Make it your homepage |   E-mail: Subscribe Unsubscribe

GSU to lead $10 million research project to improve reading in deaf and hard of hearing children


Wednesday, May 30, 2012
News Making Money

Novartis extends commitment to help achieve final elimination of leprosy

31/01/2012 05:53 (120 Day 08:38 minutes ago)

The FINANCIAL -- Novartis will continue its work with the World Health Organization toward a world free of leprosy by extending its drug donation of multidrug therapy medicines to treat leprosy through the year 2020,according to Novartis AG.

ADVERTISEMENT

 

This new five-year commitment includes treatments worth an estimated USD 22.5 million and up to USD 2.5 million to support the WHO in handling the donation and logistics, and is expected to reach an estimated 850,000 patients.Novartis and the Novartis Foundation for Sustainable Development have a long-term commitment to leprosy treatment and control. Prior to today's announcement, Novartis has donated more than 48 million MDT blister packs valued at approximately USD 77 million through the WHO, helping to cure over 5 million leprosy patients worldwide.

The NFSD has been active in the fight against leprosy for more than 25 years, through implementing innovative social marketing programs to reduce the stigma attached to leprosy, developing tools to prevent disabilities, helping patients reintegrate in society, and supporting the leprosy drug donation. Since 1986, the NFSD has provided over CHF 30 million for these programs.

Donating drugs alone, however, is not enough, and NFSD is committed to intensify efforts to build a multi-stakeholder initiative in a final push against leprosy. On January 25, the NFSD, in cooperation with the Department of Health of the Philippines, held the first Leprosy Stakeholders Symposium in Puerto Princesa City, Palawan. The groundbreaking symposium gathered all major stakeholders and partners from both government and private sectors with the goal of eliminating leprosy in areas of the Philippines where the disease is still endemic.

The extension of the Novartis leprosy commitment is a key part of a new, coordinated push by a diverse range of public and private collaborators to combat 10 Neglected Tropical Diseases (NTDs) by 2020. Today, 13 pharmaceutical companies, the U.S. and U.K. governments, the Bill & Melinda Gates Foundation, the World Bank and officials from NTD-endemic countries pledged to bring a unique focus to defeating these diseases and to work together to improve the lives of the billion people worldwide affected by NTDs.

In the largest coordinated effort to date to combat NTDs, the group announced at an event at the Royal College of Physicians in London that they would: sustain or expand existing drug donation programs to meet demand through 2020; share expertise and compounds to accelerate research and development of new drugs; and provide funding to support R&D efforts and strengthen drug distribution and implementation programs. The collaborators also signed onto the "London Declaration on Neglected Tropical Diseases," in which they pledged new levels of collaboration and tracking and reporting of progress.

This announcement is a part of the company's long commitment to enhancing access to healthcare in the developing world. Novartis works to discover vaccines and medicines for neglected diseases through two research institutes: Novartis Institute for Tropical Diseases in Singapore and the Novartis Vaccines Institute for Global Health in Italy. The Novartis Malaria Initiative is one of the healthcare industry's largest access-to-medicine programs. Since 2001, Novartis has worked with a range of organizations to ensure effective delivery of our antimalarial medicine, providing more than 480 million treatments without profit.

In 2011, Novartis access-to-medicine programs reached more than 89 million patients and together with our research institutes for diseases of the developing world, are valued at USD 1.7 billion, or 3% of net sales.

 

 

Make Your Comment

Add NewSearchRSS
Only registered users and facebook social network members can write comments!

This text is replaced by the Flash movie.












Developed by Aleksandre Chiabrishvili

Design built by Creo Group