Business law
| Type | Sources | Views | Words | Pages | Essay # |
|---|---|---|---|---|---|
| Term Paper | 0 | 58 | 2205 | 7 | 36681891 |
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Excerpt from Term Paper:
...... In 1994, however, the drug makers, with other research-intensive businesses, lobbied hard and successfully for the international Agreement on Trade-Related Aspects of Intellectual Property Rights, which made it harder to move from costly brand-name drugs to cheap generics. The agreement protected new-drug monopolies for 20 years or more. This meant no low-priced generic for Kaletra. The pact locked in Abbott as its sole supplier, and Abbott set prices for the world. Under pressure from activists, Abbott and other companies cut prices for key AIDS drugs in poorer nations. In Guatemala and Thailand, the new Kaletra costs $2,200 per patient per year, plus taxes and fees a fraction of the more than $8,000 it costs in the United States. In poorer Nigeria, the official price was $500 a year (CRIMES AND CORRUPTION OF THE NEW WORLD ORDER NEWS 2007)
Question 3
A crust-less peanut butter and jelly (PBJ) sandwich be patentable does not offer an opportunity for patent reform. In 1999, United States Patent 6,004,596 was issued to Len Kretchman and David Gesked. This patent disclosed an improved crustless peanut butter and jelly sandwich. What? This patent has been widely ridiculed in the media as an example of something
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