AccessToMedicine
Some new drugs aren’t actually ‘new’ – pharmaceutical companies exploit patents and raise prices for patients, but data transparency can help protect innovation
Some new drugs aren’t actually ‘new’ – pharmaceutical companies exploit patents and raise prices for patients, but data transparency can help protect innovation Pharmaceutical companies often exploit patents to raise prices for patients by filing hundreds of patents for minor modifications to existing drugs, making affordable versions inaccessible for years. The patent system rewards breakthrough […]
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When developing countries band together, lifesaving drugs become cheaper and easier to buy − with trade-offs
When developing countries band together, lifesaving drugs become cheaper and easier to buy − with trade-offs Pooled procurement of lifesaving drugs can increase availability and reduce costs for developing countries, but it also comes with trade-offs that require flexibility and early planning. The study found that pooled procurement through international institutions reduced prices by 13% […]
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