Affordable medicines for all
The scandal of expensive medicines
Corporate profits trump public health
Why are medicines so expensive? Drug companies can charge runaway prices because new drugs are protected by legal monopolies. This profit-driven model has made the pharmaceutical industry the most profitable in the world. Drug 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. Also, most early-stage innovative research is publically funded. Drug companies reap the profits from publicly funded research, charging extortionate prices while patients are denied access to vital medicines.
Making sure any Covid-19 treatment is affordable for all
Over 70 potential vaccines are currently being researched and developed around the world but there's no guarantee that a vaccine will be made affordable for all. Our campaign continues to fight to ensure that everyone is able to access any new Covid-19 vaccines or treatments that are in the pipeline. We are pushing the government to ensure that any new Covid-19 vaccine or treatments are affordable for all and reaches those who need it most.
The UK government has so far committed £544 million towards researching a vaccine and treatments. But unless public health conditions are attached to publicly funded research, pharmaceutical giants can shut out anyone who can't afford their prices. When a vaccine is finally developed it should reach anyone who needs it, not just anyone who can afford it.