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The Health Impact Fund: a potential solution to inequity in global drug access
Amitava Banerjee1, Thomas Pogge
1Stroke Prevention Research Unit, University of Oxford, John Radcliffe Hospital, Oxford OX3 9DU, United Kingdom. amitava.banerjee@clneuro.ox.ac.uk
Abstract:
Global health inequities persist despite significant increases in funding and a growing number of global health initiatives. Especially vulnerable to disease, the poor majority of the world's population currently cannot afford advanced medicines, and the diseases confined to the poor receive little attention from pharmaceutical research. As a complement to the existing intellectual property regime, we have proposed the Health Impact Fund (HIF) as a mechanism that would create incentives for the development and optimal promotion of new high-impact medicines sold at the cost of manufacture. In this article, we outline the HIF and its ethical significance.
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