Tag: Research and Development

Price Discrimination in Pharmaceutical Companies: The Method to the “Madness”

| April 2, 2012 | 1 Comment
Price Discrimination in Pharmaceutical Companies: The Method to the “Madness”

Pharmaceutical companies, or what critics call “big pharma,” are often condemned for charging prices above marginal cost and price discriminating between different countries (calculating each country’s ability to pay). These practices lie at the heart of feuds such as compulsory licensing, a strategy employed by countries to obtain generic drugs. However, the economics of price discrimination demands a closer look.

Continue Reading

The Only Animal Disease to be Eradicated: A Critical Exploration of Rinderpest and Our Future with Diseases

| October 25, 2011 | 0 Comments
The Only Animal Disease to be Eradicated: A Critical Exploration of Rinderpest and Our Future with Diseases

Disease eradication used to be a somewhat far-fetched idea even after the 1980 eradication of smallpox. It seemed like a one-time nonreplicable incident, simply a historic medical feat. The complicated politics surrounding disease eradication—enforcing water hygiene, reducing stigmatization, establishing a viable healthcare infrastructure system—continue to seem too overwhelming to resolve. Yet, recent events in the […]

Continue Reading