Scott Kaufman — Bayer Pharmaceutical CEO: Cancer drug only ‘for western patients who can afford it’ (via Raw Story )

Bayer Pharmaceutical CEO: Cancer drug only ‘for western patients who can afford it’ (via Raw Story )

In an interview with Bloomberg Businessweek, Bayer CEO Marijn Dekkers said that his company’s new cancer drug, Nexavar, isn’t “for Indians,” but “for western patients who can afford it.” The drug, which is particularly effective on late-…

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Timothy Taylor — Is "Intellectual Property" a Misnomer?

If "intellectual property" is not a misnomer, then it needs to be explained on what basis a property right is time-delimited, as are copyrights and patents but not other forms of property. Is this a property right or a subsidy granted by law, e.g., to foster innovation and creativity?

Conservable Economist
Is "Intellectual Property" a Misnomer?
Timothy Taylor