Category Finance

High-Level UN Initiative On Global Public Health Gap Holds Landmark Hearing

An initiative of the United Nations secretary general yesterday gathered what could be described as an assembly of many of the world’s best thinkers and practitioners on public health and intellectual property rights. Industry, activists, academics, international organisations, and possibly some governments poured out their views for nearly seven hours – at times coming to tears and tension – shepherded by an astute moderator, as they responded to the call to take a longstanding debate on medicines access and high prices to a breakthrough.

WHO Welcomes UN Secretary-General’s High-Level Panel, Offers Suggestions

The World Health Organization has provided a list of suggestions to the United Nations Secretary General’s High-Level Panel on Access to Medicines, highlighting WHO activities in this area and making suggestions on areas the WHO has not yet been able to complete. It also describes several new proposals by WHO, including a global “fair pricing forum,” a pooled health product R&D fund, and a global antibiotic research and development facility.

Alleged R&D Costs: Not A Transparent Driver Of Drug Prices

Whether laws enforcing transparency on costs would help curb extortionate drug prices in today’s world is hardly predictable now that pharma companies and their allies are lobbying governments to scupper any rules that would require them to disclose the real R&D costs and profits of their medicines and the rationale for charging what they do, writes Daniele Dionisio.

European Patents Rising; EPO President Denies Retirement Package

BRUSSELS -- Patents applications are on the rise in Europe the European Patent Office President Benoît Battistelli said today, with half of the applications coming from European inventors. The United States led followed by Germany, and Japan, and China showing a strong growth. The EPO president also announced the signature of an agreement with one trade union against a background of social unrest in the organisation.

US Congressional Hearing On WIPO Accountability This Week

Several subcommittees of the United States Congress have scheduled a joint hearing this week on accountability and possible mistreatment of staff and whistleblowers at the UN World Intellectual Property Organization. The witness list for the hearing includes several high-level critics of the current WIPO director general who used to work for him. Meanwhile, observers are questioning what has happened to the report from an official UN investigation of WIPO.

Kenyan Musicians Escalate Fight For Royalties

NAIROBI, Kenya -- The battle for music royalties in Kenya has spurred musicians and artists to demand transparency and accountability in the Music Copyright Society of Kenya (MCSK), the body that collects and distributes the fees.

The Zika Virus Challenge: Mapping A Policy Path To Vaccine Development

The lack of preparedness to counter the effects of Zika virus follows a familiar script - a virus known since 1947, but one that has no currently available vaccine or treatments, like many neglected tropical diseases. This case could be illustrative of the wider struggle to finance investments into neglected diseases, but may tell a different story given its rarity of occurrence. It also may demonstrate how the World Health Organization is re-emerging as the global leader on response to outbreaks.