Big Pharma may have to reveal government deals in WHO's draft pandemic rules - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Pharmaceutical companies could be made to disclose prices and deals agreed for any products they make to fight future global health emergencies, under new rules that would govern a World Health Organisation-backed pandemic accord reviewed by Reuters.

A draft version of the WHO accord, which is being negotiated by the UN health agency’s 194 member countries, calls for it to be compulsory for companies to reveal the terms of any public procurement contracts.

A spokesperson for the WHO said it was member states that were driving the current process toward a new agreement. The document is vague about what would happen if countries that sign up do not stick to its rules and if companies do not comply.The proposal may face resistance from the drug industry after its meteoric race to develop vaccines and treatments that proved to be critical tools in controlling the virus which has killed more than 6.5 million people worldwide.

“If the draft were implemented as written today it would most likely undermine rather than facilitate our collective ability to rapidly develop and scale up counter measures and ensure its equitable access,” Cueni added.

 

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