-
The Ebola Vaccine, Latrogenic Injuries, and Legal Liability
Making vaccines is a risky, oftentimes unenviable business. Vaccines are administered to healthy people who tend to be unforgiving if an adverse side effect or injury subsequently develops. The risk of being sued, even when a vaccine supplier follows best practices, combined with growing anti-vaccination sentiment, creates a climate that is not conducive to vaccine innovation. The dissuasive effect of litigation risk and legal liability is heightened both for vaccines aimed at diseases of poor countries, for which the financial inducements are weak anyway [1,2], and vaccines for public health emergencies, which are developed in accelerated clinical trials that may lack the statistical power or detailed follow-up necessary to detect rare adverse effects. Yet, as the West African Ebola outbreak demonstrates, the world can ill afford not to have vaccines against diseases of poverty in emergency situations [1]. Several reasons exist for not having a vaccine available, relating to the biology of the virus and the epidemiological challenges pertaining to evaluating a vaccine for a rare disease. However, financial incentives and disincentives for vaccine manufactures to invest in vaccine trials for rare diseases in resource-poor countries also need to be considered. We argue that, as one part of a comprehensive plan to promote vaccine development, there needs to be a plan to lessen the risks of litigation and liability to remove disincentives for these vaccines to be developed and later deployed. As others point out, no satisfactory plan now exists [3].
- Categories
- Health Care
- Region
- Sub-Saharan Africa
-
Nucleus Launches Offline Digital Cash Solution in India
Adding another tool to push the Indian economy from cash to digital, Bombay Stock Exchange-listed banking and financial solutions company Nucleus Software Exports Ltd on Wednesday launched an offline digital cash solution technology, PaySe.
- Categories
- Technology
- Region
- South Asia
-
In India, IBM’s Watson Will Aid Cancer Care Where Doctors Are Scarce
IBM IBM +0.00% and a large hospital system in India have partnered to diagnose and treat cancer care in a country of 1.2 billion residents who often cannot access oncologists, leaving their diseases undetected and untreated.
- Categories
- Health Care, Technology
- Region
- South Asia
-
Building an Inclusive Financial System, One City at a Time – an Interview with Citi’s Bob Annibale
I recently had a chance to speak with Bob Annibale, global director of Citi Community Development. Annibale’s work for Citi touches on everything from microfinancing to neighborhood revitalization. We discussed partnering with mayors, helping the unbanked, immigrant integration and more.
- Categories
- Uncategorized
-
India’s “Health Camps”: The Drug Rep Will See You Now
Pharmaceutical sales representatives are screening people in India in return for prescriptions for their products while calling it corporate social responsibility. Frederik Joelving investigates.
- Categories
- Health Care
- Region
- South Asia
-
Kenyans to Trade Equities on Safaricom Mobile Phones in 2016
Safaricom Ltd., East Africa’s biggest mobile-phone operator, expects Kenyans to start trading stocks on their mobile phones early next year, using a product it developed to enable customers to buy government bonds, Chief Executive Officer Bob Collymore said.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- digital payments
-
The All-In-One Solution to Sexual Health Is On Its Way
The current sexual and reproductive prevention methods have significantly improved the health and well-being of women and their families. But this is not enough. Worldwide each year there are still 85 million unplanned pregnancies, 21.6 million unsafe abortions, and nearly 300 000 maternal deaths from complications related to pregnancy and birth.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
-
The World’s First Impact Focused Equity Crowdfunding Portal Launches to Fund Pan African Start Ups
Small and medium-sized enterprises (SME's) are the primary job creation engine in Africa, accounting for over 95% of firms and 60%-70% of employment. Yet, SME's on the continent report access to finance as the biggest obstacle to growth. Malaik, an impact-focused equity crowdfunding portal, test launched today, to connect investors interested in impact investment opportunities and entrepreneurs raising equity finance. Malaik offers the global community clear and well-documented opportunities for high impact investing in African businesses, a chance to participate in Africa's growth story.
- Categories
- Impact Assessment, Investing
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.