Tag Archives: economics

The ethics of alternative business models in the pharmaceutical industry

Hi all,

I’m Mark. I am a rising sophomore and though I am an undecided major, I have developed some key areas of academic interests since coming to Duke. I am interested in the economics of healthcare, in particular within a rural setting. In terms of economics, I am focused on the distribution and access to a healthcare system and how the level of access impacts the community from both social and health standpoints. I grew up the Appalachian region of north-east Tennessee and south-west Virginia. While growing up, I was able to witness first hand some of the issues surrounding access within the scope of the free health clinics periodically held in the region. While I have an interest in medicine and work experience in labs at both the Duke Medical Center and Georgetown Medical Center, I have been drawn to the policy side of healthcare because of the accessibility of the policy debate at this point in my education.

Before discussing my project, I’d like to highlight a few components of the current pharmaceutical industry and the US healthcare system as a whole.

While I will be explaining the economics of the industry in more detail next week, it is important to understand the current reliance on intellectual property. Continue reading