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To: JC Jaros who wrote (29296)3/22/2000 4:07:00 PM
From: High-Tech East  Read Replies (1) | Respond to of 64865
 
JC, I do not comprehend your point, other than to say that it sounds like you have an issue with medicine in general as well as bio-medical devices combined with our free enterprise capitalistic system.

Abiomed has been developing a TAH since at least 1985. The NIH, a federal agency has provided $20 million and at this point, Abiomed has invested at least that much.

Now, you, JC, want that Abiomed, and Ken Wilson, an investor, should give away the patents at the time when a medical miracle is right around the corner, and company and investor are about to be rewarded for their hard work and risk taking.

If it were not for the profit motive, the AbioCor would be years away, instead of a very probable solution for people in desperate need of the device right now.

What is the wrong with profiting from medicine?

Sun Microsystems make profits from developing and selling servers. Abiomed is trying to do the same with an artificial heart.

Sun Microsystems brought co-founder Bill Joy into the company with a UNIX version developed at the University of California at Berkeley which became Solaris. Abiomed I expect, hired researchers who worked for both the government as well as educational institutions.

The internet was developed with government money at Bolt, Beranek and Neuman (BBN). Are you saying that all the patents developed for the commercialized internet should be declared null and void?

What are you saying? It appears vague to me.

Ken Wilson