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Biotech / Medical : Pharma News Only (pfe,mrk,wla, sgp, ahp, bmy, lly)
PFE 27.22+2.8%Feb 6 9:30 AM EST

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To: margaret foley who wrote (19)5/26/1998 6:06:00 PM
From: BUYandHOLD  Read Replies (1) of 1722
 
Margaret
China, India and many South American countries don't appear to be affected by standard US Patents. These countries have routinely had knockoffs of major drugs (and other products)
Ironically with per capita GDPs of $100-300/yr, patients in these countries would never have paid for these meds anyway, because of price.
Still PFE execs go to bed wondering how wonderful life would be if they could sell to India (900mill), China (1 bill+) etc compared to a paltry 260 mill (US) or 55mill (UK) residents.
Makes me wonder too..

CG
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