WHO okays clearer drug pricing — but big pharma still protected

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South Africa Headlines News

Drug companies argue that cost information is a commercial secret and companies just have a commercial incentive to tackle disease

Geneva — World Health Organisation members agreed on Tuesday to push for clearer drug pricing but stepped back from proposals by activists to force pharmaceutical firms to disclose the cost of making medicines.

An earlier draft of the text would have given the WHO explicit powers to collect and analyse data on procurement prices and costs from clinical trials — but that wording was omitted from a draft published on Tuesday. WHO member states will also pledge to support dissemination of information about the costs from clinical trials, if it is already publicly available or voluntarily provided, regardless of the outcome of the trial.

Source: News Formal (newsformal.com)

 

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