With the launch of a fund to support new treatments against novel and resistant pathogens, the pharmaceutical industry has acknowledged that there is a looming antimicrobial resistance crisis. But without better incentives, especially for smaller firms, additional up-front funding won't solve the problem.
LONDON – Earlier this month, the International Federation of Pharmaceutical Manufacturers & Associations (IFPMA) launched a nearly $1 billion AMR (antimicrobial resistance) Action Fund to support the development of desperately needed new antibiotics. Many of the world’s largest pharmaceutical companies, as well as the Wellcome Trust and the European Investment Bank, have signed on to the initiative, which was announced via a globally coordinated presentation broadcast simultaneously from Europe and the United States.
LONDON – Earlier this month, the International Federation of Pharmaceutical Manufacturers & Associations (IFPMA) launched a nearly $1 billion AMR (antimicrobial resistance) Action Fund to support the development of desperately needed new antibiotics. Many of the world’s largest pharmaceutical companies, as well as the Wellcome Trust and the European Investment Bank, have signed on to the initiative, which was announced via a globally coordinated presentation broadcast simultaneously from Europe and the United States.