Word: subs
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Dates: during 2000-2009
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Drug companies have long skirted criticism of their fat profits by pointing to the huge financial risks they take to develop life-saving medicines. But lately that argument hasn't worked so well. The AIDS pandemic 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...
...AIDS drugs from major pharmaceuticals at deep discounts. Jeffrey Sachs, the economist who headed the study, says the initial cost for such a program would top $1 billion a year and would climb to $3 billion annually within five years; by comparison, Sachs says total annual U.S. aid to sub-Saharan African during the 1990s averaged just $150 million. But, Sachs points out, America's gross national product is now $10 trillion. So "each billion means one cent out of every $100 that America earns each year. We're advocating two cents to save 5 million lives." Given the stakes...
...Greeneville's crew knew he would be standing there as they took the sub out of dry dock and to sea for the first time since the tragedy. As they approached in the narrow channel, they sounded the whistle, in tribute to their former skipper. On the bridge the replacement captain, Tony Cortese, waved to his predecessor, barely 200 yds. away. Waddle was standing on his own, his right arm raised in stiff salute. It was a sailor's leave-taking, barely noticed by anyone else on the shore. When the ship had passed, Waddle slumped, his head bowed...
...past two months he has replayed the series of events surrounding the collision a thousand times in his mind. His sub had gone down to 400 ft. and shot back again in a rapid-surfacing maneuver known as an "emergency blow"--directly underneath the Ehime Maru. As it broke the surface, the Greeneville's HY 80 steel rudder, specially reinforced to punch through ice, ripped open the stern of the Japanese ship. "When I put up the periscope after the collision and increased magnification, I saw all those little people tumbling in the water. I felt disbelief, regret, remorse, anxiety...
...injustice in the world, so stuffed that the facts run into one another and thus seem, in a weird way, to be immaterial. The argument for lowering the prices of anti-AIDS drugs does not depend on whether 40 percent of the people under the age of 20 in sub-Saharan Africa have HIV or 20 percent of the people under the age of 40 do. Either way, there are many people for whom the drugs are far too expensive because pharmaceutical companies are unwilling to lower their profit margins. The sad fact is that though Galeano is continually pointing...