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Factors Could Work Against Cadmex's Decision To Grant Sublicensing Agreements

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Factors Could Work Against Cadmex's Decision To Grant Sublicensing Agreements
Addressing International Legal and Ethical Issues
LAW/421
October 14, 2013

Addressing International Legal and Ethical Issues
The “Addressing International Legal and Ethical Issues” simulation explored the factors one must consider when an American corporation enters an international contractual relationship with a foreign business partner. The issues presented are as follows:
What are the issues involved in resolving legal disputes in international transactions?
The legal issues involved in resolving legal disputes in international transactions are the selection of which set of laws to follow and the forum used for dispute resolution. Specificity used in writing international contracts provides a clear structure for resolving potential legal issues. When …show more content…
These factors will decide if the potential financial gain of such a move will outweigh the long term financial, ethical, and legal impact to all parties involved. Additionally, one must consider possible intervention from the American or foreign governments as well as prevailing international organizations.
What factors could work against CadMex 's decision to grant sublicensing agreements?
Deciding to sublicense the production of CadMex’s drugs creates potential concerns of quality, time, and costs. CadMex must ensure it protects the quality of generic versions of its products by sublicensed manufacturers. Both CadMex and the local companies in companies must review the costs involved with establishing manufacturing in Candore. CadMex has the additional responsibility of factoring the cost of sublicensing to its earnings. Finally, the time needed to establish sublicensing agreements and local manufacturing may be an obstacle to success in this
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