5.b - GSK Flashcards
a pharmaceutical TNC
GSK
take on them
in terms of disease eradication - TNCs play a large part
- set up In countries where their is access to certain raw materials and manufacturing is made more efficient and cheaper - EDCS
- GSK - lagers pharmesutical company GLOBALLY - develop drugs then sell to national health services making a large amount of money
- partner with WHO to tackle CDS as WHO dont have the money to do so on their own - bring sup ethical issues as on one hand these companies do want to help save lives and have been seen doing this HOWEVER they have shareholders who demand big profits
- the investment required to explores for new drugs I costly and slow - takes time and money which no NGO can afford to do so on their own
- therefore these TNCs are bale to control trade, distribution and price of the drugs to an extent - national gov are Abe to regulate these companies so they also can have control in the matter
how many countries has GSK worked in
36
how many vaccines were distributed in 2014 and were di most go
800 million doses of vaccines and 80% went to countries developing world
how are they helping LIDCs
devotes sig R&D resources to the need of developing countries - research centre in Spain focus son TB and other tropical diseases
- company currently launching first effective vaccine against malaria
- also developing research against EBola
