UNCTAD: DEVELOPING COUNTRIES CAN IMPROVE ACCESS TO MEDICINES THROUGH LOCAL PRODUCTION
June 1st, 2011
BY MJ DESCHAMPS
THE POOREST countries in the world have an unprecedented opportunity to attract investment in the pharmaceutical sector, according to a new report by the United Nations Conference on Trade and Development (UNCTAD).
The study stressed how large research and development-based pharmaceutical transnational corporations facing the expiration of blockbuster drug patents are entering into partnerships with profitable generic manufacturers in developing countries as a survival strategy. And it said, UN-classified least developed countries (LDCs) could ...
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