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Odds are the "make a cure from it" part would be a human invention and therefore patentable. And even if all "cures" are no longer patentable - society wants cures to diseases. So …

If companies stop doing research then the research can be done by universities or similar institutes.

Let's say a country established a law that prohibits alcoholic beverages...

Yes, competition is a real risk in starting a business - welcome to the free market! Unless, of course, you're a JJ's employee that has signed a non-compete ; - )

I almost dropped out of university as I couldn't stay focused on my studies, instead I was compulsively playing Starcraft and Age of Empires. Fast forward a few years an I was stru…