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Ecuador president Correa to override drug patents in order to provide affordable medications

Monday, October 19, 2009
by Mike Adams, the Health Ranger
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(NaturalNews) The President of Ecuador, Rafael Correa, announced Sunday that he planned to override a number of pharmaceutical patents in order to provide more affordable medicines to the People of Ecuador. In a statement, Correa explained that access to medicine is a "human right" and that he intends to seek "compulsory licenses" to acquire medications considered indispensible.

Under current World Trade Organization rules, countries have the right to seek such "compulsory licenses" that override traditional patent rights. Current WTO rules require that such countries negotiate with the patent owners to determine fair compensation.

This action by Correa joins Ecuador's recent declaration that it would not honor the illegitimate debt that had been placed on the country by foreign banks (under previous administrations). This bold move allowed Ecuador to renegotiate its debt for roughly 30 cents on the dollar. Much of that debt was considered "predatory debt" by academics who understand the way the World Bank and other first-world banking interests attempt to place debt burdens on many smaller nations as a tactic for exerting long-term influence over their economies.

The book Confessions of an Economic Hit Man by John Perkins explains in great detail how first-world nations have routinely interfered with the nations of Central and South American through predatory lending practices.

Pharmaceutical pricing is also considered "predatory" by many observers, including NaturalNews. By definition, prices on brand-name pharmaceuticals are "monopoly prices." That's because patent protection grants drug companies a monopoly market for a period of roughly 20 years. During that time, drug companies extract as much money as possible for their products, even from poorer nations whose population can barely afford to pay such prices.

Opinion from Mike Adams, current resident of Ecuador

As a full-time resident of Ecuador and a person who sees the day-to-day medical needs of the population in the southern region of Ecuador, I applaud Correa's bold action to bypass the predatory patent practices of pharmaceutical companies. I agree with Correa that access to medicine, as well as access to an education, are basic human rights.

I've long stated on this website that medicine should not be pursued for profit. The entire business of medicine, in my opinion, would better serve the People if it were structured as a non-profit industry, and medicines in particular should be made available to people at or near their actual cost of production rather than a profiteering prices.

Many price markups on pharmaceuticals are astronomical. Some pills that cost literally two cents to manufacture are sold for over $100 each in the United States. That equates to a price markup of 500,000%. Of course, drug companies have marketing and research costs to cover in this equation, but even then, the primary focus of the industry is to generate profit, not to generate health.

While some argue that drug companies need to earn huge profits to continue finding "cures" for serious diseases, in reality drug companies are far more focused now on inventing disease than actually curing anything. Vaccines, psychiatric medications, cholesterol drugs and many other categories of medicines are now being aggressively pushed onto people who frankly don't need them (and who receive little or no medical benefit from them). Today, the pharmaceutical industry is increasingly focused on selling drugs to people who aren't even sick.

This is the core problem with the for-profit drug industry: As long as profits can be made by selling drugs, these companies will always try to find new ways to market more drugs to more people at higher prices. Medical necessity is replaced by a profit motive, and the end result is that drug prices become entirely unaffordable to all but the wealthiest nations in the world. Even then, countries like the USA are going broke in large part due to their out-of-control expenditures of patented pharmaceuticals.

For any nation to protect itself from the predatory pricing practices (and disease mongering tendencies) of the pharmaceutical industry, it must do exactly what Ecuador's president Correa is now attempting to do: Stand up against the predatory pricing practices of drug companies and take bold action to protect the interests of the people against these profit-seeking corporations.

As an American living in Ecuador, I applaud Correa's actions and hope that he finds success in pursuing this course of action for the benefit of the People.

It's also worth noting, by the way, that if the People of Ecuador would eat more traditional Ecuadorian diets and reject the influence of American processed foods and fast foods, they would suffer from far lower rates of cancer, diabetes, obesity and heart disease. The American population is sick in large part because it has followed the so-called "Standard American Diet." Any nation that embraces a similar diet will, within one generation, find itself experiencing similar rates of degenerative disease.

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About the author: Mike Adams is a consumer health advocate and award-winning journalist with a mission to teach personal and planetary health to the public He has authored more than 1,800 articles and dozens of reports, guides and interviews on natural health topics, reaching millions of readers with information that is saving lives and improving personal health around the world. Adams is an independent journalist with strong ethics who does not get paid to write articles about any product or company. In 2010, Adams launched NaturalNews.TV, a natural health video site featuring videos on holistic health and green living. He's also a successful software entrepreneur, having founded a well known email marketing software company whose technology currently powers the NaturalNews email newsletters. Adams volunteers his time to serve as the executive director of the Consumer Wellness Center, a 501(c)3 non-profit organization, and practices nature photography, Capoeira, martial arts and organic gardening. He's also author a large number of health books offered by Truth Publishing and is the creator of numerous reference website including NaturalPedia.com and the free downloadable Honest Food Guide. His websites also include the free reference sites HerbReference.com and HealingFoodReference.com. Adams believes in free speech, free access to nutritional supplements and the innate healing ability of the human body. Known as the 'Health Ranger,' Adams' personal health statistics and mission statements are located at www.HealthRanger.org

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Related Articles:

The FDA Exposed: An Interview With Dr. David Graham, the Vioxx Whistleblower

The great direct-to-consumer prescription drug advertising con: how patients and doctors alike are easily influenced to demand dangerous drugs

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