Running Head : P impose on _or_ oppressaceuticalsPharmaceuticals : Prescription Brands and Generic[Author s Name][Institution s Name]The fundamental difference in the midst of generic drugs and mark ones is that generics argon largely free of perceptible restrictions . According to the United States Food and Drug Administration , generics are the patent-free bioequivalent of a brand name counterpart (FDA , 2007 ) It is my belief that menstruation legal constructions revolving around branded drugs do more harm than goodNot many people see the difference mingled with branded pharmaceuticals and generic ones , save for the millions of people living with the aid computer virus in Africa , the difference is crucial . For them , the copyright protected antiretroviral therapies undeniable to combat the illness come at a personify ranging between ten to twenty thousand dollars per yearSome would question the perception of according ramparts to life-saving laboratory concoctions , but the function of these protections is to permit the developer to profit from their pharmacological innovations in much(prenominal) a manner as to not only recoup their outlays , but provide the mannikin of incentive necessary to go on future innovationsThis is where generics come in . When generic products become available competing pharmaceutical companies enter the market place , resulting in the kind of competition that leads to substantially reduced prices . The finale of a drug patent is tantamount to the termination of a legally sanctioned monopolyIt is important to bear in encephalon that this monopoly exists to incentivize drug development . However , despite the moral assail , it is important to realize that this protection is more than just a trivial matter to pharmaceutical engineers , because the expenses incurred in pharmacological look for are of a massive magnitudeLawrence Lessig (2004 ) maintains that copyright legislation has unendingly been founded on the tradition of striking a balance between serving the common good and protecting creators .
As such , intellectual property law is designed to protect creators , but never at the expense of the common goodAs such , Lessig (2004 ) argues in favor of drug patents , but only to the extent that they promote the development of life-saving medication such as anti-retroviral therapies for the AIDS virus , but not to the extent that the protection comes at the expense of saving lives . At the current cost , these therapies are sound out of reach of the pockets of most AfricansHowever , Lessig (2004 ) maintains that , it is one thing to livelihood [drug patents] . It is another thing to determine how best to deal with [the AIDS crisis in Africa .] In the United States , current law subjects drug patents to be effective for twenty years worth of protection , inclusive of years spent on clinical trials (IIPI , 2000While this promoter that it lead not be long before generics will become available , time spent waiting for the accessibility of generics will come at the expense of the lives of AIDS patients in Africa . In response African leaders have begun expression for ways to obtain cures at significantly lower pricesIn 1997 , the due south African government enacted legislation that permitted the parallel importation . Effectively...If you neediness to get a full essay, order it on our website:
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