Ethics and IPR

Assignment 2: Discussion—Ethics and IPR

IPR protect drug companies from others making their products without the expense of investing in research and development. IPR also enable drug companies to recoup research and development (R&D) costs by charging more for a drug than the marginal cost of producing it.

One result of this strategy, however, is that unless a company can charge enough to cover the costs of R&D and production, it has no incentive to develop and produce a drug; no matter how important that drug may be to certain populations, for example, the poor in third-world countries.

What ethical dilemmas does this situation pose for drug companies?
Do other types of companies face similar dilemmas?
Identify and read two to three other articles on professional ethics and the concept of intellectual property.
Share your observations, early conclusions, reflections, and questions in this discussion.

Submission Details:

By Friday, April 8, 2016, Support your work by citing sources according to APA standards. Paper should be 300–500 words.
Assignment Components

Initial response was:

Area. Support your work by citing sources according to APA standards.
ul, original, accurate, and timely.
Substantive and demonstrated advanced understanding of concepts.
Compiled/synthesized theories and concepts drawn from a variety of sources to support statements and conclusions.

Discussion Response and Participation:

Responded to a minimum of two peers in a timely manner.
Offered points of view supported by research.
Asked challenging questions that promoted discussion.
Drew relationships between one or more points in the discussion.

Writing:

Wrote in a clear, concise, formal, and organized manner.
Responses were error free.
Information from sources, where applicable, was paraphrased appropriately and accurately cited.