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Monday, January 24, 2011
New Paradigms on Innovation and Access to Medical Technologies: Delinking R&D Costs from Product Prices
4:00 PM -  5:30 AM

The current system to finance drug development based on strong intellectual property rights is failing many in both developing and developed countries. The system promotes monopolies that make products unaffordable, and fails to provide incentives for urgently needed diagnostics and treatments for neglected diseases. In the last 5 years, developing countries and civil society organizations have encouraged discussions at the World Health Organization on new incentive mechanisms that are not based on monopolies and that de-link the cost of research and development from the prices of final products. Knowledge Ecology International (KEI) has been active in these discussions and in promoting the use of innovation inducement prizes for health technologies. The presentation will describe the WHO negotiations, introducing the concept of de-linkage and some of the proposals that are currently under discussion.

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