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Fashion and Lifestyle – Are drug patents worth it?

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Fashion and Lifestyle – ONE OF THE first rules of American politics is not to pick a fight with Big Pharma. Its army of lobbyists in Washington, DC, has ensured that presidents from both parties, from Ronald Reagan to Barack Obama, have upheld the industry’s stout defence of intellectual-property (IP) rights, including in international treaties. Donald Trump threatened to impose drug price controls, which won bipartisan support in Congress, but intense lobbying ensured that his initiative flopped. That effort to rein in Big Pharma chimed with the industry’s global image as arrogant and greedy.
President Joe Biden is throwing his weight behind a proposal at the World Trade Organisation to waive patent protections for covid-19 vaccines. If Mr Biden is willing to rethink IP rights for covid vaccines abroad, he might also have the audacity to take on patent protection for new drugs at home. To judge whether America’s industry deserves such treatment, it is worth asking three questions. First, how much innovation is happening? Second, is rent-seeking behaviour—ranging from price gouging to patent manipulation—declining? Third, what might happen if patent rules were watered down?

Start with innovation. In the 2000s pharma investment fell out of fashion. But since 2010 America’s industry has raised spending on research and development (R&D)…
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Fashion Lifestyle

Fashion and Lifestyle – CityMall raises $22.5 mn in funding from General Catalyst, others

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Fashion and Lifestyle – Recently, the company has expanded beyond daily-use products like groceries and FMCG products, into fashion, electronics, electrical appliances, cosmetics and others.
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Fashion Lifestyle

Fashion and Lifestyle – Prime Day 2021 clothing deals: The best fashion offers from Levi’s to Adidas and Vans

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Fashion and Lifestyle – There’s plenty of big brand names to snap up in the second day of the Amazon Prime Day sale
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Fashion Lifestyle

Fashion and Lifestyle – Tsinghua design school accused of internalized racism for accentuating Chinese models’ slanted eyes at runway show

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Fashion and Lifestyle – Did graduates of a prestigious design school feed into racist stereotypes with a fashion show featuring models who all had noticeably slanted eyes, and makeup to accentuate their “Chinese eyes”? Or are Chinese internet users just oversensitive?
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