Competition Law – Parallel imports – another view

Parallel Imports in Pharmaceuticals: Implications for Competition and Prices in Developing Countries

The poorest nations of the world suffer from extreme disease burdens, which golargely untreated because weak incomes and the prevailing system of intellectualproperty rights fail to provide sufficient incentives to develop new treatments anddistribute them at low cost. Recent price reductions for HIV/AIDS drugs are encouragingbut offer only a limited solution. We discuss the...

Competition Law

Wholesale Price Discrimination and Parallel Imports

We develop a model of vertical pricing in which an original manufacturer sets wholesale prices in two markets integrated at the distributor level by parallel imports (PI). In this context we show that if competition policy requires uniform wholesale prices across locations it would push retail prices toward convergence as transportation costs fall. However, these retail prices could be higher t...

Another view on prasugrel.

Thromb Haemost 2009; 101: 12–13 The combination of aspirin with clopidogrel is currently the mainstay of antiplatelet therapy for patients with acute coronary syndromes (ACS) (1). While aspirin inhibits platelet thromboxane A2 production and platelet activation, clopidogrel inhibits adenosine diphosphate (ADP)-induced platelet activation by blocking the P2Y12 platelet receptor. When added to as...

A study on the definitions of religion from another view