Submitted by International Federation of Pharmaceutical Manufacturers & Associations
To coincide with the 2016 International Liver Congress in Barcelona, the Viral Hepatitis Prevention Board (VHPB) launches a report that reviews over 20 different existing funding mechanisms and examines how these financing sources could be used to support government strategies to provide access to treatment to patients suffering from viral hepatitis in low-and middle-income countries (LMICs). The purpose of the report is to increase understanding of the challenges and opportunities for LMICs of working with stakeholders in this new area of financing. The report was commissioned by the International Federation of Pharmaceutical Manufacturers and Associations (IFPMA).
Recent scientific breakthroughs in the treatment for hepatitis C, and the broader objectives of the health-related Sustainable Development Goals (SDGs) call for new approaches and new players to help find innovative funding mechanisms to scale up treatments for hepatitis and support health systems in delivering them in LMICs. Worldwide, over 400 million people live with chronic hepatitis B or C and LMICs are particularly affected with many countries experiencing high levels of infection, precarious prevention of transmission and low access to treatment.
The report surveyed over 250 organizations that deal with (innovative) financing and/or health care. It identifies a number of financing mechanisms that offer considerably promise, including non-infrastructure public private partnerships that build on social impact bond funding, shared value projects, and micro-financing. However, focusing on only one single financing mechanism such as a global “hepatitis fund” meeting all the challenges for treatment and prevention of hepatitis in LMICs is unlikely to be feasible.
Optimal conditions for setting up new financing mechanisms will require political support for a viral hepatitis national plan, and competence in selecting the mechanisms best adapted to country-specific challenges and that meet the needs of all the stages of the therapy cycle. To pursue the opportunities identified in the report, VHPB recommends convening a multi-stakeholder group involving regional banks, regional leadership both from a public health and a financing perspective, investors, patients, health professionals and services, pharmaceutical and diagnostics industries and independent assessors and evaluation advisors, each with potentially unique roles to play.
“At national level, support is crucial to find funding solutions and regional groups are uniquely positioned from a political and a financing perspective to provide leadership. Let us not lose sight of our goal: to provide prevention and access to treatment to patients suffering from hepatitis”, said Professor Pierre van Damme, VHPB Executive Secretary and professor at the University of Antwerp, Faculty of Medicine and Health Sciences.
“Our experience in LMICs has shown how important it is to espouse approaches that are not top down, but that empower actors at regional level to better promote government ownership. These successful approaches are sustainable, and contribute to increasing local capacity through partnerships”, said Eduardo Pisani, Director General of the IFPMA.
The full report can be accessed here.
The Viral Hepatitis Prevention Board (VHPB) is an international board of experts in viral hepatitis, offering a platform for dissemination of scientific information related to viral hepatitis. Board members meet twice a year to discuss technical and country specific issues. The Board has a permanent scientific secretariat, located at the Centre for the Evaluation of Vaccination (CEV) of the University of Antwerp.
IFPMA represents the research-based pharmaceutical companies and associations across the globe. The research-based pharmaceutical industry’s 1.3 million employees research, develop and provide medicines and vaccines that improve the life of patients worldwide. Based in Geneva, IFPMA has official relations with the United Nations and contributes industry expertise to help the global health community find solutions that improve global health.
The International Federation of Pharmaceutical Manufacturers & Associations (IFPMA) represents research-based pharmaceutical companies and associations across the globe. Based in Geneva, IFPMA has official relations with the United Nations and contributes industry expertise to help the global health community find solutions that improve global health.
Research-based pharmaceutical companies make a unique contribution to global health as innovators of life-saving and life-changing medicines and vaccines, which improved millions of lives around the world. Both IFPMA and its companies are involved in hundreds of partnerships, including the new Access Accelerated initiative, a partnership of over 20 biopharmaceutical companies developing innovative and sustainable solutions to improve access to non-communicable disease (NCDs) treatment and care in low- and middle income countries. Access Accelerated also partners with the World Bank and the Union of International Cancer Control to help address the full spectrum of access barriers to NCD medicines. These partnerships involve the discovery of treatments that threaten health security or unduly put a burden on low income countries, as well as support Universal Health Coverage (UHC) by expanding access to medicines and vaccines and strengthening health systems and in doing so, contribute to the Sustainable Development Goals (SDG 3 and SDG 17).
IFPMA hosts the Secretariat of the AMR Industry Alliance, a coalition of over 100 biotechnology, diagnostic, generics and research-based biopharmaceutical companies and trade associations that was formed to drive and measure industry progress to curb antimicrobial resistance. The AMR Industry Alliance ensures that signatories collectively deliver on the specific commitments made in the Industry Declaration on AMR and the Roadmap and measures progress made in the fight against antimicrobial resistance.