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Persuading Big Pharma to make vaccines for the poor »

Posted by: Ousama 1 year, 6 months ago

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How can pharmaceutical companies be persuaded to develop vaccines for diseases of the poor, when poor people can't afford to buy them? The not-for-profit Global Alliance for Vaccines and Immunisation (GAVI) and the World Bank have come up with a solution: rich countries should give money to poor countries to pay for the vaccines in advance.

Read Full Story at newscientist.com

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    Eagle_Eye1 year, 6 months ago

    This is so true, not enough money for them to make off the poor. They also do this to what is called "Orphan" diseases. Some thing that is rare and there is not enough demand for a medicine because it strikes smaller numbers.

    Some where the Pharmacutical companies need their advertising dollars cut off and instead redirected to fund research.

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      tomboy5011 year, 6 months ago

      Agreed. Big Pharma's advertising campaigns are completely out of control. Those 5-page glossy magazine ad spreads littering every major publication now are ridiculous. And the rest of their slush money seems to go to political lobbying...$$$ for research only limited to what will provide a healthy return.

      At least Big Oil is straight up about their cold greed. Big Pharma pretends to be interested in health and welfare.

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    hamy1 year, 6 months ago

    Wow! Someone finally is making the big drug companies do something about diseases that can easily be wiped out. I am so sad to see that the big donation to this organization from the US is the Gates Foundation.

    Billions to kill people, nothing to save them. That will be Bush's legacy.

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      Zodd1 year, 6 months ago

      What is the incentive to provide drugs for free? Pharmaceutical companies are just that, companies and like any other publicly held company their primary purpose for being in business is paying dividends for the shareholders who own the company. If they are not returning a profit they cannot stay in business. Capitalism is first and foremost about profit. It's not a perfect system but it works. No company can stay in business buy giving away their product without recovering the cost of production, advertising, R&D, manpower etc. That is no comfort to people who need certain medicines and cannot afford them but unless there is an incentive to produce these medicines the pharmaceutical companies have no reason to reduce their profits. It is not about doing the right thing, it is about business

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        tommmmie1 year, 3 months ago

        What do the drug companies charge Canada when we can buy drugs from them made by the same U S drug companies at 50% of what they charge here.

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        jordan111 year, 6 months ago

        David said "Politically motivated groups who are looking for a third party to abuse to energize their political base are the dishonorable people.">>>>

        David, you mean like women who seek abortions, or the rights of gay people? Anyway, it took a lot of pressure to get the big pharmaceuticals to come down in the prices for AIDS drugs, right here in this country. Oversight is needed, and if you want to make that 'political', I'm sure nothing will change your mind.

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          getreal11 year, 6 months ago

          After a certain quota of deaths have passed they will offer free vaccines again. Like the way they use war. As I was told by one of our troopers back from Iraq, they use war to thin out the populations. A most cold statement. Which I would like to say is not true.

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            tommmmie1 year, 3 months ago

            The greed of the companies will have the final effect on the U S. If there was a drug to stop a pandemic from happening and the drug companies only let people who can afford the vaccines have them, the diseases will not only wipe out the poor, but the mutations will wipe out the rest. All for the pockets of the CEO's and major stockholders. They do it with flu shots now.

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            OldRusty1 year, 6 months ago

            I say medicine of any kind should be free to any one, any where, any time,If man kind is going to advance beyond, the WAR lords and political upheavals in todays time, simple things, like clean water, clean air, basic food, medicine,and even cell phones, and inter-net, should be available to everyone free.Now what do you think about that?

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              fotoman11334061 year, 6 months ago

              Guys,

              Sorry, but the poor...for that matter, almost all mankind are'nt worth it. Those that have(rich)--GOD is money. And you can't take any amount away from them. That would be...

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                JackofallChems1 year, 6 months ago

                For all you left-wing braindrains that want pharma companies to work for free, I have bad news for you that comes from personal experience. You've already stolen so much money from big pharma companies already through price manipulation and the threat/reality of patent expropriation in European countries, Canada, etc., that there's not enough money for big pharma companies to be charitable and still provide even reasonable paychecks for the people that work there. I've worked as a long-term temp (see Microsoft for details on that big-corporation scam) in two of the big pharma companies and didn't get into either one in spite of rave reviews from my supervisors because neither one had the $$ in the budget to hire all of the people they wanted - or needed - for their drug development projects. Tell the poor of the world that they can buy their own drugs, beg Bill Gates to buy them instead, or just drop dead. Other options aren't there, due to socialist thievery. Got it? Good.

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                  JackofallChems1 year, 6 months ago

                  Oh, and by the way, I've dropped out of the medical industry and gone back into industrial chemistry research, and then strolled back in, and now I'm in another section of the medical technology sector because there's actually jobs that haven't been destroyed due to socialism and the delusion that 'everyone has a right to health care'. That being said, however, I'm not stating exactly which part of the medical industry I'm in, because I'd like to keep a roof over my kid's heads for longer than the two weeks it would take for Eurotrash and their moronic disciples in Canada and Australia to start stealing money from my obscure corner of the U.S. economy. You all do realize that innovators that can't get paid a decent buck for innovating will eventually quit trying and sweep floors for a living, even in high-end medical stuff, right? Of course you do. Socialism is exploitation and abuse of the poor under the pretext of assistance, after all.

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                    jordan111 year, 6 months ago

                    For all you left-wing braindrains that want pharma companies to work for free, I have bad news for you that comes from personal experience. You've already stolen so much money from big pharma companies already through price manipulation and the threat/reality of patent expropriation in European countries, Canada, etc., that there's not enough money for big pharma companies to be charitable and still provide even reasonable paychecks for the people that work there.>>>>>

                    hahahahaha! You've been had, m'dear. Yanno where Pfizer is hiding out with its Lipitor? Ireland. They save MILLIONS in taxes by hiding out there with that drug, which is the biggest selling drug in the WORLD! One months supply, for ONE person in the U.S., costs approx. $140.00. And to add insult to injury, the people in other parts of the world pay LESS than Americans do, while Pfizer hides from taxes, & submits for AMERICAN tax dollars to help it pay for its research.

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                    Eagle_Eye1 year, 6 months ago

                    Stop blaming American's for our governments and greedy corporations (with their big salaries and bonus packages that takes ((STEALS)) the money for multiple houses, luxuries vacation islands, yachts, etc) doing and foreigners for taking. That is wrong and so is your rant, the Pharmacutical companies have been ripping off the American People for Years.

                    Sounds like you have some serious anger issues, chill

                    Peace

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                      JackofallChems1 year, 6 months ago

                      The estimated cost for GlaxoSmithKline to develop a malaria vaccine for African countries is about $800 million, and they have been trying to do it on a low budget with less than half of the money coming from the Gates foundation, as of about 1 1/2 years ago. The real cost, thanks to the things that almost inevitibly go weird during a drug development project when the stuff hits the larger clinical trials, will almost certainly be between a billion and two billion. That money goes mostly toward infrastructure, lab supplies, and the researchers that figure things out - managers don't start pulling the big bucks until the stuff is on the market, assuming that there's a profit in the first place. When you figure out how many researchers get ripped off by price fixing, or who simply have to find another line of work and let drugs go undiscovered or undeveloped, you'll know why my 'rant' is really just a mild statement of reality for people with eyes that simply won't see.

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                    trippyocean1 year, 6 months ago

                    The Pharms don't want to make vaccines for the poor because they can't pay for them. They only want to keep money in the circle. But if we can break that circle; i'm all for it.

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                      geoffhasler1 year, 3 months ago

                      Sadly, U.S. drug companies are not totally altruistic. Patient Assistance Programs, that this company has processed over 130,000 medication requests for, saving U.S. consumers over $20 million, provide that U.S. drug companies get a tax benefit for the hard cost of the drugs that they provide under these Programs. If the U.N. or World Bank extended similar benefits to U.S. drug companies to do this, U.S. drug companies would probably be more forthcoming. U.S. Patient Assistance Programs, that provide free medications to low income, uninsured Americans, helped almost eight million Americans last year.

                      Geoff Hasler, MyFreeMedicine.com, LLC, CEO

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