Medical News Today logo Medical News Today 3 weeks ago

Pharmaceutical Companies Accept Ecuador's Decision To Break Drug Patents

Foreign pharmaceutical companies on Wednesday accepted the decision of Ecuador's President Rafael Correa to enable the country "to bypass patents on 2,000 drugs in order to produce them locally or buy cheaper versions elsewhere," Agence France-Presse... Full Article at Medical News Today

Related Topics:

  1. Bayer
  2. Pfizer Inc.
  3. World Trade Organization

Related Articles

  1. China Post logo
    Firms accept Ecuador breaking drug patents
    3 weeks ago

    WASHINGTON -- Foreign pharmaceutical firms including Pfizer agreed Wednesday to accept Ecuador's decision to bypass patents on 2,000 drugs in order to produce them locally or buy cheaper versions elsewhere. Full Article at China Post

Related Quotes

  1. High costs, insufficient production and a lack of research have contributed to the fact that millions of people do not enjoy equitable access to medicines in developing countries such as Ecuador
    SOURCE: Medical News Today 3 weeks ago
  2. High costs, insufficient production and a lack of research have contributed to the fact that millions of people do not enjoy equitable access to medicines in developing countries such as Ecuador
    SOURCE: China Post 3 weeks ago
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  1. Ecuador's President Rafael Correa (R) greets China's top political advisor Jia Qinglin at Carondelet Palace in Quito, November 24, 2009. Ecuador and China signed bilateral agreements.
  2. MOSCOW, RUSSIA - OCTOBER 29: Russian Minister of Agriculture Yelena Skrynnik during a press conference held for President Of Ecuador Rafael Correa, at the Grand Kremlin Palace, on October, 29, 2009 in Moscow, Russia.
  3. A vendor inspects a portrait of Thailand's King Bhumibol Adulyadej inside a shop that sells flags and portraits of the royal family members in Bangkok November 25, 2009. King Bhumibol, who will be turning 82 on December 5, remains in the hospital since his admission in mid-September.
  4. SINGAPORE - NOVEMBER 15: Singapore's Prime Minister Lee Hsien Loong (front row C) speaks surrounded by APEC Leaders at the declaration ceremony at the end of the the APEC Summit in in Singapore November 15, 2009.
  5. SINGAPORE - NOVEMBER 14: Russian President Dmitry Medvedev attends the second day of the Asia Pacific Economic Cooperation (APEC) CEO Summit at Suntec International Convention & Exhibition Centre on November 14, 2009 in Singapore.
  6. HONG KONG - NOVEMBER 13: Udorn Duangdecha of Thailand plays his tee shot on the sixth hole during the second round of the UBS Hong Kong Open at the Hong Kong Golf Club on November 12, 2009 in Fanling, Hong Kong.
  7. SINGAPORE - NOVEMBER 12: Korn Chatikavanij, Thailand's finance minister, smiles at the Foreign Ministerial Meeting dinner during the Asia Pacific Economic Cooperation Summit on November 12, 2009 in Singapore.
  8. HONG KONG - NOVEMBER 12: Udorn Duangdecha of Thailand during his press conference after the first round of the UBS Hong Kong Open at the Hong Kong Golf Club on November 12, 2009 in Fanling, Hong Kong.
  9. SHANGHAI, CHINA - NOVEMBER 07: Thongchai Jaidee of Thailand on the 6th tee during the third round of the WGC - HSBC Champions at Sheshan International Golf Club on November 7, 2009 in Shanghai, China.

Cast of Characters

  1. Bayer Bayer
  2. Pfizer Inc. Pfizer Inc.
  3. World Trade Organization World Trade Organization
  4. Dow Jones Dow Jones
  5. NASDAQ NASDAQ
  6. GlaxoSmithKline Inc GlaxoSmithKline Inc