How Drug Companies Keep Medicine Out of Reach
Friday, May 17, 2013
For almost a decade, the United States has been standing in the way of an idea that could lead to cures for some of the world’s most devastating illnesses. The class of maladies is known as neglected diseases, and they almost exclusively affect those in the developing world. The same idea, if realized, might also be used in more affluent nations to goad the pharmaceutical industry into producing critical innovations that the free market has yet to produce – things like new antibiotics, which are likely to be used judiciously, and are unlikely to be wildly profitable.
But the idea, which advocates have outlined as a treaty, and which will have its fate decided next week at the World Health Organization (WHO) where it has languished for years amid bureaucratic tumult, is “good enough to be dangerous,” in the words of one person close to the negotiations. It has thus drawn the fierce opposition of those who benefit most from the status quo, the pharmaceutical giants and the nations that claim them.
Source: The Atlantic (link opens in a new window)
- Health Care
- public health