full transcript

From the Ted Talk by Priti Krishtel: Why are drug prices so high? Investigating the outdated US patent system

Unscramble the Blue Letters

Now I want to be really clear about something. This isn't about making the pharmaceutical industry the bad guy. What I'm tnlaikg about today is whether the system we created to promote progress is actually working as intended. Sure, the prieacatcaumhl companies are gaming the sytsem, but they're gaming it because they can. Because we have failed to adapt this system to meet today's riaelties. The government is handing out one of the most prized rewards in business — the opportunity to create a product that is protected from competition — and asking for less and less in ruertn on our behalf. Imagine awarding 100 Pulitzer Prizes to one author for the same book.

Open Cloze

Now I want to be really clear about something. This isn't about making the pharmaceutical industry the bad guy. What I'm _______ about today is whether the system we created to promote progress is actually working as intended. Sure, the ______________ companies are gaming the ______, but they're gaming it because they can. Because we have failed to adapt this system to meet today's _________. The government is handing out one of the most prized rewards in business — the opportunity to create a product that is protected from competition — and asking for less and less in ______ on our behalf. Imagine awarding 100 Pulitzer Prizes to one author for the same book.

Solution

  1. return
  2. system
  3. realities
  4. pharmaceutical
  5. talking

Original Text

Now I want to be really clear about something. This isn't about making the pharmaceutical industry the bad guy. What I'm talking about today is whether the system we created to promote progress is actually working as intended. Sure, the pharmaceutical companies are gaming the system, but they're gaming it because they can. Because we have failed to adapt this system to meet today's realities. The government is handing out one of the most prized rewards in business — the opportunity to create a product that is protected from competition — and asking for less and less in return on our behalf. Imagine awarding 100 Pulitzer Prizes to one author for the same book.

Frequently Occurring Word Combinations

ngrams of length 2

collocation frequency
patent office 8
patent system 8
outdated patent 2
rising drug 2
drug patents 2
patent wall 2

ngrams of length 3

collocation frequency
outdated patent system 2

Important Words

  1. adapt
  2. author
  3. awarding
  4. bad
  5. behalf
  6. book
  7. business
  8. clear
  9. companies
  10. competition
  11. create
  12. created
  13. failed
  14. gaming
  15. government
  16. guy
  17. handing
  18. imagine
  19. industry
  20. intended
  21. making
  22. meet
  23. opportunity
  24. pharmaceutical
  25. prized
  26. prizes
  27. product
  28. progress
  29. promote
  30. protected
  31. pulitzer
  32. realities
  33. return
  34. rewards
  35. system
  36. talking
  37. today
  38. working