The answer depends on your view of free markets and competition. If you believe in free markets and competition, the answer is yes. If you believe in government control of the economy and the government choosing the winners and losers, you will grant the corporation a monopoly, called a patent, and help them prevent competitors offering a lower priced, better quality product which takes their market share and drives out their monopoly profit.

Note that there is no requirement to patent a drug or anything else, and one can protect one's idea by keeping it secret. The problem is that the mere existence of your product on the market makes it clear that the product can exist, so the hundreds of people who did most of the work to make that product possible, all the chemists and researchers and grad students and private research foundations and government research grants, will also find it easy to reinvent the key idea and improve on it. What patents promoted was the publication of ideas, instead of keeping them secret, in order to speed up the competitive process, and thus make the patents pretty worthless as new innovations beat them out.

Bottom line is that conservatives are largely anti-free market because the free market requires constant effort to stay competitive and that disturbs the social order as young people and immigrants get ahead the start competing with the lazy old order of conservatives who think they deserve to have everyone else pay them for what they did a decade ago, or better yet, 50 years ago, or even better, get paid for what their ancestors did.