HOP-HEAD
Well-Known Member
Isn't this sort of what pharmacies do with their house brand of brand-name drugs? I mean they have the exact "recipe" in some (most/all?) cases, and sell it right next to the brand name for less.
Yes and No... in the case of drugs, they can only be replicated after their "brand name" patent has expired. Though the patents last about 20 years (I believe), they actually are obtained during the testing, trials, etc... and so they only last about 10 years after the drug is actually approved and on the shelves. Once it's expired... it's essentially free-reign... copy at will. Meanwhile, the brand name company is still trying to pay off the R&D costs, and so they're forced to continue to charge more.