Many people in poor countries die from diseases that are curable because they cannot afford the medication required. Do you believe that drug companies should make their products available at reduced prices in these countries?
The high
price
of some sophisticated medicines is often attributed as the root cause of some patients' deaths in third-world nations. Pharmaceutical companies are thus
requested to sell their products at a discounted price
in those parts of the world. I am convinced that only a reduction in prices from manufacturers is not going to solve the problem and in the following
I will postulate my reasons. Disease-induced mortality rates have seen a significant downtrend over the Add a comma
following,
last
centuries in the developed countries whereas
in the low per capita income regions this
reduction is still staggering. This
inspires the idea that treatment cost optimization can help the scenario and medicine is one of the top components in that budget. First of all, decreasing the selling price
only from the company side will not stimulate the local governments to have a concrete sustainable healthcare plan for the long term. This
will be just a temporary patch to deal with the scenario. Moreover
, such
action does not guarantee that the end sufferers will get proper benefit
as from experience we know that in poor countries there are a lot of middle-men and syndicates who control the market. To worsen Fix the agreement mistake
benefits
this
, giving off in major products can lead to financial loss for the producers which in turn can pose a threat to their existence. Last
but not least, there are affluent people
in those countries who will benefit from low costs without adding any value to the primary proposition. On the other hand
, we can not let poverty become the reason for demise where people
do not have enough purchasing power. So some multi-dimensional endeavours are needed here concerting the efforts from government, non-government organizations and drug producers. Here manufacturers can absorb some hit in their profit margin, the government should also
add some subsidies and ensure legislation to ensure correct people
are getting benefits. For example
, they can fix the maximum retail price
and give those for free to poor people
through NGOs. In a nutshell, one-sided
effort Add an article
the one-sided
a one-sided
for solving
a global problem is never sustainable. Change preposition
to solve
While
global pharmaceutical giants need to come forward to sacrifice their gain in an affordable way, national bodies should also
put their effort at the table so that the right people
get the benefit properly.Submitted by u.urs.888 on
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- Paragraph 4 - Conclusion
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