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Resource ID: #15699
Subject: Pharmaceuticals
Source: Fortune
Affiliation: 
Date: 6-Sep-99

Description

Fortune Magazine reports that "piracy is the pharmaceutical industry's dirty little secret. fighting back has become its dirty little war, With the stakes this high, there are no rules, no conventions. But that doesn't mean there haven't been prisoners. The $300-billion-a-year pharmaceutical industry is mired in a hidden war ... It is a war fought from behind mountains of litigation, one that pits the leading multinationals against a growing army of scoundrels who are either counterfeiting medicines outright (a criminal offense in which specific drugs are copied down to the form, color, and name brand) or peddled "bioequivalent" generics that infringe brand-name patents (a civil offense, but just as painful financially for the patent holders.)"

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