Patent or patient ? The challenges in pricing policy of patent medicine

Muragundi, PM and Naik, Anantha Nagappa (2014) Patent or patient ? The challenges in pricing policy of patent medicine. The Pharma Review. pp. 46-48.

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Medicine prices of patented medicine are exorbitantly expensive. Affordability for the poor is a challenge in the health care delivery system. In developing countries where poverty looms over majority of the people, high prices of medicine are a socio economic issue for governments and patients. There is a need for making new medicines affordable for the patients in developing economies, especially medicines that are lifesaving. On the other hand the MNC Pharma industry is showing disregard to the health of millions of patients as they are not addressing the affordability issue of the patented medicines. There is need to modernize the patent system so that medicines become affordable for the patients.

Item Type: Article
Subjects: Pharmacy > MCOPS Manipal > Pharmacy Management
Depositing User: KMC Manipal
Date Deposited: 18 Sep 2014 09:23
Last Modified: 18 Sep 2014 09:23

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