Word: generics
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...moment and came to do what they could. And they heckled, churning out such winners as "Trey Hendricks! What's your real name?" and "That's not the real Javy Lopez! I know Javy Lopez!" When someone with a less colorful name came up, they would result to the generic, "Get involved...
...ravaging sub-Saharan Africa, where 25 million people are dying from the disease, has given rise to an alliance of activists, health professionals and politicians who accuse multinational pharmaceutical firms of pricing their AIDS-fighting drugs out of the reach of poor countries while greedily blocking the production of generic copies. That has stunned the industry into a price war in reverse: in one month the cost of AIDS therapies in the developing world has fallen by as much as 90%. "The industry has been cast as the villain in all this," says Philip Thomson, spokesman for GlaxoSmithKline. "That...
...multinationals also have to contend with competition from generic drug makers. The Indian company Cipla plans to sell its versions of a triple-drug anti-AIDS cocktail to Médecins sans Frontières for $600 a year per patient - $200 cheaper than the least expensive brand-name cocktail. "We are offering the drugs at a humanitarian price," says Cipla chairman Yusuf K. Hamied. GlaxoSmithKline and Bristol-Myers have threatened to sue Cipla; they fear that a flood of cheap imitations in Africa could create a global black market for AIDS drugs that could undercut prices in the developed...
...government that won the suit. The resistance of the drug companies had given the government of President Thabo Mbeki a ready explanation for its failure to make anti-retrovirals available to South Africa's infected population. But even at the substantially lower prices made possible by importing generic versions, a mass treatment campaign would be a mammoth expense to the cash-strapped government. Simply providing the medical infrastructure to supply the drugs to some 5 million people, many of whom live in conditions of abject poverty that increase their vulnerability to all manner of infection could require billions of dollars...
...verge of a multibillion-dollar trade war over softwood lumber; it came not long after a bruising spat between Canada and Brazil that involved subsidies to airline sales and, briefly, a shutdown in the beef trade. Brazil was in a row with the U.S. over the pricing of generic aids drugs that added another thorn to a perennially prickly relationship...