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Purchase commitments : Big business bias or solution to the 'neglected diseases' dilemma?

journal contribution
posted on 2005-10-31, 00:00 authored by Hans Lofgren
Miniscule research resources are allocated to researching the diseases of developing countries such as malaria, tuberculosis (TB), dengue fever, river blindness, Chagas disease and leishmaniasis, and the strains of HIV prevalent in Africa. Plainly, the patent system and the commercial model of drug research fail to respond to the needs of the poor for the simple reason that the poor exercise little purchasing power. But pressures are mounting on governments and corporations to tackle the ‘neglected diseases’ calamity. An important argument in an intense global debate is that corporations would respond to the needs of developing countries if the diseases of the poor could be made profitable. This is the idea developed by Kremer and Glennerster in a crisply written book, Strong Medicine: Creating Incentives for Pharmaceutical Research on Neglected Diseases.


History

Journal

Australian review of public affairs

Pagination

1 - 5

Publisher

School of Economics and Political Science, University of Sydney

Location

Sydney, N.S.W.

ISSN

1832-1526

Language

eng

Publication classification

C2 Other contribution to refereed journal; C Journal article

Copyright notice

2005, University of Sydney

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