UNITAID agrees funding for drug patent pools
11 June 2010
Emma Barraclough, London
Patent pools for AIDS drugs are one step closer to becoming reality with the establishment of a new Medicines Patent Pool Foundation
In 2008, UNITAID, which partners with organisations including the WHO and Unicef, began work to set up a collective management structure for medicines patents known as a patent pool, which will initially focus on drugs to treat HIV and AIDS. On Tuesday the chairman of its executive board said that it will provide the new Foundation with $4.4 million for its first year of operations.
"What this means in practical terms is that formal negotiations...
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