Intellectual Property - pros and cons

It's hard to feel sorry for them. The logic of having always increasing profits and if they fall it's a massive disaster just isn't right.
What does an 8% loss of 4.9 billion a year mean? The CEO can't feed their kids? It's still a huge profit.
They say the industry stands to lose x-amount of profit due to generics, but it's not as if that money will disappear from the economy, it just gets redistributed and there will be growth in other areas that people can now spend that money on.

It seems a little callous to complain that an osteoporoses drug will be available cheaper.

ETA..
Interested in gaining a 6-month stay of execution on the patent front, Purdue mounted the necessary clinical trial for a group of 6- to 16-year-olds, sparking a significant amount of discussion about the wisdom of exposing children to one of the most addictive meds on the market. Purdue responded to the hubbub by saying that it wasn't promoting the use of OxyContin among kids, but felt that pediatricians who were treating children for chronic pain could benefit from a better understanding of how it works. Purdue has been forced to pay hundreds of millions of dollars in fines for misleading patients on the addictive nature of the drug, but the blockbuster revenue has helped ease the pain.
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Aww, sweet.
 
It's hard to feel sorry for them. The logic of having always increasing profits and if they fall it's a massive disaster just isn't right.
My primary complaint with the whole paradigm of the modern age in a nutshell right there... this idea that the end of growth equates to death instead of maturity, and the drive to keep everything growing at any cost.
 
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