This is fairly awe-inspiring stuff: a non-profit pharmaceutical company whose aim is to "identify undervalued chemicals or drugs that were created by academics or pharmaceutical companies but are not being developed, match them with very important diseases in the developing world, put them through clinical trials, get regulatory approval, and distribute them to the people who need them". Read an interview with the founder, Victoria Hale, in the New Scientist.
This is an area which is attracting more and more attention from people: we've had several ideas on the subject sent in to us:
- Solving the costs of pharmaceutical research by companies grouping together, saving development costs.
- Taxing pharmaceutical ads to fund independent 'truth' ads
- A webpage for every prescription drug with information...and for discussion by users...
- A futures market for drugs: reducing the cost of medicine
...to name but a few. One World Health, the first pharmaceutical non-profit, leads the way forward.
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