-- but Glaxo contends that Cipla violates the companies' patents and international intellectual- property agreements"(Boseley, 2002). In moral defense of its actions, Glaxo's CEO, told shareholders "Some people might see patents as the obstacle to getting medicines to patients in poorer countries. Nothing could be further from the truth....Even in countries where low cost generics are available millions of people are dying every year because they cannot obtain low cost generic treatments for malaria, TB and other common diseases. We should also remember that 95% of the medicines on WHO's Essential Drugs List are not covered by patent protection anywhere in the world, let alone in developing countries, many of which have no effective intellectual property laws" (Samson, 2001). Still, a recent scandal revealing that "nearly $18 million worth of reduced-price HIV drugs intended for impoverished Africans have been intercepted by profiteers and shipped back to Europe to be sold at marked-up prices, according to a current investigation," which meant "nearly a quarter of the supply of the antiretroviral drug Combivir intended for African HIV / AIDS patients has not reached them in the last year" has not helped boost Glaxo's credibility or image ("HIV Drugs for Africa Diverted to Europe, 2002, CDC). Moreover, despite Glaxo's anxiety at setting a bad precedent, the target market can hardly exercise much...
Health care advocates in Africa contend that "Poor countries should be guaranteed the right to make their own generic drugs and import them from elsewhere" (Boseley, 2002). If Glaxo does not cut its prices and wins the legal patent war, it is hard to see how the innovative medication it has derived will benefit anyone, even Glaxo.
Recent reports released by UNAIDS has confirmed the fact that Nevirapine treatment is still beyond the reach for 90% of HIV infected pregnant women. [Elizabeth Glacier Pediatric AIDS Foundation] Government Initiative It goes without saying that the commitment and active participation of the government are vital in containing the rapid outbreak of the disease. Political, religious and infrastructural predicaments have been the main reasons for the uncontrolled spread of AIDS in
He says that if the prices are still too high, the UN should offer subsidies. (Boseley, 2003) 2. Rupert Bondy - Senior Vice President and General Counsel He played a key role in the merger between Glaxo Welcome and SmithKline as well as after the merger. Bondy developed an efficient post merger legal department and he ensured legal representation to all organizational departments. (Practical Law Company, 2003) 3. John Clarke - President,
As a result, this protection was removed to increase the supply and ensure that the public has access to affordable drugs. ("Pharmaceutical Companies," n.d., pp. 97-99) Some of the negative implications of this decision are that there could be large amounts of generic drugs produced. This is because the various protections were removed to the point, that a number of players could begin manufacturing the medication. Over the course of
Japanese-American Biopharmaceutical Industry in the 21st Century Optimizing Ethical Drug Availability Between These Two Pharmaceutical Superpowers" The Japanese-American biopharmaceutical industry represents an ongoing international effort between the two top pharmaceutical markets in the world. These two economic powers provide consumers with a majority share of all pharmaceuticals produced in the world. However, a number of pharmaceutical products that are currently available to U.S. residents are unavailable to Japanese consumers. From a humanitarian perspective, this
Again, Mc Donald's has managed to deal with competitive threats posed by both these market players due to the fact that the prices that Burger King, Starbucks and Costa Coffee charge are much higher than that charged by Mc Donald's. The primary reason behind higher prices of Costa Coffee and Starbucks is the fact that their target market is much stronger and niche as compared to that of Mc
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