One-third of the world’s population lacks access to the most basic essential drugs. For the destitute sick in the developing world, the price of medicines can determine whether they will be treated. Patents drive drug prices up, the resultant monopoly status allowing the producer to charge whatever price the market will bear. The World Trade OrganizationTradeRelated Aspects of Intellectual Prop...

We look at compulsory licensing of intellectual property as remedy for anti-competitive practice. We identify aspects of intellectual property that warrants a different remedy from those using general definitions and remedies for essential facility. Based on the analysis, we present a characterisation of optimal compulsory licensing for a simple market. ∗Department of Economics, University of A...

This study seeks to assess the relative impact of patent status as a component of pharmaceutical prices while controlling other market and medicine characteristics on the retail prices of oncology medicines in Thailand. Ordinary Least-Squares (OLS) regression model of log prices as a function of supply and demand factors was developed and data fitted to establish the relationship and the effect...

BACKGROUND The heads of the Global Fund and the GAVI Alliance have recently promoted the idea of an international tiered pricing framework for medicines, despite objections from civil society groups who fear that this would reduce the leeway for compulsory licenses and generic competition. This paper explores the extent to which an international tiered pricing framework and the present leeway f...

During September 10-14, 2003, WTO members met in Cancún for a mid-term review of the Doha Round of trade negotiations, launched in November 2001. Trade ministers entered the 5 WTO Ministerial divided on agricultural and non-agricultural negotiating modalities, on whether to launch negotiations on the so-called Singapore issues and their possible scope, on the approach to take towards strengthen...

The "World Trade Organization (WTO)" is an organization that Pakistan a part of, the primary goal of which to improve international trade in long-term, sustainable way. What's more, stands behind “Berne Convention for Protection Literary and Artistic Work 1886” addition “Universal Copyright 1952” “The agreement on Trade-Related Aspects Intellectual Property Rights, 1995 (TRIPs)”. On 1st January...

Biotechnology has the potential to provide the answers to some of the developing world’s most intractable problems. There is scope for developing countries to interpret the provisions of the WTO TRIPS Agreement on biotechnology at different levels, as evidenced by differing interpretations in the developed world. Equally, however, demands of developing countries on biodiversity-related issues c...

The chapter deals with ethical aspects of patent law and how the global patent regime helps or hinders the development of a developing country such as Thailand. More specifically, it discusses Article 27.3 of the World Trade Organization (WTO) Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), which states that countries may exclude methods of medical treatment, plants ...

The chapter deals with ethical aspects of patent law and how the global patent regime helps or hinders the development of a developing country such as Thailand. More specifically, it discusses Article 27.3 of the World Trade Organization (WTO) Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), which states that countries may exclude methods of medical treatment, plants ...