bird flu in economic prespective

A Different Approach to Develop avian flu do drugss Introduction In 2003, a new biological threat arises from the east, it is called Avian Flu or in laymans bound bird flu. One strand that has been determine by scientists to be highly lethal is H5N1 virus. Although the spread of virus has been r ar, in that location 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 detain monopolies rights to secure future lollys. One then must ask, what is load of raking immense profits, when everyone that you know is dead. As a result, developed nations who contrive the great and technical know-how are lagging behind monitoring, treating, and creating vaccinum for this evolving unruffled killer. It does not take a rocket scientist to foreshadow monopoly. To kick upstairs private sector to develop new drugs, the politics grants unornamented 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 $ snow or even more.

This is the dilemma lining the pharmaceuticals world today. The patent drug Tamiflu, a drug that is considered nigh effective in treating avian flu is held by Roche, a Swiss pharmaceutical friendship (MacKellar). A monopolizer company such as Roche would prefer zero competition if possible. And, if Roche is forced to license production of Tamiflu, they will! ing have little bonus to research new drugs. The pharmaceutical industry argues that licensing will come down 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 fair play of business states that as...If you want to get a dear essay, golf-club it on our website: OrderEssay.net

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