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News/Event Item

Scientists Find Way to Slash Cost of Drugs
Jan 2, 2006
By Sarah Boseley
Two UK-based academics have devised a way to invent new medicines and get them to market at a fraction of the cost charged by big drug companies, enabling millions in poor countries to be cured of infectious diseases and potentially slashing the NHS drugs bill.
Sunil Shaunak, professor of infectious diseases at Imperial College, based at Hammersmith hospital, calls their revolutionary new model "ethical pharmaceuticals."
Improvements they devise to the molecular structure of an existing, expensive drug turn it technically into a new medicine which is no longer under a 20-year patent to a multinational drug company and can be made and sold cheaply.
Copyright 2006 The Guardian UK
For the Full Article, visit
http://www.truthout.org/issues_06/010207HA.shtml
category: News from Other Sources : General Health News
contributed by Olga Zhuykova on 3 January 2007
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