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...interested in licensing rights to produce its flu drug Tamiflu came the reminder of why the Swiss pharmaceutical giant had for so long been so reluctant to make the move. Roche announced Wednesday that its revenues climbed 17% in the third quarter, boosted in large part by world-wide demand for Tamiflu. Sales of the drug more than doubled, to $215 million in the quarter. Roche expects to rake in as much as $925 million from Tamiflu sales this year, up from $266 million in 2004. And as governments keep building their stockpiles, it will continue to generate billion-dollar...

Author: /time Magazine | Title: Why Roche Released Tamiflu | 10/19/2005 | See Source »

...Unlike the anthrax scare, pandemic fears are widespread and taken far more seriously by international agencies. So the demand for a treatment--until, at least, a vaccine becomes available, and probably well after--isn't likely to subside. It will continue to draw manufacturers considerably less concerned than is Roche about its intellectual property rights. Cipla, an Indian generics manufacturer that already sells cheap HIV drugs to African countries, now plans to begin selling a generic version of Tamiflu at cut-rate prices--and says it will do so probably within three months, regardless of whether the Swiss drug firm...

Author: /time Magazine | Title: Why Roche Released Tamiflu | 10/19/2005 | See Source »

...from which the matching donations are pulled, is better spent at Harvard to nurture what Harvard does best instead of flung piecemeal at disasters for PR effect. The University should draw the line now, with full confidence in its capacity for non-monetary contributions, before debates on which disasters demand responses undermine Harvard’s role as an academic institution.Alex Slack ’06, a Crimson editorial chair, is a history concentrator in Leverett House...

Author: By Alex Slack, CRIMSON STAFF WRITER | Title: DISSENTING OPINION: Stop Matching Donations | 10/18/2005 | See Source »

These workers want to live in freedom, dignity and respect, and not have to give up all the things that make life worth living just to get by. Can anyone look them in the eyes and tell them this is not a reasonable demand...

Author: By Michael Gould-wartofsky, CRIMSON STAFF WRITER | Title: Too Cruel for School | 10/18/2005 | See Source »

...should be priced at the "marginal cost of production"?the price at which it makes sense for companies to find and extract it from the ground. And that, Miller says, is currently about $40 per bbl. Oil has shot way higher for perfectly rational reasons, from booming global demand to Hurricane Katrina's impact on refining capacity, but overseas producers have every incentive to boost supply at today's prices, says Miller, which should make up for existing shortfalls. "Barring an unforeseen event"?another Katrina, say, or a 9/11?all this suggests to Miller that oil should retreat to about...

Author: /time Magazine | Title: Bill's Bad Bet | 10/16/2005 | See Source »

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