Name: Medicine for the 99 percent
Uploaded: 2011-12-18T15:01:24Z
Duration: 17 min 55 s
Description: Sad but true: Many of the cures and vaccines our world desperately needs -- for illnesses millions of people have -- just aren't being produced or developed, because there's no financial incentive. Thomas Pogge proposes a $6 billion plan to revolutionize the way medications are developed and sold.

Sad but true: Many of the cures and vaccines our world desperately needs -- for illnesses millions of people have -- just aren't being produced or developed, because there's no financial incentive. Thomas Pogge proposes a $6 billion plan to revolutionize the way medications are developed and sold.

Thomas Pogge: Medicine for the 99 percent

Medicine for the 99 percent

The Health Impact Fund proposes a revolutionary model, rewarding drug innovations based on their global health impact rather than profits.

A pilot for the Health Impact Fund could shift pharmaceutical R&D towards drugs most needed by humanity, not just the most profitable ones.

Pharmaceutical monopolies exacerbate global health inequities by prioritizing profit over need, leaving essential medicines inaccessible.