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Strong Medicine

Creating Incentives for Pharmaceutical Research on Neglected Diseases

Autor: Michael Kremer, Rachel Glennerster

Limbă:

Legare: Copertă tare

Editura: Princeton University Press

Disponibilitate: În depozitul extern

Expediem în 14-21 zile

372.61 lei

Millions of people in the third world die from diseases that are rare in the first world - diseases...

Informații despre carte

Autor

Michael Kremer, Rachel Glennerster

Limbă

engleză

Legare

Carte - Copertă tare

Publicat

2004

Pagini

152

EAN

9780691121130

ISBN

0691121133

Enbook ID

04640945

Editura

Princeton University Press

Greutate

418

Dimensiuni

162 x 242 x 18

Descriere completă

Millions of people in the third world die from diseases that are rare in the first world - diseases like malaria, tuberculosis, and schistosomiasis. AIDS, which is now usually treated in rich countries, still ravages the world's poor. Vaccines offer the best hope for controlling these diseases and could dramatically improve health in poor countries. But developers have little incentive to undertake the costly and risky research needed to develop vaccines. This is partly because the potential consumers are poor, but also because governments drive down prices. In "Strong Medicine", Michael Kremer and Rachel Glennerster offer an innovative yet simple solution to this worldwide problem: 'Pull' programs to stimulate research.Here's how such programs would work. Funding agencies would commit to purchase viable vaccines if and when they were developed. This would create the incentives for vaccine developers to produce usable products for these neglected diseases. Private firms, rather than funding agencies, would pick which research strategies to pursue. After purchasing the vaccine, funders could distribute it at little or no cost to the afflicted countries. "Strong Medicine" details just how these legally binding commitments would work. Ultimately, if no vaccines were developed, such a commitment would cost nothing. But if vaccines were developed, the program would save millions of lives and would be among the world's most cost-effective health interventions.