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Millions for malaria drug scheme | Millions for malaria drug scheme |
(5 days later) | |
The UK government is donating £40m to a new global effort which aims to bring down the price of malaria drugs. | The UK government is donating £40m to a new global effort which aims to bring down the price of malaria drugs. |
The idea is to widen access to more effective medicines for people in developing countries. | The idea is to widen access to more effective medicines for people in developing countries. |
Malaria still claims the lives a million people a year, including 2,000 children a day in Africa. | Malaria still claims the lives a million people a year, including 2,000 children a day in Africa. |
In total, £150m is being donated by governments and international bodies, which will go to help people in 10 African countries and Cambodia. | In total, £150m is being donated by governments and international bodies, which will go to help people in 10 African countries and Cambodia. |
13p treatment | 13p treatment |
Under the two-year pilot, the international donations will be used to negotiate price cuts for the combinations of drugs which are needed to beat the resistance built up by the malaria parasite. | Under the two-year pilot, the international donations will be used to negotiate price cuts for the combinations of drugs which are needed to beat the resistance built up by the malaria parasite. |
These medicines are much more expensive than older treatments - especially at market stalls or in private pharmacies, where many patients in developing countries will be buying them. | These medicines are much more expensive than older treatments - especially at market stalls or in private pharmacies, where many patients in developing countries will be buying them. |
The global partners, backed by the UK and Norwegian governments, believe the initiative will slash the price of combination treatment from £7 a course to as little as 13p. | The global partners, backed by the UK and Norwegian governments, believe the initiative will slash the price of combination treatment from £7 a course to as little as 13p. |
In return, the size of the subsidy means the manufacturers are getting a predictable level of increased demand. | In return, the size of the subsidy means the manufacturers are getting a predictable level of increased demand. |
Philippe Douste-Blazy, who leads UNITAID, a French organisation which seeks innovative ways of raising money for global health, said: "The UK has been a crucial player in advancing the agenda. | Philippe Douste-Blazy, who leads UNITAID, a French organisation which seeks innovative ways of raising money for global health, said: "The UK has been a crucial player in advancing the agenda. |
"As we ride the wave of the global economic crisis, it is essential we don't turn our backs on the people who are less lucky." | "As we ride the wave of the global economic crisis, it is essential we don't turn our backs on the people who are less lucky." |
Reducing the burden of illness and death from malaria is one of the Millennium Development Goals, which are supposed to be fulfilled by 2015. | Reducing the burden of illness and death from malaria is one of the Millennium Development Goals, which are supposed to be fulfilled by 2015. |
The executive director of the Global Fund, Michel Kazatchkine, said: "There's no reason any more for any child to die from malaria. | The executive director of the Global Fund, Michel Kazatchkine, said: "There's no reason any more for any child to die from malaria. |
"This is a very wise investment in global health." | "This is a very wise investment in global health." |
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