bird flu in economic prespective

A Different Approach to Develop avian grippe do drugss Introduction In 2003, a new biologic threat arises from the east, it is called Avian Flu or in laypersons bound bird flu. One strand that has been identify by scientists to be highly lethal is H5N1 computer computer computer virus. Although the spread of virus has been r ar, at that place are sufficient findings showing that the virus is evolving into more efficient and tranquil killer (CDC). It is only a matter of time in the first place the virus becomes easily transferable from human to human via air. In the midst of all of this, the pharmaceuticals companies are jostling, lobbying, and fighting over touch on monopolies rights to secure future lollys. One then must ask, what is load of raking ample profits, when everyone that you know is dead. As a result, developed nations who contrive the smashing and technical know-how are lagging behind monitoring, treating, and creating vaccinum for this evolving reticent killer. It does not take a rocket scientist to foreshadow monopoly. To shape up private sector to develop new drugs, the politics grants ostensible monopolies. With it, they can sell drugs at insane prices, curiously when there is very limited argument or substitution. For example, a drug that usually cost in the market $.01 per pill ends up costing $ atomic number 6 or even more.

This is the dilemma face the pharmaceuticals world today. The patent drug Tamiflu, a drug that is considered to the highest degree effective in treating avian flu is held by Roche, a Swiss pharmaceutical telephoner (MacKellar). A monopolizer company such as Roche would prefer zero comp etition if possible. And, if Roche is squee! ze to license production of Tamiflu, they willing have little motivator to research new drugs. The pharmaceutical industry argues that licensing will go down their future profit. The industrys argument is indeed valid, besides to what extent. Suppose Roche by licensing Tamiflu lose $70 profit from $100 per item, technically theyre still making a profit. And the legality of business states that as...If you want to get a dear essay, arrangement it on our website: OrderEssay.net

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