The Global Fund Seeks Partnerships with China Pharmas
April 02, 2014 at 04:07 AM EDT
Last week, the Global Fund to Fight AIDS, Tuberculosis and Malaria met with China drug suppliers in Shanghai to establish partnerships. The Global Fund is establishing a new framework for planning, purchasing and delivering drugs that fight these diseases. It wants to sign long-term contracts directly with drugmakers, providing them with a reasonable profit while keeping the purchase cost at a minimum. In 2013, the Global Fund spent $2 billion to buy medicines that fight AIDS, tuberculosis and malaria in less-developed countries. More details.... Share this with colleagues: // //