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Date

13 September 2024

Scrutinizing pharma’s promise of access to meds

POLITICO covers the Access to Medicine Foundation’s latest report, which reinforces the need for pharma companies to enhance their efforts to improve patient reach

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The article begins by shedding light on the ongoing issue of pharma companies prioritising profits in wealthier markets at the expense of those in low-income regions. It presents pivotal findings from the report, indicating that despite advancements in tracking the distribution of medicines in LMICs, significant gaps remain in how companies monitor patient access. As a result, the number of patients reached in certain regions and for specific diseases remains unclear. 

The article references from the report, using access to insulin as a key example. It points out that major manufacturers—Eli Lilly, Novo Nordisk, and Sanofi— control over 90% of the market and have pledged to enhance access in low- and middle-income countries (LMICs). However, their commitments currently cover only 1% of the diabetes prevalence across 113 LMICs. 

Jayasree K. Iyer, CEO of the Foundation tells POLITICO in an interview: “The industry today is still more focused on rich markets, rich populations, and still following ... that blockbuster model for getting products out there.” 

Download the full report

Foundation's new report reveals what pharma companies can do to ensure their products reach underserved populations

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Media

Read more about our coverage in global media
Featured Media

Pharma industry faces call to expand patient access in low- and middle-income countries

12 September 2024
Featured Media

Are drug companies making good on their access promises?

10 September 2024

Divya Verma

Head of Communications

dverma@accesstomedicinefoundation.org

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