Non profit Pharma in developing countries to combat AIDS? Posted By SS Date : 15-Jul-08
Non profit Pharma in developing countries to combat AIDS? I do not claim to be an expert on non profit organizations centered around AIDS prevention or on deployment of funds by various charities. What I come across is a flurry of activity to raise funds for AIDS awareness/prevention and debates centered around drug patents .
A typical NGO seems to raise cash from the developed World and purchases patented drugs from Big Pharma. However the very fact drugs are purchased from Big Pharma at big pharma prices (probably at discount) beats the purpose.
I was wondering if there was a model where better return on capital can be achieved.
Wouldn't one be able to procure more generics from from a low cost provider based out of a low cost location ?
What if we raised funds to create a non profit pharmaceutical company in Africa/China/India that manufactures generic ARVs ( anti retrovirals) and ships drugs to the AIDS victims....
I should probably be sending a note to the Gates Foundation !!!