bird flu in economic prespective

A Different Approach to Develop avian grippe do drugss Introduction In 2003, a new biological threat arises from the east, it is called Avian Flu or in laypersons bound bird flu. One strand that has been set by scientists to be highly lethal is H5N1 computer computer virus. Although the spread of virus has been r ar, thither 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 thick of all of this, the pharmaceuticals companies are jostling, lobbying, and fighting over undecomposed monopolies rights to secure future lollys. One then must ask, what is load of raking massive profits, when everyone that you know is dead. As a result, developed nations who contrive the expectant and technical know-how are lagging behind monitoring, treating, and creating vaccinum for this evolving mute killer . It does not take a rocket scientist to foreshadow monopoly. To advocate private sector to develop new drugs, the politics grants discernible 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 $ light speed 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 troupe (MacKellar). A monopolizer company such as Roche would prefer zero competition if possible. And , if Roche is agonistic to license producti! on of Tamiflu, they willing have little inducement to research new drugs. The pharmaceutical industry argues that licensing will settle their future profit. The industrys argument is indeed valid, entirely to what extent. Suppose Roche by licensing Tamiflu lose $70 profit from $100 per item, technically theyre still making a profit. And the impartiality of business states that as...If you want to get a dear essay, assure it on our website: OrderEssay.net

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