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Politics slows agreement on lifesaving drugs Washington Post A decade ago, Roy Vagelos, who then was chief executive at Merck, visited The Post. At some point, he was asked about the race to find a cure for AIDS and what kind of bonanza would go to the first company to come up with one. Vagelos assured us that there would be no bonanza. World opinion, he explained, would force the company to waive its patent rights, write off its research costs and let anyone sell the magic pills at their production cost. Vagelos, it turns out, was a bit pessimistic — Merck and other companies have made good money in industrialized countries with drugs that are remarkably effective in controlling AIDS.
—Posted: July 4, 2003
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