From: Emlyn O'regan (oregan.emlyn@healthsolve.com.au)
Date: Thu Mar 06 2003 - 19:31:27 MST
> Basically every psychedelic drug that has become even slightly popular
> in the last 30 years was discovered by Shulgin, who used himself and
> his friends as guinea pigs. He did this out of personal enthusiasm.
> There's no market incentive in the black market to discover new drugs.
> As a matter of custom, those who develop new psychedelic drugs release
> their chemical structures and synthesis steps into the public domain.
> Even if they didn't, there would be no effective way to protect a
> patent on an illegal substance.
>
> mez
This could be taken as strong evidence in support of intellectual property
regulation, in its role as a protector/encourager of innovation. What is
shown is that, in the absense of any mechanism to protect IP in the area of
illegal drugs, real innovation is very low.
Comments?
Emlyn
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