What's Hot

    Biden withdraws National Highway Traffic Safety Administration nomination

    May 31, 2023

    AOC warns parody Twitter account ‘impersonating’ her

    May 30, 2023

    New data reveals more people living alone

    May 30, 2023
    Facebook Twitter Instagram
    Facebook Twitter Instagram
    Censored HeadlinesCensored Headlines
    • Home
    • News

      Biden withdraws National Highway Traffic Safety Administration nomination

      May 31, 2023

      AOC warns parody Twitter account ‘impersonating’ her

      May 30, 2023

      New data reveals more people living alone

      May 30, 2023

      Japanese court rules same-sex marriage ban unconstitutional

      May 30, 2023

      Nevada Democrats Pass $5,000-a-Day Amendment to Penal Schools That Don’t Allow Biological Boys in Girls’ Toilets

      May 30, 2023
    • Finance

      Why we think Bajaj Finance (NSE:BAJFINANCE) deserves attention

      December 26, 2022

      Is now the perfect time to consider early innovations for transportation systems SE (ETR:IXX)?

      December 26, 2022

      Hextar Healthcare Berhad’s (KLSE:HEXCARE) return on capital concerns include:

      December 26, 2022

      Should I buy Hong Kong Finance Group Limited (HKG:1273) for upcoming dividends?

      December 26, 2022

      A late (and flawed) start, but finally on track to financial freedom

      December 26, 2022
    • Funds

      State auditors say NM Charter School funneled public funds through the foundation to pay more to its founders.

      December 29, 2022

      ? NCTD Wins $7M Sprinter Fund + Skateboarder Joins National Team

      December 29, 2022

      Otzma Yehudit’s deal includes border police control, significantly increasing police funding

      December 28, 2022

      FTX used $200 million in client funds for two venture investments

      December 28, 2022

      Northwest Ohio Fire Department Shares Grants

      December 28, 2022
    • Investments

      Active investment is on the rise in 2023

      December 27, 2022

      Patria Investments (PAX): A Solid Asset Manager Specializing in Latin America

      December 27, 2022

      Cancer Horoscope Today December 28, 2022: Make Good Investments | Astrology

      December 27, 2022

      The end of 2022 will be the best two years for private sector investment and job creation in state history

      December 27, 2022

      ‘Oil prices above $200’ per barrel — investors expect to ‘crush’ all investment in 2023

      December 27, 2022
    • Markets

      Clear Aligners Market Research Report by Age, Type, Product Type, End Use and Region – Global Forecast to 2027

      December 28, 2022

      Automakers withdraw from public markets

      December 28, 2022

      Emerging Markets Clutch Pushes Down Trend With Significant ETF Outperformance

      December 28, 2022

      Bitcoin, ether slide. BNB Leads Profits in Top 10 Cryptos

      December 28, 2022

      What investors should be looking for in emerging markets in 2023

      December 28, 2022
    • Startup

      Trimble Acquires Integration Platform Startup Ryvit

      January 5, 2023

      In Layoff Update, Amazon CEO Tells Employees ‘We Will Cut More Than 18,000 Roles’ • TechCrunch

      January 5, 2023

      Startups face cautious investors amid economic uncertainty as CES opens

      January 5, 2023

      Telehealth Startup KeyCare Adds $3M to Series A Round

      January 5, 2023

      Japanese startup ICOMA showcases quirky Tatamel folding bike

      January 5, 2023
    • Stocks

      ‘Unceasing Congestion’: China’s Shipping Delays Snarl Trade

      February 11, 2021

      $100 Oil Predictions Soar As Analysts Warn Of Supply Crisis

      February 4, 2021

      Gupta, Greensill and Credit Suisse. How a Business Collapsed

      February 4, 2021

      Luxury Retail Giants See Portfolio Revenues Reshuffle

      February 4, 2021

      Western Digital Gains Are Worth More Than the Whole

      February 4, 2021
    Censored HeadlinesCensored Headlines
    Home»Investments»Weak systems and lack of investment in new antibiotics are major global health threats
    Investments

    Weak systems and lack of investment in new antibiotics are major global health threats

    robcreeceBy robcreeceOctober 5, 2022No Comments6 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Health systems must partner with residents, communities and patients in responding to COVID-19 and other health risks

    Russia’s war in Ukraine is depleting resources to build a better health system, and Sino-US rivalry is undermining the global solidarity needed to deal with future pandemics. .

    But drug-resistant ‘superbugs’ and massive underinvestment in new antibiotics to combat fragile primary care systems may be the number one enemy to global health.

    This was by global health leaders who were discussing ways to attract better investment in health at an event hosted by the European Investment Bank (EIB) and the World Health Organization (WHO) on Monday.

    One of the largest investments required is research and development (R&D) of new antibiotics in the face of increasing drug resistance. However, the sector attracts less than 5% of his venture capital investment in pharmaceutical R&D.

    The main reason for this, according to Barbara Kerstiens, head of the European Commission’s Directorate General for Research and Innovation’s Disease Control Unit, is the “high risk of failure”.

    Barbara Kerstiens, Head of the Disease Control Unit at the European Commission’s Directorate-General for Research and Innovation, said:

    “Under the Innovative Medicines Initiative, we have funded a large program to support the development of new antibiotics, but more than a decade later, nothing has materialized, and the risk remains. is just higher,” says Kerstiens.

    The European Commission is working with the EIB to provide “push-and-pull incentives to stimulate the development of these new antimicrobials,” she added.

    John Ryan, Acting Deputy Director General of the European Commission’s Office for Health and Food Safety, helped raise innovative funding to develop new antibiotics.

    “this is [field] It doesn’t really fit the current model of big pharma doing this because it takes a very long time to realize a return on a very high investment,” said Ryan.

    “We really need to think of alternative models and one of the things that I have been very impressed with in the last decade is the rise of product development partnerships focused on diseases for which there is no market. We can form partnerships that will facilitate the production of new treatments, while undermining them,” he said.

    he gave the example of sleeping sickness medicine received approval Developed through such product development partnerships and approved by the U.S. Food and Drug Administration (FDA) in 2021

    medicine, Fexinidazole was developed as part of an innovative partnership with the nonprofit research and development organization Drugs for Neglected Diseases. Initiative (DNDMe) and pharmaceutical company Sanofi.

    “We have to think about how we involve models and pharmaceutical companies, but we don’t just rely on pharmaceutical companies,” said Ryan.

    He also stressed the urgent need to ensure that countries put in place “better controls” over antibiotic use to slow the emergence of drug resistance.

    “Currently, those facing these bigger problems tend to be the high-income countries that use antibiotics more intensively and use more recent antibiotics in much larger quantities.

    “Like most living things, [pathogens] It’s very clever, very complex, and it pushes you to an evolutionary state of evading the tools in front of you,” Ryan said.

    Jeremy Farrar, Wellcome Trust

    “Without antibiotics, we can’t have safe surgery, we can’t have safe births, we can’t prevent infection in people who need intensive care or who die after trauma or surgery. So we’re talking about modern medicine as a whole, which the world as a whole isn’t ready to invest in,” said Jeremy Farrar, director of the Wellcome Trust.

    “The long-term nature of research and innovation should not be underestimated, and we must recognize that the private sector has an important role to play. If we need antibiotics to treat new infections, we need to understand that the public sector and charities will have to invest and pay for those products. maybe not.”

    Farrar added that the world doesn’t appreciate antibiotics and vaccines enough.

    “We used to think that antibiotics were as cheap as chips. Like Smarties, they are very cheap to buy in many parts of the world. I didn’t take care of them.

    “If we lose this class of drugs, or if tuberculosis becomes more resistant, or indeed if malaria becomes more resistant, the pandemic of these diseases will grow and we will not really be able to fight it. You should be able to.”

    Farrar also advocates for “a different model between the public and private sectors,” encouraging companies to develop these essential medicines for the future, thereby enabling more Easier to access.

    Dr. Tedros

    Primary health as a foundation

    WHO Director-General Dr Tedos Adhanom Ghebreyusus praised the EIB’s €500 million commitment to support primary health care in Sub-Saharan countries and called for investment in primary health care.

    “Individuals, families, communities, economies and nations can thrive when health is protected and promoted. It’s about investing and reorienting the system,” said Tedros.

    “More than 90% of essential services can be delivered through primary health care, including many that promote health, prevent disease, and avoid or delay the need for more costly secondary and tertiary care. increase.”

    Meanwhile, EIB Vice President Thomas Estros warned that “the current geopolitical situation may further put a hold on long-term investments in health and life sciences.”

    “The state budget is being stretched by the food and energy price shocks caused by Russia’s invasion of Ukraine,” Estros said. “Fiscal pressures are mounting, but long-term health care challenges remain. What is clear is that we must prioritize investments in health care before the next crisis hits.”

    Helen Clark, former Prime Minister of New Zealand and co-chair of the Independent Panel for Pandemic Preparedness and Response, said: “We are more resilient and able to adjust quickly to deal with the crisis while maintaining all services. It is important to build a health care system in a certain country. Pandemic-resistant country.

    “The World Bank’s new Pandemic Fund, in collaboration with the WHO, requires a minimum of $10.5 billion annually and invests primarily in protecting low- and middle-income countries. We have a commitment of just over a tenth of that. That’s not sustainable financing.”

    Image credit: Flickr: Rumi Consultancy/World Bank.

    Combat infodemics in health information and support health policy reports from the global south. Our growing network of journalists in Africa, Asia, Geneva and New York connects the dots between local realities and the big global debate with evidence-based, open-access news and analysis. To make a personal or organizational donation, click here on PayPal.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleLatest campaign financial report shows Duke of Iona struggling to raise cash
    Next Article Railsr Raises $46 Million in Series C Funding Round
    robcreece
    • Website

    Related Posts

    Active investment is on the rise in 2023

    December 27, 2022

    Patria Investments (PAX): A Solid Asset Manager Specializing in Latin America

    December 27, 2022

    Cancer Horoscope Today December 28, 2022: Make Good Investments | Astrology

    December 27, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement

    This website provides information about Finance and other things. Keep Supporting Us With the Latest News and we Will Provide the Best Of Our To Makes You Updated All Around The World News. Keep Sporting US.

    Facebook Twitter Instagram Pinterest YouTube
    Top Insights

    Biden withdraws National Highway Traffic Safety Administration nomination

    May 31, 2023

    AOC warns parody Twitter account ‘impersonating’ her

    May 30, 2023

    New data reveals more people living alone

    May 30, 2023
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2023 censoredheadlines. Designed bycensoredheadlines.
    • Home
    • About us
    • DMCA
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.