Drug Research: Companies spend a tiny fraction on the poor and the developing world

Any of you who desperately cling to the hope that the pharmaceutical industry is there for the benefit of mankind need to look at the latest statistics for global health research.  

While health research spending is rising by about $10bn (£5.5bn) every year, virtually none of it is going towards the diseases that afflict the poor and the developing world.

In 2003 – the most recent year when figures were available – around $129bn (£72bn) was spent on health research, but less than 7 per cent went on communicable diseases.

The rest, which came from drug companies and government agencies, concentrated on the ‘lifestyle’ diseases of the West.

The Global Forum for Health research reckons that the remainder came from philanthropic and non-profit organisations such as the Bill and Melinda Gates Foundation.

If so, that means that drug companies spend almost nothing every year on diseases of the developing world and of the poor – those sectors where they can’t get a handsome return.

(Source:  British Medical Journal, 2006; 333: 936).


E-news broadcast 9 November 2006 No.308 [Subscribe]

Related WDDTY Content

WHO Does What? Health organization takes illicit donations from drug companies, report claims

The World Health Organization (WHO) – supposedly an independent voice of global health - is accepting illicit payments from drug companies, a new repo...

Approve Our Drug Or Else: How drug companies follow the scientific method

Those seven of you who still believe the pharmaceutical industry is driven more by a desire to help mankind than its shareholders might be interested...

Your Prescription: Nobody knows, except the regulator, a large corporation, and drug companies

You might reasonably assume that the treatment that your doctor prescribes for you in his surgery is as private as the confessional. But, of course,...

Toys Home, Part Two: Drug companies boycott conference following speech

That’s not the only ‘we’ll take our toys home’ tantrum from the drug companies reported this week. A young medical researcher almost stopped the show...

Losing Weight: The pills don’t work, but still the drug companies push them

Can you lose weight just by popping a slimming pill? Needless to say, the drug companies think so, and they’re in the process of making the best-sell...

Gifts: Drug companies stop sending out the free pens

Around 40 drug companies have agreed to stop sending doctors inducements such as branded pens and T-shirts.