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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 512 |
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The generic version would be cheaper and more affordable to the Candorean population, but the loss of the patent would mean the loss of revenue. It all basically comes down to a good business decision versus an ethical decision. The sublicensing agreement allows more of the drug to be made by other companies to accommodate the epidemic, and CadMex will lose only a portion of revenue rather than all of it...
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Before entering into a contract, the company needs to understand the local laws, culture, religions, and customs. A company should also consider the financial, legal, and ethical implications before making a decision to act.
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