Western Drug Companies And The Aids Epidemic In South Africa

Case Analysis: Western Drug Companies and the assist pestilent in in the south Africa In December 1997, the g e veryplacenment of South Africa claimed to be unable to afford the high bell of occidental doses, so they passed a lawfulness that authorized 2 disputable practices, which are parallel importing and compulsory licensing. These practices exit importers to get drugs from cheaper sources and ignore they were evident protected; also reserve license local companies to produce cheaper version of drugs and ignore the permission of those patent holders. The law seems against international agreements on protect dimension 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 hydrophobic other countries would follow the suit and soon m all consumers would pauperization the same. However, South Africa was suffering with assis t 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 abase 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 assist of drug development is very valuable and time-consum ing. It is also very risky, so the compani! es need to protect the adroit property laws in club 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 basketball team compounds that could enter the clinical trials actually call on marketed drugs. altogether few drugs can earn profits that die their cost of capital. So drug...If you want to get a integral essay, order it on our website: BestEssayCheap.com

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