Importance of cost of pharmaceutical company in the current context of bangladeshdesign a interview schedule to asses the intelle
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2.1 Introduction
This chapter discusses the legislative framework for patents and the pharmaceutical sector, including the role of regulatory bodies, and the nature and strength of the pharmaceutical industry in Bangladesh. Developing countries and LDCs are apprehensive1about strong patent protection, considering that patent protection may be harmful to the nascent stage of their pharmaceutical industries and may have negative implications for access to medicines by their populations. However, Bangladesh and other LDCs could continue production of the generic versions of patented medicines until 1 January 2033. Based on the data gathered by way of case study, this chapter explores the situation in Bangladesh along with the challenges and opportunities for the pharmaceutical industry during the waiver period. This chapter suggests that in the case of Bangladesh, the main health bottleneck is neither patents nor drugs, but rather the lack of proper health care services, health infrastructure and efficient health care personnel. Again, most of the necessary drugs for the local market are off-patent, but patented drugs and the related issues of price, availability and affordability could become a concern for Bangladesh in situations of multi‑drug resistance and in relation to diseases like HIV-AIDS, cancer and cardio-vascular problems. This is why it is vital that Bangladesh should adopt intellectual property policies for pharmaceuticals that not only meet societal goals for accessibility and affordability, but also promote innovation and the capability of local industries.
2.2 Legislative Framework: Pharmaceutical Patents and Pharmaceutical Regulation
2Considering that Bangladesh may need to devise a proper plan of action during the transition period to initiate proper institutional and infrastructural capacity building, it is important to understand existing legal and institutional mechanisms for dealing with pharmaceutical patents, and to identify their limitations and weaknesses.
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