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Essay's paper info
Topic: Social Issues
Number of pages / Number of words: 5 / 1316
Essay's paper body

Zimbabwe, for example, could issue a license to a local company for an HIV/AIDS drug manufactured by Bristol-Myers Squibb. The Zimbabwean firm would then manufacture the drug for sale in Zimbabwe under a generic name, and it would pay a reasonable royalty to Bristol-Myers Squibb on each sale. Compulsory licensing lowers prices to consumers by creating competition in the market for the patented good...


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Compulsory licensing lowers prices to consumers by creating competition in the market for the patented good. Its impact is similar to the introduction of generic competition at the end of a drug's patent term-- prices come tumbling down. Compulsory licensing can lower the price of medicines by 75% or more...


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General points of the essay

As a recently appointed marketing manager to a local company you have been asked to convince the management team of the benefits of adopting the marketing concept. FoxMeyer Drug Company Case Local Employees Local Pay Merck & Company: Evaluating a drug licensing opportunity Merck&Company: Evaluating a Drug Licensing Opportunity Performance Management Improvements For Bristol-Myers Squibb Parallel Journeys In Many Cases Compulsory Purchase Schemes Are Wholly Or Partly Funded By The Private Sector. As Individuals’ Fundamental Human Rights Are Being Interfered With Consider Whether The Use Of “Back To Back” Arrangements For Compulsory Purchase ... Parallel Lear The Manufactured Crisis Can Manufactured Bands Ever Be Classified As 'good' Art? The Effect O CheckPoint: Local Environmental Issue Local Environmental Issue Compulsory Licensing And Parallel Imports The Drug Issue in Australia

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