Case Analysis: Western Drug Companies and the assist pestilent in in the south Africa In December 1997, the g e realplacenment of South Africa claimed to be unable to afford the high embody of occidental doses, so they passed a law that authorized ii disputable practices, which are parallel importing and compulsory licensing. These practices seize importers to get drugs from cheaper sources and ignore they were evident protected; also stick out license local companies to produce cheaper version of drugs and ignore the leave of those patent holders. The law seems against international agreements on protect lieu rights, which includes a World Trade Organization agreement on patents. in short thirty-nine foreign drug companies filed a law lawsuit raise to block implementation of the law, because they timid other countries would follow the suit and soon mevery consumers would prerequisite the same. However, South Africa was suffering with assist crisis over past years. By 1997, it was estimated over 3 million of the countrys 45 million people were give with the virus which much than any other country. The conflict arises in the midst of the International law and human rights. Many Western drug companies took actions by get down the price of the medications, even sell AIDS drugs at no profit deals; it still way over the South African affordability.
Now South Africa face more problems, such as a shortage of clinics, doctors, and nurses. It is important for the drug companies to protect their patents because the go of drug development is very valuable and time-consuming. It is also very risky, so the companies n! eed to protect the adroit property laws in order to maintain the incentive to innovate. It could retort up to blow million and more than ten years to develop a drugs which can bring it to market. Less than unrivaled in phoebe bird compounds that could enter the clinical trials actually call on marketed drugs. besides few drugs can earn profits that die their follow of capital. So drug...If you want to get a integral essay, order it on our website: OrderCustomPaper.com
If you want to get a full essay, visit our page: write my paper
No comments:
Post a Comment