Pharmaceuticals companies cannot be expected to keep picking up the bill for tackling global pandemics, the head of the World Health Organisation has warned, urging the creation of a new funding mechanism for emergency drugs and vaccines.
Margaret Chan, WHO director-general, said the pharma industry had spent almost $1bn developing Ebola vaccines in the past two years without any return on investment.
“The question we need to ask is can we continuously tax the industry like this? Yes, maybe once, but not every time.”
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