FREE PUBLIC EVENT
Speakers: Sibongile Tshabalala, deputy general secretary of the Treatment Action Campaign in South Africa James O’Nions, head of activism at Global Justice Now
7pm, Wednesday 8 November Friends Meeting House, 25 Clarendon Street, Nottingham, NG1 5JD
In spite of medical advances, millions of people around the world suffer and die from treatable conditions because they cannot afford to pay for expensive medicine.
Drug companies can charge runaway prices because new drugs are protected by legal monopolies. This model has made the pharmaceutical industry the most profitable in the world.
The companies justify high prices by claiming they need to recoup their research and development costs. But nine of the top ten pharmaceutical companies spend more on marketing than on research and development. And the majority of innovative early-stage research is actually publicly-funded.
We say it’s time to put people before profit in the global drug industry.