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PharmaGeddon XX :Cash Call

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21 Jan 2016 14:54 #288485 by ketchim
More than 80 pharmaceutical companies have called on governments to develop

new ways of paying them to develop antibiotics.

In a joint declaration, at the World Economic Forum :

they said the value of antibiotics "does not reflect the benefits they bring to society".

In return, they have promised to invest in research and improve access to antibiotics around the world

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21 Jan 2016 14:55 #288486 by ketchim
Signatories include GSK, Merck, Pfizer and Johnson & Johnson. 

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21 Jan 2016 14:56 #288488 by ketchim
It also sites the "formidable" scientific challenges that have led to many pharmaceutical companies pulling out of antibiotic research.

One of the biggest issues is money - at the moment, a company is paid only for the drugs it sells.

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21 Jan 2016 15:39 #288505 by ketchim
A report by economist Jim O'Neill had suggested lump-sum payments should be given to companies

that created proven new antibiotics,  estimating the cost to governments would be

$16-37bn over the next decade  !!

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21 Jan 2016 16:05 #288515 by chirp
I guess it pays to poison people, no? All these companies and the people who run them care about is making money poisoning people and keeping them hooked on things. They don't care about health, about nature, or about the people. Just how many more billions they can make off of them. It's sad and much of what is wrong in the world now.

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