Medicine. They often come in the form of pills. Being made by the pharmaceutical companies.
After much research available for you. They have spend a lot of money , time and effort to make it. That you can see in the prices they are asking. In many cases its huge. Its for a reason that the pharmaceutical sector is one of the best profit making sectors there is.
In most cases they have a patent and therefore the sole right to ask what they want. A monopoly in words. The patentright is lasting for 20 years. But even after that they mostly hold power. They are enforcing in many cases a right of exclusivity on the market. So they can continue their monopoly even further. They are making gigantic profits with it.
Development of medication costs money. But how much money it exactly costs they do not show. Real transparency is something we do not get from the companies. The hospitals , health insurance companies and the government do not know what the costs actually are. They do not stand strong against the multinationals looking at in from the perspective of power. Negotiating a reasonable price.
Or do they?? The government could use a parole so they have to renounce the patentright in the concerning country. Than it can be made generically and local. As long as they dit not got the right of exclusivity. Because than there is no other thing than to accept the situation.
This is however frequently the case. No wonder that the costs of health and social security are the main fields of expenses for the Dutch. Both around 80 billion.
It looks strongly that there is no case of fair profit. Putting it mildly. From my perspective there should be no more granting of the right of exclusivity. Via the principle of the parole the real costs should be made clear in detail. Based upon those costs grant a fair profit. Et voila a fair price.
There are more things that matter. More detailed information. But you could read this book , Private Patents And Public Health , if you are interested.
You can download it freely on: http://haiweb.org/publication/private-patents-public-health-changing-intellectual-property-rules-access-medicines/
Everybody thinks that through patentright innovation is guarded and taking place. But it also creates monopolies. Raises prices. Obstructs development. Has now a days its own trading and market.
Patents should protect the inventor to develop his product and bringing it to the market. But in almost all sectors there are lots of patents which are not used at all. Just trying to block your competitors. That kind of shit.
My idea would be to abolish the right on patents. Innovation should more be made and done on intrinsic grounds. All the lawyers in the business who work on patents should do something that is really worthwhile.