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Two Pathologies of Patents and Why Prizes Might be Better Amy Kapczynski Assistant Professor of Law University of California at Berkeley Law School UNU Merit Conference Jan. 29, 2008 Two (More) Pathologies of Patents from a Public Health Perspective Formal requirements of patentability don’t match practices of innovation Patents push us towards commodity / technological solutions Disconnect with Innovation Practices Drug candidates may not be novel, may be obvious -but we may have no evidence that they actually work Diluting standards of patent law undermines functions of restrictions on patentability (e.g. limiting static and dynamic inefficiencies) --> Prizes likely better: more tailored, and don’t produce exclusivity Real Non-Excludability Statins vs. exercise / diet Checklists vs. new treatments in the ICU --> Patents can’t incentivize this kind of research; this likely distorts research towards technologies and commodities --> Prizes could pay for this kind of research (but when prizes and when grant funding?)