香港六合彩中特网

XClose

Sustainable Development Goals

Home
Menu

An innovative approach to the provision of healthcare

Policy experts at 香港六合彩中特网 are reimagining the provision of health to maximise public value not profit, and influencing health policy across the world.

An image of a woman having an injection

16 December 2020

The challenges facing public health provision are well known but poorly understood. A report published by the 香港六合彩中特网 Institute of Innovation & Public Purpose (IIPP) sets out the problems with the current approach to innovation within the world鈥檚 health system.听

鈥楾he people鈥檚 prescription: Re-imagining health innovation to deliver public value鈥 proposes ways that public, private and non-profit sectors can come together to increase the rate of biomedical innovation and direct it towards the areas most needed to create public value.

鈥淗ealth innovation is about making new treatments and cures available to the people that need them,鈥 says the report鈥檚 lead author Professor Mariana Mazzucato, IIPP Director. 鈥淧rofits might be earned, but not at the cost of doing what the health system is meant to do: heal.鈥

The IIPP wrote the policy report in partnership with Global Justice Now, Just Treatment and STOPAIDS, with support from the Open Society Foundations.

鈥淕overnments should govern the health innovation process more like a market shaper: steering innovation, getting fair prices, ensuring that patents and competition work as intended, setting conditions for reinvestment, and safeguarding medicine supply.鈥

A wide range of critical health needs are either not being met or are sidelined, in high-, middle- and low-income countries alike,鈥 argues Professor Mazzucato. 鈥淎 system driven by profits ignores diseases prevalent mostly in the global south, such as tuberculosis, which kills millions.鈥

The report begins by outlining the key problems heath innovation is facing. It cites the current process of drug development, which fails to explore potential medical pharmaceutical avenues because they are non-patentable or less profitable, and gives a lower priority to non-drug interventions like lifestyle changes or improvements to surgical techniques.

It goes on to consider solutions, including an alternative 鈥榤ission-oriented鈥 model of health innovation. 鈥淕overnments should not be limited to 鈥榝ixing market failures鈥 鈥 financing high-risk basic research where private investments are scarce and regulating high prices after they have been set,鈥 argues Professor Mazzacuto.

鈥淚nstead, Governments should govern the health innovation process more like a market shaper: steering innovation, getting fair prices, ensuring that patents and competition work as intended, setting conditions for reinvestment, and safeguarding medicine supply.鈥

Since its launch in 2018, the report has influenced health policy around the world, including forming the basis of the UK Labour Party鈥檚 pharmaceutical policy in 2019.