IPR protect drug companies from others making their products without the expense of investing in research and development. IPR also enable drug companies to recoup research and development (R&D) costs by charging more for a drug than the marginal cost of producing it.
One result of this strategy, however, is that unless a company can charge enough to cover the costs of R&D and production, it has no incentive to develop and produce a drug; no matter how important that drug may be to certain populations, for example, the poor in third-world countries.
In addition to the readings assigned for Module 4, identify and read two to three other articles on professional ethics and the concept of intellectual property.
Share your observations, early conclusions, reflections, and questions in this discussion.
Write your initial response in 300–500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation
You may clearly understand what an essay is and have had the experience of writing a number. However, it is […]
The day inevitably comes; you need to submit your assignment. You have been procrastinating on writing your paper until the […]
Choosing a paper topic can be a daunting task for any assignment. A student may face agony trying to come […]
The media is an integral part of modern society. Think of what would happen to the world if there were […]
A hypothesis is a statement that can be proven by scientific research. It proves the theory of action and reaction, […]