Cad Mex Pharma is a global leader in pharmaceutical development and healthcare products. Products include antibiotics, antidepressants, vaccines, prescription drugs, and drugs for various disorders. The company has over 85 years in experience, and has over 45000 employees in 127 countries. In January 2007, Cad Mex Pharma wants to cooperate with Gentura, a biotechnology company base in Candore. Gentura has developed ProPrez, an anti diabetic agent. Cad Mex want to license the manufacturing the technique and will have exclusive globe marketing right for Proprez. The problem right for Cad Mex is creating the contract for licensing ProPrez with Gentura and the company has to deal with Candore government.
Candore is a dictatorship governed by president Gwendoz. The variable political and economic climate in Candore makes it imperative for business from other countries to evaluate the conditions carefully before entering the contract with local companies. The good thing right now for these companies which wanted to entering the business with local companies in Candore is the country has been processing to be in WTO group. Since Cad Mex pharma wants to do business with Gentura in Candore, the company must follow the CRTIC (Candorean regulations for technology import contracts) and International Arbitration to resolve contract disputes.
Everything went out good between the two company cooperate, but in March 2012, the problem happened because the Candore government wanted Gentura subsidize Viroblax for the country. It is going to push Gentura in breach of contract with Cad Mex which have the right to license and control Viroblax. The legal rights for Cad Mex that the company could file a court and claim Gentura for breaching the contract and affect the company financially. But for ethical duty, Cad Mex should consider national health problem and subsidy for Gentura.
In the business industry, law has conflict to too many culture practices. Gender discrimination...