The Illusory Promise: Patents (Lack of) Power to Incentivize Drug Development for Poor Countries

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The Illusory Promise: Patents (Lack of) Power to Incentivize Drug Development for Poor Countries

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dc.contributor.advisor Hutt, Peter Barton en_US
dc.contributor.author Lau, Stacy
dc.date.accessioned 2012-08-17T14:41:49Z
dc.date.issued 2006
dc.identifier.citation The Illusory Promise: Patents (Lack of) Power to Incentivize Drug Development for Poor Countries (2006 Third Year Paper) en_US
dc.identifier.uri http://nrs.harvard.edu/urn-3:HUL.InstRepos:9414569
dc.description.abstract Low-income countries suffer infectious and communicable diseases at a greater rate than any other income group. Because people living in these countries are not able to pay high drug prices, pharmaceutical companies do not have sufficient incentive to research and develop cures for infectious diseases. This essay examines strong intellectual property rights and patent enforcement as a solution to this problem. It will provide a description of the Trade-Related Aspects of Intellectual Property Rights (“TRIPSâ€) negotiations, where high- and low-income countries polarized to the degree that they failed to address incentivizing new cures for infectious diseases. It will then examine the incentive effects of TRIPS on the Indian pharmaceutical industry, and find that Indian companies are beginning to shift their research and development towards high-income markets. Finally, it will conclude that though intellectual property rights are important, ultimately, a market-creating solution is necessary. en_US
dc.language.iso en_US en
dash.license LAA
dc.subject Food and Drug Law en_US
dc.subject patent en_US
dc.title The Illusory Promise: Patents (Lack of) Power to Incentivize Drug Development for Poor Countries en_US
dc.type Paper (for course/seminar/workshop) en_US
dc.date.available 2012-08-17T14:41:49Z

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