WTO
approves access to generic drugs to poor nations
06 December, 2005
World Trade Organization members have
given approval to the accessibility of cheaper generic
versions of medicines for communicable diseases like
AIDS to developing countries. It‘ll help these
countries to overcome these dreadful ailments. The changes
to the WTO's intellectual property agreement would make
permanent a waiver currently in place and allow poor
countries without their own pharmaceutical manufacturing
capacities to import cheaper copies of patented medicines
for humanitarian purposes.
The members are determined to ensure that the WTO's
trading system contributes to humanitarian and development
goals as they prepare for the Hong Kong ministerial
conference. The meeting is supposed to set up a conclusion
to the current Doha round of trade talks, which aims
to cut trade barriers across a wide range of sectors
and is supposed to address the needs of developing countries.
Generic drugs
are gradually getting acceptance worldwide. The makers
of generic drugs are trying to provide the benefit of
important drugs at a cheaper cost. Erectile
dysfunction drugs such as Silagra and Kamagra
have been able to benefit a whole lot of users who’ve
been suffering from erectile dysfunction.
To read more, visit:
http://www.washingtonpost.com/wp-dyn/content/article/2005/12/06/AR2005120600678.html
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