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The Global Fund Seeks Partnerships with China Pharmas

publication date: Apr 2, 2014
Last week, the Global Fund to Fight AIDS, Tuberculosis and Malaria met with China drug suppliers in Shanghai to establish partnerships. The Global Fund is establishing a new framework for planning, purchasing and delivering drugs that fight these diseases. It wants to sign long-term contracts directly with drugmakers, providing them with a reasonable profit while keeping the purchase cost at a minimum. In 2013, the Global Fund spent $2 billion to buy medicines that fight AIDS, tuberculosis and malaria in less-developed countries. More details....

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