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Drug Companies Shift Emphasis to Vaccines

Seeded on Tue Feb 16, 2010 12:27 PM EST
Read ArticleArticle Source: Dr. Mercola
health, vaccines, big-pharma
Seeded by GOZO-unlimited
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Collectively the drug cartels make over half a TRILLION dollars every year by selling their product. That amount of money yields enormous power and leverage and they are focused on earning even more.

And how do they do that?

By finding a product they can manufacture in massive quantities and sell to infinite numbers of people at whatever price they want to charge. For a long time, psychotropic drugs and therapeutic medicines were the yellow brick road to that Wall Street goal.

Just a few years ago drug giants like Merck, Eli Lilly, GlaxoSmithKline, and Astra Zeneca were dancing in the land of Oz with blockbusters like Vioxx, Zyprexa, Paxil, and Seroquel. But when the Emerald cities they'd built with these drugs became blighted with a cyclone of lawsuits, their profits quickly began to melt.

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  • Public Discussion (2)
USA4Him

The USA has the highest prices for medicines. I thank God that I have an excellent prescription plan that covers for my Multiple Sclerosis meds! It is so sad and ridiculous how high the meds costhere in the USA! Also so sad to know that they can get away with it!

  • 2 votes
Reply#1 - Tue Feb 16, 2010 12:34 PM EST
GOZO-unlimited

What is an AMC?

An Advance Market Commitment is a promise to children around the world that we will work together to protect them from diseases that currently threaten their lives and cut short their hopes for the future.

Advance Market Commitments (AMCs) are a new approach to public health funding designed to stimulate the development and manufacture of vaccines for developing countries.

Donors commit money to guarantee the price of vaccines once they have been developed, thus creating the potential for a viable future market. Decisions about which diseases to target, criteria for effectiveness, price and long-term availability are made in advance by an independent advisory group.

The donor commitments provide vaccine makers with the incentive they need to invest the considerable sums required to conduct research, train staff and build manufacturing facilities.

As part of the AMC, participating companies also make binding commitments to supply the vaccines at lower and sustainable prices after the donor funds made available for the initial fixed price are used up.

Ultimately, developing country governments are able to budget and plan for immunization programmes, knowing that vaccines will be available in sufficient quantity, at a price they can afford, for the long term.

http://www.vaccineamc.org/about.html

  • 1 vote
Reply#2 - Tue Feb 16, 2010 12:36 PM EST
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