Minister Sean Sherlock has announced Ireland is to hold a referendum on the creation of the EU Patents court.How would you vote on this?Originally Posted by euobserver.com
For me this will come down partly to the question of whether it brings cheaper generic drugs to Ireland, or rolls back generic drugs in Europe. We need an honest debate on this. Are the pharmaceutical industry lobbying for this or against it? In the UK, generic drugs have an 80% penetration rate, compared to perhaps 5% here.
Against that, EU-wide patents would provide greatly expanded incentives for innovation, as companies across the EU would have to pay inventors for using their technology.