Drug Giant Pledges Cheap Medicine For World's Poor 317
bmsleight writes in with a Guardian piece on the decision of the world's second biggest pharmaceutical company, GlaxoSmithKline, to radically shift its attitude towards providing cheap drugs to millions of people in the developing world. "[The new CEO] said that GSK will... cut its prices for all drugs in the 50 least developed countries to no more than 25% of the levels in the UK and US — and less if possible — and make drugs more affordable in middle-income countries such as Brazil and India; put any chemicals or processes over which it has intellectual property rights that are relevant to finding drugs for neglected diseases into a 'patent pool,' so they can be explored by other researchers; and reinvest 20% of any profits it makes in the least developed countries in hospitals, clinics, and staff."
Re:So, instead of 4x overpriced... (Score:3, Funny)
Well Canada is not *that* developing.
Re:Mail order (Score:5, Funny)
Re:Dude. What about the World's rich? (Score:1, Funny)
oh, that's real helpful, that is.
Re:Note the double standard (Score:3, Funny)
I've seen some posts in gamer's forums that don't jibe with that statement.