Western Drug Companies And The Aids Epidemic In South Africa

Case Analysis: Western Drug Companies and the assist epidemic in in the south Africa
In December 1997, the g everyplacenment of South Africa claimed to be unable to afford the high cost of occidental doses, so they passed a law that authorized two disputable practices, which are parallel importing and compulsory licensing. These practices allow importers to get drugs from cheaper sources and ignore they were evident protected; also allow 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 property 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 afraid other countries would follow the suit and soon many consumers would demand 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 lower 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 process of drug development is very valuable and time-consuming. It is also very risky, so the companies need to protect the adroit property laws in order to maintain the incentive to innovate. It could retort up to hundred million and more than ten years to develop a drugs which can bring it to market. Less than unrivaled in five compounds that could enter the clinical trials actually call on marketed drugs. Only 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: Orderessay



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