evergreening) Do you think this would affect the innovation of drug companies? In other words, would we expect to see fewer new drugs being produced each year if this happened? (There's no right or wrong answer here, but you must make a sound argument to receive full credit).

Reference no: EM133064133

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