In 1980, Congress passed the Patent and Trademark Act amendments to encourage universities to patent inventions made in the course of government-sponsored research, and federal grants are non-redeemable or gifts from tax payers money. Then in 1984, Congress found that the effective life of patents for pharmaceuticals was shortening as a result of the significant amount of time often required for pre-market approval by the Food and Drug Administration (FDA). Congress also found that the decrease in patent life was causing a decline in the introduction of new research, so they extended the life of patents to 17 years … Although the benefit of social good and professional recognition can be a motivation; financial profit is often the critical incentive for inventors to conduct vital research. By granting longer terms of patent protection, patentees will have an opportunity to receive royalties for a longer period of time. As more royalties are earned, more money can be invested in funds for future research and development, so researchers and non-profit institutions like Universities and large research labs are enriched by the patents. (VIRGINIA JOURNAL of LAW and TECHNOLOGY 1996)
Now you may ask why so many researchers and scientists adamantly discourage the progression and innovation of revolutionary medical procedures like stem cell treatments. Think of the implications of the unleashing power of stem cell treatments capable of replacing their patented chemical drugs and royalties. There is no doubt that stem cell innovation as an “individual medical treatment” will irrevocably devastate the drug industry, future research funding, and patented royalties, not to mention render most of their prolonged research meaningless. This is something to keep in mind when you hear research scientists saying that autologous stem cell treatments are unproven, dangerous, and justifiably a chemical drug. In truth, there is a significant conflict of interest. We need to expose these researchers whenever you hear them in blogs by replying with same information above. The general public and most news outlets are not aware of their selfish interests, and their repercussion in stalling stem cell treatments in order to line their pockets. Meanwhile, think about the consequences and affects of patients’ mortality and suffering waiting in the sidelines having the rights to their own stem cells taken away.
Now you may ask why so many researchers and scientists adamantly discourage the progression and innovation of revolutionary medical procedures like stem cell treatments. Think of the implications of the unleashing power of stem cell treatments capable of replacing their patented chemical drugs and royalties. There is no doubt that stem cell innovation as an “individual medical treatment” will irrevocably devastate the drug industry, future research funding, and patented royalties, not to mention render most of their prolonged research meaningless. This is something to keep in mind when you hear research scientists saying that autologous stem cell treatments are unproven, dangerous, and justifiably a chemical drug. In truth, there is a significant conflict of interest. We need to expose these researchers whenever you hear them in blogs by replying with same information above. The general public and most news outlets are not aware of their selfish interests, and their repercussion in stalling stem cell treatments in order to line their pockets. Meanwhile, think about the consequences and affects of patients’ mortality and suffering waiting in the sidelines having the rights to their own stem cells taken away.
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