• F.M. Scherer


Patents, Monopoly Power, and the Pricing of Pharmaceuticals in Low-Income Nations. F. M. Scherer, September 2013, Paper. "This paper reviews the theory and historical developments that made it possible for the world's least affluent citizens to obtain the benefits of modern pharmaceutical therapy at affordable prices. Considered in turn are the theory of differential prices, the reasons why differential pricing was not widely practiced by pharmaceutical companies selling patented medicines; how low prices eventually became available, with emphasis on AIDS anti-retrovirals..." Link Verified October 11, 2014