Category Finance

Focus On Quality For Patients Saves Billions Of Dollars

Daniela Bagozzi writes: Ten years of efforts in treatment for priority diseases has yielded impressive results both in terms of lives and dollars saved. To maintain progress in a volatile and financially tight environment countries and the international community will need to increase pressure on quality and healthy generic competition.

WIPO Members Debate Reduction Of PCT Fees; Send Back PPH Proposal

Members of the World Intellectual Property Organization Patent Cooperation Treaty (PCT) met this week to discuss possible amendments to the regulations under the treaty. Among issues discussed were possible fee reductions, the proposed formal integration of the Patent Prosecution Highway into the treaty, and the coordination of technical assistance under the treaty.

World Health Assembly: Members Debate US Proposed Advisory Meeting On Health R&D

Taking the World Health Assembly by surprise, the US delegation today made a proposal to advance progress on the monitoring, coordination, and financing of health R&D in committee discussions today. Their suggestion to convene an advisory meeting is being discussed in an informal drafting group in a side room. The committee has adjourned until Monday, but the drafting group will continue over the weekend.

World Health Assembly: Groups Seek To Return Focus To ‘Broken’ Medical R&D System

The issue of access to medicines is on the agenda at this week’s World Health Assembly (WHA) and public health advocates are seeking greater clarity and detail about the latest member state effort to address failings in the global system of research and development for medical products.

Reports: Obama’s Proposed 2014 Budget Favours Patent Office, R&D, Generic Drugs

US President Barack Obama yesterday released his proposed budget for fiscal year 2014, and according to reports it would give the US Patent and Trademark Office (USPTO) control over its revenues, and would be mixed for the biopharmaceutical industry while taking several steps to boost generic medicines.

Health Research Colloquium Calls On Countries To Invest More In R&D

During the recent Council on Health Research for Development (COHRED) Colloquium 2013, participants highlighted the value of research and development in supporting public health and the importance of building self-reliance for countries through government investment, according to organisers. Some of the themes discussed during the event will be included in a report on public health policy, which will be published in The Lancet later this year.

Global Fund Receives USD 1.65B From US Congress; Names New Board Leadership

The United States Congress on 21 March approved US$ 1.65 billion in aid and support for the Global Fund to Fight AIDS, Tuberculosis and Malaria, and US$ 4.07 billion for the US President’s Emergency Plan for AIDS Relief (PEPFAR). The Global Fund also announced a new Board chair and vice-chair.

US Supreme Court To Hear Arguments On Pay-For-Delay Drug Deals

The United States Supreme Court is scheduled to hear oral arguments on Monday in a case in which the US Federal Trade Commission is questioning payments made by brand name pharmaceutical companies to generic producers for delayed entry into the market of lower priced generics.