Patent Abuse by Pharmaceutical During Covid-19
Overview:
Patent Abuse by Pharmaceutical During Covid-19. How patent proved to be insufficient for equitable distribution and access to life saving drugs during covid – 19. Definition of patents, Theories and strategies used by pharmaceutical industry. Will include the questions that are going to be answere-d in the paper. Secondly, give brief discussion of patents history. Reason, theories, and justification behind patent.
Justification given by pharmaceutical industry for patent protection and rights. Therefore, this section will discuss all the rights and protection given by patent to pharma companies. Also, it will cover the reason behind the protection and rights.
Analysis:
This section will focus on how patent rights were abuse-d during covid, different strategies used by the pharmaceutical industry to be earn more profits by misusing patent rights and infringements of theories by pharma industry. However, this section will cover the current patent system and give past example in relation to covid-19 pandemic and how patent have proven sufficient in saving lives. Why this system in not working? This section will focus on all government and other measures to ensure better patent system. Better ways to deal with misuse of patent by pharmaceuticals industry. Finally, final analysis and discussion on patents misuse by pharmaceutical industry.
