Bayer CEO Marijn Dekkers admitted recently that his pharmaceutical company is not interested so much in pharmacology as it is in making steep profits. He stated that Nexavar, a new drug approved to treat certain forms of liver and kidney cancer, was created only for wealthy white people.
“We did not develop this medicine for Indians. We developed it for Western patients who can afford it.”
Dekkers’s jaw-dropping comments come in response to an Indian law that permits native drugmakers to develop more affordable versions of important medications that are deemed too expensive for the average citizen of India, who makes approximately $1,500 a year.
In 2012 the Indian government granted the pharmaceutical company Natco Pharma a license to produce a generic version of the drug, which would cost 97 percent less than Bayer’s asking price of $69,000 a year. Even after the German drug company tried to bring a lawsuit against Natco Pharma, the High Court in Mumbai threw out the case. This prompted the Bayer CEO to call India’s decision to continue manufacturing the generic form of the life-saving drug “essentially theft.”
Indeed, the pharmaceutical industry today is a far cry from the days of Jonas Salk, who chose not to patent the polio vaccine even though doing so would have made him an estimated $7 billion richer. When asked who owns the patent to the vaccine, Salk famously declared, “Well, the people, I would say. There is no patent. Could you patent the sun?”
Fortunately, there are still those who agree with Salk that commodifying the treatment to a life-threatening disease is wrong. A team of scientists is currently seeking the funds to develop an AIDS vaccine, which they plan on giving away free to the peoples of the world.
Marijn Dekkers- The ultimate capitalist and greed-worshiper.
I believe there is a special reservation for him in HELL!!
[ Re-Post from LIBERALS UNITE | Posted by Joseph Guyer ]