Even with regulations, we have pharma companies behaving wantonly. Leave the markets unregulated and we will have worse behavior. Also, there is a lot of self regulation that the pharma companies are expected to do.
There are serious issues with the current models used by Corporations <> Science, and I'd expected HN to be a little more rational.
Bottom line: if $ is at stake, of course "rational actors" will fudge their lines to prevent losses. It's not rocket science.
Now - I've included a couple of decent links, to extremely well researched and honest analysis. If I get down-voted, I feel that HN has lost the spirit that drove most early coders.
A =! A is not an objectivist philosophy, it's Logic, and what code is based upon. Ideology can go take a flying leap, this is Science.