Word: pharma
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...Lured by immense patient populations ailing from both chronic and infectious diseases, Big Pharma has turned to China to test its newest products. Jiang's cancer patients are the beneficiaries. "They're getting advanced care without worrying about the price," says Jiang, a staff physician at Beijing's No. 307 Hospital. "It's the difference between life and death...
...Pharma's top priority right now is to refill its drug pipeline; $29 billion worth of patents are set to expire worldwide in the next two years. The industry can do that cheaply in China, where salaries for American-educated scientists are often half those of their Western counterparts. "Of course money plays a role in the decision to do business there," says Lee Babiss, head of global research at Swiss giant Roche, which invested more than $50 million in China last year. "But it's more about getting new, diverse blood into our labs...
...Genotek's main customers are medical researchers, Big Pharma companies developing drugs that can be tailored to individuals, and researchers involved in large genetic studies. Chaim Birnboim, a research scientist and med-school professor who developed Oragene, knew there was demand for a simple, noninvasive DNA-collection method, "and I thought, I can do that." The trick was discovering that saliva was a rich source of DNA that could be easily stabilized. The product could have important implications for law enforcement, forensic sciences and the military. Individuals may even want an Oragene kit to preserve a bit of a loved...
...emotional debate. Protesters have hanged effigies of drug CEOs outside the offices of the Pharmaceutical Research and Manufacturers of America in Washington; no less a figure than Nelson Mandela has condemned Big Pharma for exploiting the dying; and in Kenya in 2004, a Jesuit priest who ran an orphanage in Nairobi, Father Angelo D'Agostino, made headlines when he accused the "drug cartels" of "genocidal action." Today drug companies have lowered the prices of some ARVs. But the controversy threatens to reignite. In July, Médecins Sans Frontières (MSF) warned that newer, more effective drugs were once...
There's another view of Big Pharma's CSR efforts, of course. Ask Festus Mogae, President of Botswana, whose nation has one of the highest HIV/AIDS rates in Africa. The drug companies, Mogae says, are "very, very important to our efforts to fight AIDS. They fund our projects and sell us drugs at an 85% discount. Their activities have helped sensitize a nation to the whole issue of AIDS. It's having real results. It's not just...