Eventually, it will happen. But less money will be made. My professor at Uni has made most of his money by having his chemical patents baought up and SHELVED. Follow the money, and you won’t be far wrong.
Agreed - less money will be made by the industry, but the first entrant will not care about the industry, only their own profits. The idea of a shelved cure is intriguing - I don’t know enough about the business to say whether a small pharma co that thought they really had the cure for herpes would allow a larger player to buy the patent. I would imagine it would take a tremendous amount of money to match the amount made by going to market with it (essentially 100% market share and nearly instantaneously).
No doubt though that the pharma industry is fucked up beyond belief. Same with healthcare, but that’s another issue.