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...they want the government to protect them from competition, even when that competition is themselves. An organization called the Pharmaceutical Research and Manufacturers of America has mounted a fierce campaign of lobbying against an amendment to an agriculture spending bill currently before the Senate that would allow Americans to import prescription drugs from Mexico and Canada. Relaxing restrictions would lead to the import of killer counterfeit drugs, the PhRMA warns in a full-page ad in Wednesday's Washington Post. Not only that, "the importation of prescription drugs also means spoiled, adulterated, impotent or subpotent medicines making their way into...

Author: /time Magazine | Title: Drug Companies Are Supposed to Profit From Human Suffering | 7/19/2000 | See Source »

...there was also good news for the industry from the White House Wednesday, in the form of a program to offer $1 billion in loans to AIDS-stricken African countries to facilitate the import of drugs and medical infrastructure from the U.S. While the New York Times gushed that the program "greatly increases the money available to combat the disease in a region that has become its epicenter," the Wall Street Journal was less sentimental, characterizing the scheme as "a campaign to help American businesses sell about $1 billion in AIDS drugs, medical equipment and health services." The Journal also...

Author: /time Magazine | Title: Drug Companies Are Supposed to Profit From Human Suffering | 7/19/2000 | See Source »

...prices they charge in the U.S. - but even then, a year of cocktail treatments would still cost about four times the per capita income of the worst-hit countries. Asking Africa to increase its debt burden to finance the purchases may quite simply be untenable - indeed, the U.S. Export-Import bank, which is financing the program, has had to go into negotiations with the IMF because a number of the would-be recipient countries are already at their debt ceiling. The Clinton White House is fond of win-win scenarios, in which there's a happy confluence between corporations making...

Author: /time Magazine | Title: Drug Companies Are Supposed to Profit From Human Suffering | 7/19/2000 | See Source »

That one declaration would be of far greater import than any of the parameters of any settlement. On finality hinges everything...

Author: /time Magazine | Title: The Last Deal, or No Deal | 7/17/2000 | See Source »

...student body is absurd. If any of the other 6,500 undergraduates had an opinion, he or she might have replied to one of 200,000 letters sent by the committee to canvass community opinion. But common sense tells us that these trees died in vain. Decisions of such import are aided not by check-boxes and form letters, but by open, deliberative discussion...

Author: By The CRIMSON Staff, | Title: Open the Search Process | 7/14/2000 | See Source »

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