Final Exam Paper Essay Example | Topics and Well Written Essays - 500 words

Final Exam Paper - Essay ExampleThere are some(prenominal) pharmaceutical companies in capital of Kuwait that whitethorn offer Support to Genentech in terms of buying their drugs and interchange them to people. For example, the Kuwait Saudi Pharmaceutical s industries that are a leading ships company in the reconstruct and marketing of pharmaceutical drugs. For success, Genentech has to impart to be linked to such companies. However, there are no encouraging pharmaceuticals clusters in Kuwait that would facilitate the buying and marketing of the drugs.The Kuwait Government has to offer support for Genentech for the company to establish itself successfully. This is possible since the government has been supporting research in different areas notably agriculture and scotch improvement. This support is mainly sendn to home industries therefore, it will problematic for Genentech to get support since it is a outside companyLaws that protect intellectual property in Kuwait are fou nd in law of nature No. 4 of (1962). Companies are allowed to register patents and intellectual property in Kuwait provided they are inhabitants of countries that give Kuwait reciprocity. After the company registers its patent with the patents Office, it gains the rights to use that patent. The right is valid for 15 years and may be renewed for an extra five yearsIf Genentech opens up businesses in Kuwait, it will not have a problem of markets. This market would be provided by its powerful neighbors. Proximity to markets can therefore be a factor for Genentech to consider for successful establishment of a company in Kuwait. However since, Kuwait is quite Isolated, challenges of market are inevitableKuwait being a country with the majority of its universe Muslim, genetic testing is not well addressed in the regulations and has to take into consideration bioethical issues. Kuwait has no regulations on genetic testing but it respects the recommendations of the Islamic Organization for Medical