Identify the intellectual property implications in this scenario.

Six months ago Acme Inc. received a patent on a drug that will cure cancer. Acmes president has publicly stated he has no plans to market the drug. Beta Inc. copies the drug and releases it on the market. Beta makes no profit on the sale of this drug and only charges enough to cover its costs in manufacturing. In 1500 2100 words address the following:
Identify the intellectual property implications in this scenario.
Discuss how alternative dispute resolution applies.
Identify the ethical dilemma faced by Acme and the dilemma faced by Beta. Use two ethical frameworks to discuss the recommended course of action by both companies.

"Looking for a Similar Assignment? Order now and Get a Discount!