4 ms·
The article mentions, Gilead licensed 11 companies in India to make generics. I don't see how licensing to make generics make it stealing intellectual property.
by pavanred 11y ago
The article mentions, Gilead licensed 11 companies in India to make generics. I don't see how licensing to make generics make it stealing intellectual property.
Besides I am curious how $1000 in USA compares to $4 (about ₹ 265) with the per capita income in perspective, as a measure of affordability of the drug.
- jsudhams 11y ago265 per pill? if you need two pills per day then it is out of reach for i would 80% of Indians it is required for more than a week. Average per day for coolie(low level worker) is around 300 bugs , our maid worker charges Rs 1200 per month for 1 hour work every day with 4 day leaves in a month but she works in another 4/5 house as maid as well for similar pay.
- hackaflocka 11y agoApologies, I didn't read the article.
- paul_milovanov 11y agothe purchasing power of $1000 vs ₹265 is not important; Gilead benefits, because they now have >$0 from each pill whereas otherwise they would have $0. Identical to software piracy in poor countries: if people are buying DVDs with your software for $2, that's what the market will support. Nobody offers you a choice between $500 and $2, it's between $2 and $0 :) So you'd be smart to go and start selling it yourself for $2.
- deleted 11y ago[deleted]