How Much Money Did Jonas Salk Forfeit By Not Patenting The Polio Vaccine?
forbes.com
forbes.com
Note that the patent system did exist and he chose not to use it, so murky questions of incentivization should that system exist or not exist needn't be raised. He just chose not to enrich himself so that more people could live. 10,000 Nathan Myhrvold's couldn't fill one of this guy's shoes.
https://en.wikipedia.org/wiki/HeLa
Like many fortunes, one made on the back of a Polio vaccine would have been made with a crime, originally...
I think Salk was too interested in simply eradicating polio to think of personal enrichment though.
How much would you want to consent to a tissue sample? Me ... I'd do it for free to help science. I think most people would consent for $100 dollars and almost everyone would consent for $1000. So that puts some numbers on the 'crime'.
I think we have great difficulty today understanding what life was like in parts of America with epidemic breaks before there was a vaccine for polio. There were children in iron lungs for weeks.
I can't imagine anyone developing a vaccine or a cure for something like that and not simply giving it away. The breakthrough with polio doesn't compare to anything else in patentable medicine. Salk's work stands alone.
http://www.google.com/hostednews/afp/article/ALeqM5iRLtCGzuK...
The lives I'm thinking of weren't just Americans.
There were people in iron lungs for lifetimes
How many people can claim to have (mostly) freed humanity from a diseases? Think about that. Think about all the pain and suffering that never was.
> How many people can claim to have (mostly) freed humanity from a diseases?
Perhaps Bill Gates, soon. I liked his 60M interview recently, where he has plans for several diseases. Quite awesome.
How many lives did Jonas Salk saved by not patenting the polio vaccine?
Not to criticize the article, but the implicit assumption is that he would have gotten all of the royalties. But would he have gotten as much scientific credibility in the long run? Would Sabin's vaccine been used exclusively and Salk's vaccine descended into obscurity? How would these consequences have translated into financial gain?
But not to take anything away from him. What he did was great, and he probably would have been rich by patenting it. Just not $7bn rich.
I contribute with one: Cesar Milstein http://en.wikipedia.org/wiki/C%C3%A9sar_Milstein for more information read specifically "A missed opportunity? The patent saga" http://www.whatisbiotechnology.org/exhibitions/milstein/pate...
If there was a higher price due to patents I wouldn't expect so much of the third world to be immunised, as a lot of those countries depended on aid to distribute the vaccine. I'd also expect first world countries without socialised healthcare to have more non-immunised people.
Also many. It's many dollars. </pedant>
Had he patented the vaccine, the disease would most likely still be endemic, and the immunizations still be sold. How much is that worth?
One could speculate on some factors such as population, uncertainties of the future worldwide validity of the patent (e.g.: How long would the market reserve last) and regulation changes, but the present(past) value of a patent is hard to determine, specially if the world we know doesn't have it.
Also, I don't know what OP meant, but I read 'How much money', not dollars
(1)25 years ago not even the richest men in the world had HD tv. Even if one could focus his wealth to create one for himself, it would have been nearly useless. I'd rather be a poor man in a rich world than a rich man in a poor one.
Parents are all well and good unless people die solely because of them.
The complication is that not all lives are valued the same, and certainly not valued the same by everyone. We spend tens of billions per year to protect the President, which isn't just about his life but about the cost to the economy (and nation in general) if anything happens to him. We probably could save a kid in the ghetto for $50k in job training and mentorship, rather than having him kill someone and/or get killed himself.
http://en.wikipedia.org/wiki/Value_of_life is an introduction. It's a pretty fascinating concept.
It's one of those odd situations that I think gets a different answer depending on what responsibility you feel. If the entirety of my wealth is $2.5m I don't think I would spend it to save the life of somebody I don't know. But would I go out and murder someone for that money? I don't think so.. and hope not. Both of the same are, I think, true for $100k.