Here's another issue that the market has failed to respond to: "neglected tropical diseases", otherwise known as the diseases of the poorest people in the world. There are a billion people in the world, many of whom can be found in sub-Saharan Africa, affected by tropical diseases linked to a lack of water and sanitation infrastructure. These diseases caused by worms, parasites and bacteria, disfigure, cripple and often kill people. Only 1% of the drugs that have been...
An excerpt from the documentary Health for Sale, which poses the question: "Are the world's largest drug companies, paradoxically, major obstacles to making a healthier world?" The ten largest pharmaceutical companies form the so-called "big pharma." They control the world's pharmaceutical market. In 2004, global spending on prescription drugs amounted to five hundred billion dollars. In 2002, big pharma's overall profit amounted to 35.9 billion dollars....