Intellectual property rights protection is a critical issue for the pharmaceutical industry among others.

Question

Quizplus · Accepted Answer

Intellectual property rights protection is crucial for the pharmaceutical industry as it enables them to protect their investment in research and development, and encourage innovation by providing exclusivity for their products. It also ensures that they are adequately compensated for their efforts, which in turn helps to fund further research and development. Without strong intellectual property rights protection, the pharmaceutical industry would be less incentivized to invest in new drug development, which could have negative consequences for public health.

Intellectual Property Rights Protection Is a Critical Issue for the Pharmaceutical