Ponder this lopsided statistic for a moment.
The United States, with just 4% of the world's population, generates 64.4% - nearly two-thirds - of all new prescription and biologic drug patents worldwide.
Our nearest individual competitor, Japan, accounts for a distant second at 10.7%, and China merely 0.2%. The entire combined European Union produces 24.8%, or about one-third of what we create, with remaining developed nations accounting for only 6.0%.
That disparity isn't due to blind luck. It's the direct result of America's current and historical standing as the…
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