Word: marketed
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...many of us are still wondering if Goldman Sachs' former employees who now hold influential government positions have unduly influenced national economic policy to Goldman's advantage. It is also high time we discovered whether Goldman's astronomical profits are the upshot of its alleged ability to perpetuate sophisticated market manipulation and fraud. These are real questions to which we still do not have satisfying answers from Goldman Sachs or anyone else. Daniel Clemens, NEW YORK CITY...
...products. At present, there is no institutionalized mechanism to guarantee that drugs created from university research can be produced generically. Allowing generic production breaks the temporary monopoly a pharmaceutical company holds on a product that is guaranteed by its patent. With more companies able to produce a product, free-market competition drives down its price, and as its cost decreases, more people gain access to the drug. At present, unless a Harvard scientist takes special initiative to include clauses that promote global access in the license of her compound, she essentially relinquishes control over the future of her research...
...According to Berkeley Law School Professor Amy Kapczynzki, enabling generic production would have minimal financial impact on universities and pharmaceutical companies. For example, in 2002, Africa comprised only 1.3 percent of the world pharmaceutical market, and Southeast Asia, China, and the Indian subcontinent comprised 6.7 percent. These markets are so small that the profits rendered from them are insignificant, indicating that, at essentially no cost to the university, Harvard can make a groundbreaking step toward reducing the cost of essential medicines in poor countries and set an example for other universities to follow...
...strong' growth, our economy is still hurting - thanks to the financial collapse your country inflicted on the world. Our export sector is particularly suffering, so the last thing anyone needs is for us to go all nationalistic and start a trade war. We understand we need the U.S. market, and we also have a desire for stability right now - more so than usual. Next month is the 60th anniversary of the founding of the People's Republic of China, and then in November you are coming to Beijing. So I thought it best to keep things on an even keel...
...Second, we still buy a whole lot of your Treasury debt, though this is less of a weapon than is often portrayed in your press. (We have to recycle the dollars we earn from trade somewhere, and your Treasury market remains the largest and most liquid in the world. Plus, we, like the Japanese before us, have no real interest in seeing your interest rates rise and growth slow, particularly not now, and that's what would happen if we went on a T-bill buying strike.) But holding your debt does give us leverage, and we have some decisions...