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Increased patent protection for companies in rich countries costs developing countries $40 billion each year
Under pressure from powerful corporations, the rich world is insisting on stringent patent protection. This will push up the price of essential products like seeds, medicines, textbooks, and software.
Vital drugs will be priced out of reach of poor people. Fourteen million people die from treatable diseases every year. Many of these lives could be saved if cheap drugs were available.
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