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Delicate Balance Of Intellectual Property And Access Economics Essay
Health is a human right and intellectual property must not become overemphasized at the expense of human life. There is a delicate balance between the human rights of HIV/AIDS sufferers and the economic, political, and human rights of corporate citizens to protect intellectual property within the pharmaceutical industry. This essay intends to answer the six questions related to the In-Depth Integrative Case 1.2 and highlight the global rights conflict of between a developing country’s fight to confront the AIDS epidemic and intellectual property protection.
Delicate Balance Of Intellectual Property And Access To Medication
Introduction
When the South African Medicines Act was introduced it quickly resulted in battle lines being drawn between patent rights and public health. While all parties acknowledged the scope of the AIDS crisis, how to go about solving the problem became the subject of significant moral and legal debate (Halbert, 2012).
Case Study Review
In the case study Pharmaceutical companies, intellectual property, and the global AIDS epidemic, there are a number of questions to review. First, do pharmaceutical companies have responsibility to distribute drugs for free or at low cost in developing countries? What are the arguments for and against such an approach? There are socio-economic responsibilities of businesses and pharmaceutical companies have responsibility to distribute drugs for free or at low cost to developing countries. The products pharmaceutical companies make help save people lives. For that, they should be helping to save lives in developing countries that cannot afford medication. In contrast, pharmaceutical companies need to balance goodwill and profit in order to satisfy investors and used for more research for better medications.
AIDS activists around the…...

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