The poorest countries can have a lot of problems due to lack of access to modern drugs. It is very sad to know that some diseases, which are almost forgotten in developed countries, can still be a huge problem in undeveloped countries. This is a problem that cannot be solved without the big pharma companies. I believe that such companies should provide discounts on some medicine to developing countries.
A big share of reasons for people in poor countries to die are not new and rare disorders, it is something more common. Humanity already knows how to deal with them. So why should it still be a problem for someone? One way to solve such a problem: make dynamic drug pricing. The longer a drug is known, the cheaper it will be, especially for poor countries. Such a decision would not help to cure every ill person on earth, but could massively decrease the number of such people.
Though, not all drugs should be sponsored. Drug companies still need a lot of money to design new medication and recently developed drugs need to be paid off. They can get this money from new medication, It is fine that such innovations include big markups in their prices.
To conclude, it would be a great idea that could help humanity a lot: I hope that in the future it will become a reality, and even drug companies will not suffer from that. I believe that even if pharmaceutical companies earn a little bit less money, they will not become bankrupt 🙂
