Big pharma has repeatedly taken it in the neck over the years from commentators who appear outraged that the giants are so cold-hearted as to expect to make a profit from the medicines that they invest billions in to develop.

Clearly the rational answer is that without the chance of profit during the years of a drug’s patent protection, there will be no incentive to invest in R&D, and the production line of medical progress will come to a crashing halt...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now