HOME >> MEDICINE >> NEWS
Pharmaceutical industry still failing health needs of less-developed countries

The third article about the role of the pharmaceutical industry in medicine--The Pharmaceutical Industry as a Medicines Provider--is published in this week's issue of THE LANCET.

David Henry from the University of Newcastle, Australia, and Joel Lexchin from the University of Toronto, Canada, discuss how rising prices of medicines are putting them beyond the reach of many people, even in rich countries. In less-developed countries, they state, millions of individuals do not have access to essential drugs, and drug development is failing to address the major health needs of these countries. The authors also comment how the prices of patented medicines usually far exceed the marginal costs of their production -- while the industry maintains that high prices and patent protection are necessary to compensate for high development costs of innovative products, there are doubts about the figures that form the basis of these claims.

David Henry comments: "The international pharmaceutical industry manufactures and distributes many good drugs, displays generosity in its philanthropic activities, and has an important role in maintenance of manufacturing standards. However, evidence shows that companies have shifted their core activities from discovery and development of innovative drugs to marketing of products that keep profit to a maximum in high-income countries."

He adds: "Access to important drugs by low-income countries is generally agreed to remain grossly inadequate. Some international manufacturers have responded to this crisis by sharp reductions in prices of some products and by donations. These moves largely seem to have been in response to external pressures, especially bad publicity and generic competition, rather than initiatives of the companies themselves. Restoration of true market forces and fair pricing of drugs is a better long term solution to shortages than 'ad hoc' donations. These issues are particularly relevant and timely
'"/>

Contact: Richard Lane
richard.lane@lancet.com
44-207-424-4949
Lancet
14-Nov-2002


Page: 1 2

Related medicine news :

1. Pharmaceutical marketing tactics hold little sway with prescribing physicians
2. Eyetech Pharmaceuticals, Inc. announces macugen data on treating macular degeneration
3. Pharmaceutical Achievers
4. MetaPhore Pharmaceuticals initiates Phase I clinical trial of enzyme mimetic compound for oncology
5. Maret Pharmaceuticals presents promising Phase I/II clinical MARstem™ results at international symposium on new drugs in cancer therapy
6. NIH awards grant to MetaPhore Pharmaceuticals to study novel pain treatments
7. American Association of Pharmaceutical Scientists Dietary Supplements Forum examines science behind nutraceuticals
8. Aventis Pharmaceuticals Allegra (Fexofenadine Hcl) 30-Mg tablets now available to treat seasonal allergies, chronic hives in children 6 to 11 years
9. Pharmaceuticals and personal care products
10. New publisher announced for Journal Of Pharmaceutical Sciences
11. American Association of Pharmaceutical Scientists tapped to manage PQRI

Post Your Comments:
(Date:3/31/2015)... Los Angeles, CA (PRWEB) March 31, 2015 ... surgery references on the Internet, is proudly enduring adding ... both cosmetic doctors and the consumers of plastic surgery ... site. With more user-friendly pages and interconnected sections, the ... , The newest addition to the Cosmetic Town site ...
(Date:3/31/2015)... In conjunction with the Asbestos ... the Mesothelioma Applied Research Foundation (Meso Foundation) announced ... complement its existing work in mesothelioma research, education, ... the Meso Foundation’s mission, we want to eliminate ... to asbestos, including mesothelioma,” said the Meso Foundation’s ...
(Date:3/31/2015)... FL (PRWEB) March 31, 2015 ... Systems (ADS) is offering advice for buying from ... Equipment Dealers Association (NMEDA) is a nonprofit organization ... professionalism in the manufacturing and installation of mobility ... companies in the industry that consistently adhere to ...
(Date:3/31/2015)... 2015 Calling all runners, walkers and everyone ... tick-borne diseases! The first annual “Lyme Walk & Run” will ... Stamford, CT. The event, hosted by Lyme Research Alliance ... funds to support research and education about Lyme and other ... ages and abilities, will feature 5K and 10K runs and ...
(Date:3/31/2015)... Hollywood, Florida (PRWEB) March 31, 2015 ... that activities like basketball, rock climbing, and cycling are ... called Adaptive Sports at Memorial Rehabilitation Institute aims to ... the Memorial Healthcare System, will host an Adaptive Sports ... p.m.) at Memorial Regional Hospital South in Hollywood. ...
Breaking Medicine News(10 mins):Health News:Cosmetic Town is Now Transforming so Consumer can Better Navigate 2Health News:Mesothelioma Research Organization Announces New Prevention Program 2Health News:Mesothelioma Research Organization Announces New Prevention Program 3Health News:Advanced Driving Systems Celebrates National Disability Month 2Health News:Lyme Research Alliance & Tick-Borne Disease Alliance to Kick-Off 1st “Lyme Walk & Run” Event, April 26 2Health News:Memorial Healthcare System's Adaptive Sports Expo Encourages Physically Challenged To Go Beyond Perceived Limitations 2
(Date:3/31/2015)... 2015 /CNW/ - Today, the Honourable Rona Ambrose, Minister of ... organizations to discuss the Government of Canada,s ... The roundtable provided an important opportunity for ... priorities and discuss roles and responsibilities in addressing AMR. ... use (also known as antimicrobial stewardship) was a key ...
(Date:3/31/2015)... , March 31, 2015 Mauna ... multidisciplinary confocal laser endomicroscopy platform, today announced the set-up ... Grenoble (university hospital center). The CHU de Grenoble is ... to propose to its gastroenterology, interventional pulmonology and ... a higher standard of care thanks to the endomicroscopy ...
(Date:3/31/2015)... 2015 Research and Markets ( http://www.researchandmarkets.com/research/gj8bvd/global_nuclear ... Nuclear Imaging Market 2015-2019" report to their offering. ... market to grow at a CAGR of 5.89 percent ... report, Global Nuclear Imaging market 2015-2019, has been prepared ... industry experts. The report covers the Americas, and the ...
Breaking Medicine Technology:Government of Canada hosts roundtable discussion to advance Canada's work on antimicrobial resistance 2Government of Canada hosts roundtable discussion to advance Canada's work on antimicrobial resistance 3Government of Canada hosts roundtable discussion to advance Canada's work on antimicrobial resistance 4Grenoble University Hospital First Hospital in France to set up a Multidisciplinary Optical Biopsy Program With the Cellvizio Endomicroscopy Platform 2Grenoble University Hospital First Hospital in France to set up a Multidisciplinary Optical Biopsy Program With the Cellvizio Endomicroscopy Platform 3Global Nuclear Imaging Market 2015-2019 with GE healthcare, Philips Healthcare & Siemens Healthcare Dominating 2
Cached News: