BRICs Aim To Ensure Access to Affordable Drugs
- Author Dezan Shira
- Published September 18, 2011
- Word count 398
The health ministers of Brazil, Russia, India, China and South Africa (BRICS) joined a collective talk in Beijing for the first time between July 11 and 12 and agreed to strengthen collaboration for public health improvement and oppose trade barriers that restrict access to affordable drugs.
Indian Health Minister Ghulam Nabi Azad emphasized in his address that collaboration among the BRICS is significant for ensuring universal access to affordable, safe and effective medicines and vaccines. Believing the enforcement of intellectual property rights (IPRs) – which could be realized through the proposed Anti-Counterfeiting Task Force – will reduce competition in the generic drugs market and drive up medicine prices, Azad asked all BRICS members to oppose any moves by developed nations to tighten IPR rules.
Azad pointed out that all the BRICS countries are still faced with a number of public health challenges, such as inequitable access to medicines and health services, rising health-care costs, infectious diseases, and the increasing rate of non-communicable diseases. Michel Sidibe, executive director of Joint United Nations Program on HIV/AIDS, also noted that more than one-third of the HIV/AIDS population now live in BRICS nations.
Such challenges have underscored the significance of keeping affordable drugs available in the developing markets. In fact, in her speech, the World Health Organization’s Director General Margret Chan hoped the BRICS can increase generic drug production, so that other manufacturers will allow the prices to drop as a result of more competition.
Currently, over 70 percent of all vaccines purchased by procurement agencies are provided by BRICS countries, according to the Times of India. India, the third largest pharmaceutical producer in the world in terms of volume, and the 13th largest in terms of value, has exported medicine worth US$10 billion to other parts of the world between 2009 and 2010. The country’s large production of generic drugs – whose quality, safety and efficacy are well-ensured – has greatly contributed to reducing the cost of HIV/AIDS treatment as well as medication for other types of diseases.
During the talks with Chinese Health Minister Chen Zhu, Azad also hoped China will expedite the registration process for Indian pharmaceutical companies that look to enter the Chinese market. As a response, Chen said he has acknowledged the benefits as well as cost advantage of Indian drugs. It is hoped that increasing pharmaceutical trading ties among the BRICS can help reduce their reliance on expensive Western drugs.
This article about the emerging BRIC economies was written for the Asia news site, 2point6billion.com.
Article source: https://art.xingliano.comRate article
Article comments
There are no posted comments.
Related articles
- What Clients Should Know Before a Lash Extension Removal Appointment
- Common Lash Removal Mistakes New Lash Techs Should Avoid
- Lash Remover Cream vs. Liquid Remover: What Lash Techs Should Know
- Common Lash Removal Mistakes New Lash Techs Should Avoid
- Lash Remover Cream vs. Liquid Remover: What Lash Techs Should Know
- Common Eyebrow Tint Mistakes and How to Avoid Them
- Outdoor Makeup Tips for Hot Days: What to Keep Simple Around the Eyes
- How to Choose the Right Brow Tint Shade for a Natural Look
- Best Eye Makeup Ideas for Summer Travel and Weekend Trips
- Magnetic Lashes vs. Strip Lashes: Which Is Easier for Beginners?
- Lotus Carved Decorative Doors
- Where Your Donation Matters Most: Helping the Poor with Medical Care and Animal Welfare in India
- How Sponsoring Elderly Care in India Creates Lasting Social Impact
- Motorcycle Accidents in Hattiesburg: Mississippi's Pure Comparative Fault Advantage and How It Protects Injured Riders
- Dog Bite Injuries in Colorado: How the Strict Liability Statute Works and What Injured Victims Can Recover
- Truck Accident Claims in Green Bay: How Local Industries Shape Liability
- Dog Bites in San Luis Obispo: California's Strict Liability & What It Means for Victims
- How the Region's Paper and Food Processing Industries Shape the Commercial Vehicle Liability Landscape
- Colorado Dog Bite Injury Claims and What the State's Strict Liability Law Means for Victims
- THE QUIET GRANDEUR: VINTAGE CARVED ARMOIRES FROM MOGUL INTERIOR
- Wellness by Design: Nature's Harmony in Carved Wood Doors
- Why People With Diabetes Need to Take Special Care of Their Feet
- Calcaneodynia: Understanding Heel Pain
- Collected & Crafted: A Modern Farmhouse That Tells the World's Most Beautiful Stories
- Why Winter Is Actually the Best Time to Visit Sydney
- Ireland Sino Institute Secures Media Partnership with CCTV+
- What Is Rubbish Removal? A Simple Guide for Beginners
- Eclectic Maximalist Farmhouse Style – Vintage Armoires, Sideboards & Coffee Tables That Tell a Story
- Unique, One-of-a-Kind Statement Armoires – Farmhouse Style Large Cabinets with Free Shipping from Florida
- Treatment of Sesamoditis in the Foot