If a pharmaceutical company discovering a new drug is not granted a patent to retain its monopoly power on the drug,:

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Quizplus · Accepted Answer

Without the potential for patent protection, pharmaceutical companies have less incentive to invest in expensive research and development efforts to discover new drugs. This is because they would not be able to recoup their costs and generate profits from the drug sales. Therefore, research and development in discovering new drugs is likely to decrease if a patent is not granted.

If a Pharmaceutical Company Discovering a New Drug Is Not