BIO Announces New Policy on Options for Increasing Access to Medicines in the Developing World
Washington, D.C. (May 3, 2010) – Biotechnology Industry Organization (BIO) President and CEO released the following statement on a set of options to increase access to medicines in the developing world which was announced at the Partnering for Global Health Forum 2010 today.
“While many of BIO’s members are taking individual steps to address the global health crisis, we recognize as an industry that more can and should be done. We believe that the goals of increasing access to medicines, respecting intellectual property rights, and maintaining commercial viability are mutually supportive.
“BIO’s Policy Statement on Options for Increasing Access to Medicines in the Developing World is the first time that we as an industry have come together to identify viable options that we believe individual companies should consider as they develop and market their products worldwide.
“We strongly encourage all BIO members and other biopharmaceutical companies to review the options outlined in this Policy Statement and consider how they as individual companies can contribute to this effort.
“Working together, we can meet the global health challenge and help save and improve the quality of life for millions of patients around the world.”
The Policy Statement is available at http://www.bio.org/healthcare/innovation/Access_to_Medicines_Policy_Statement_Final.pdf.