Article: Don't blame the drug companies for the problems of the world

EVERYONE LOVES to hate a drug company: hatred of wrongdoing being the nearest most of us can come these days to virtue. And the guilt of the drug companies is assumed, like a truth universally acknowledged. But is the truth actually true?

The case against the drug companies is by now familiar, and appears to have been strengthened by their offer, under pressure from an Indian manufacturer of generic drugs, to cut yet further their prices to African countries of anti-viral drugs for Aids. If they can afford to cut their prices now, why did they not do so to begin with? Does not their conduct prove that they are to human suffering what vultures are to carcasses and carrion?

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