Changing priorities for major generic drug producers could lead to rising drug prices in developing countries

NewsGuard 100/100 Score

This is Africa reports on how changing priorities for major generic drug producing countries, such as Brazil, India and China -- countries that "redefined affordable drugs, making access to medicines possible for millions in low-income regions" -- and greater adoption of intellectual property rules could reshape the African pharmaceutical landscape, potentially leading to price increases, according to some experts.

"Access to medicines has improved dramatically over the last decade, driven by the rise of cheap pharmaceuticals from Asia, domestic efforts by governments of developing countries, commitment from donors, and price cuts from brand producers," the news service writes, adding, "How African governments respond to this changing terrain will determine whether the progress of the last decade can be quickened." The news service examines different markets for brand-name and generic drugs and other medical technologies, but concludes, "Governments, not companies, emerge as the most important actors in ensuring wide access to medicines for their populations. Their policies, from intellectual property rules to public investments in higher education and roads, may prove more important than the whims of companies in Delhi, Geneva or Beijing" (Green, 11/15).


http://www.kaiserhealthnews.orgThis article was reprinted from kaiserhealthnews.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente.

Comments

The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News Medical.
Post a new comment
Post

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

You might also like...
Study unlocks genetic secrets in APOEε4 carriers that could defend against Alzheimer's