That can't happen when there is a government enforced monopoly (patent) on the product.
You can’t make any money on what doesn’t sell.
“government enforced monopoly (patent)”
Another saddening view, demonstrating the lack of understanding of free markets.
Patents are required because patent is property.
E.g., I am the only one that can sell my house. I have a monopoly on it.
Nevertheless, if I price it too high, no one buys it and I lower my price. So your disbelief is unfounded.
Not having a patent system in place would be like someone being able to take my house and sell it out from under me.
In the pharma world, there would be no innovation without patents. No reason to invest millions of dollars in research when someone else swipes it away and charges less because they didn’t have to spend the research money.
It only takes a couple cents to make a pill, and you don’t need a PhD to figure out how to do it.