Oireachtas Joint and Select Committees

Wednesday, 6 March 2019

Joint Oireachtas Committee on Health

National Medicines Strategy: Discussion

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Fianna Fail) | Oireachtas source

One of the areas that Access to Medicines Ireland seems to be examining is what strikes me as a governmental equivalent to what the Bill and Melinda Gates Foundation did. When it tried to encourage large pharma to develop medicines for developing countries, there was not an economic model and, therefore, the foundation offered a prize to which a firm could gain access, which tipped it over to being commercially viable to do the research in the first place. Is that one of the measures to which Ireland would contribute? Is the scale required for that sort of prize something that Ireland could do on its own, or would we need to do it at an EU level?

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