00:00A 20-year drug patent never actually expires when the legal clock finally runs out today.
00:05The system allows corporations to extend their control over life-saving medicine through clever legal maneuvers.
00:13Corporate monopolies remain alive by slightly altering a single molecule within an aging drug formula.
00:19This minor chemical tweak allows them to claim a brand new invention for the courts.
00:24They call this practice evergreening, a strategy designed to block affordable generic competition indefinitely.
00:31It ensures that the lowest possible price is never reached for the average consumer.
00:36By filing hundreds of secondary patents, they create a dense legal thicket no competitor can penetrate.
00:43Lawyers become more important than chemists when protecting these massive streams of passive revenue.
00:49While the fundamental science was often taxpayer-funded, the private profits remain legally protected forever.
00:56You are essentially paying twice for the same discovery through taxes and high pharmacy bills.
01:02A minor modification to a pill coating effectively resets the clock on their exclusive pricing power.
01:09This allows them to maintain a total monopoly without offering any real therapeutic benefit.
01:14Your monthly insurance premiums skyrocket because real competition is banned by armies of corporate attorneys.
01:22They use the legal system to keep prices high while patients struggle to afford care.
01:28These firms frequently spend more on protecting legal monopolies than they do on actual medical research.
01:34The law was once meant to reward invention, but it now functions only to subsidize permanent extraction.
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