Happy Monday Geeks,
This Geek Out Post is a little different but I geeked out nevertheless. I cannot tell you how happy I was to read in the news that India has taken a stand and wrestled with the pharmaceutical companies that monopolise life saving drugs.
India has decided to end the monopoly of pharmaceutical giant Bayer by overturning its patent of anti-cancer drug Nexavar. A domestic company, Natco, will now be allowed to produce a copy-cat version of Nexavar, and sell it for a fraction of the price. The decision means thousands of Indian cancer patients who would not otherwise be able to afford the drug, now have a realistic chance at treatment.
WELL DONE INDIA.
Very early on in my career I worked for one of the biggest pharmaceutical companies in the world, I lasted a total of three months. Pharmaceutical companies say overruling patents inhibits innovation of new medicines. I say that is a bunch of BS! excuse my french. Unfortunately, or fortunately, my heart was way too soft for that industry, and I made the decision to jump out while I still could.
Click here to read more about it and press play before for Al-Jazeera’s Inside Story
I think India, Brazil, and Thailand deserve a clap for this, life saving drugs should not be policing peoples lives. Lets Evolve for the better.
Discuss. Share. Thoughts. Please.