Biotechnology: The Patenting of DNA Message Board

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Biotech / Medical : Biotechnology: The Patenting of DNA

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To: RCMac who wrote (21)	6/28/1999 11:08:00 PM
From: LLCF	Read Replies (1) of 37

< at some point the tool user may determine that is not worth pursuing a risky drug development project if they anticipate significant erosion of margins due to royalties,> You know it's funny how one can whine about "royalty stacking"... If I were to form a risky venture, I would love everyone to let me use their tools for a piece of the pie instead of having to buy them or rent them with upfront money. Who are we kidding, if the things a bust no one gets a dime, just as it should be. It's all a matter of how big the royalty demanded, slam it in a spread sheet and see if the project makes sense. If not, bid the tool owner lower... if he says no, fine. It's been fat city for these guys for so long they can't see the world under their fat stomachs! By the time I retire bio's will be telling these "commodity" big pharma guys that 10% is too much just to market these new drugs.... better make it 7.5% or I'll go to LLY! This thing sells itself! DAK

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