What Are the Consequences of Losing Intellectual Property?
The loss of IP in cancer research can have several significant consequences:
1. Financial Loss: Companies may lose substantial revenue if competitors exploit their unprotected discoveries. 2. Reduced Innovation: Without the assurance of IP protection, there may be less motivation for researchers to pursue new ideas, slowing the progress in cancer treatment. 3. Legal Battles: Disputes over IP ownership can result in lengthy and costly legal battles. 4. Public Health Impact: Delays in the development and availability of new cancer treatments can adversely affect patients who are in need of innovative therapies.
