{"id":16680,"date":"2022-07-06T09:57:29","date_gmt":"2022-07-06T07:57:29","guid":{"rendered":"https:\/\/ecomnewsafrique.com\/?post_type=news&p=16680"},"modified":"2022-07-06T11:06:09","modified_gmt":"2022-07-06T09:06:09","slug":"africa-will-see-the-birth-of-its-foundation-for-pharmaceutical-technology-which-will-allow-the-continent-to-have-access-to-the-manufacture-of-drugs","status":"publish","type":"news","link":"https:\/\/ecomnewsafrique.com\/en\/2022\/07\/06\/africa-will-see-the-birth-of-its-foundation-for-pharmaceutical-technology-which-will-allow-the-continent-to-have-access-to-the-manufacture-of-drugs\/","title":{"rendered":"Africa will see the birth of its Foundation for Pharmaceutical Technology which will allow the continent to have access to the manufacture of drugs"},"content":"\n \n \n \n\u201cThis is a big step forward for Africa,\u201d said African Development Bank Group President Akinwumi Adesina. Africa must equip itself with a health defense system, based on three main areas: the revival of the African pharmaceutical industry, the strengthening of African vaccine manufacturing capacities and the establishment of health care infrastructures. quality in Africa. \u00bb\n\n \n \n\n\n \n \n \nAt the African Union Summit held in Addis Ababa in February 2022, African leaders called on the African Development Bank to help establish this African Pharmaceutical Technology Foundation. Arguing in their view, Akinwumi Adesina then underlined: \u201cAfrica can no longer outsource the health security of its 1.3 billion citizens and entrust it to the benevolence of others. \u00bb\n\n \n \n\n\n \n \n \nWith this bold initiative, the African Development Bank wanted to honor its commitments.\n\n \n \n\n\n \n \n \nThis decision opens up new health prospects for Africa which, for decades, has suffered the burden of several diseases and pandemics such as Covid-19, but whose capacity to produce its own medicines and vaccines is very limited. Africa imports more than 70% of all the medicines it needs, paying an annual bill of $14 billion.\n\n \n \n\n\n \n \n \nGlobal efforts to rapidly scale up the manufacturing of essential pharmaceuticals, such as vaccines in developing countries \u2013 particularly in Africa \u2013 to expand access to them have proven to be hampered by the protection of intellectual property rights. and patents on technologies, know-how, manufacturing processes and trade secrets.\n\n \n \n\n\n \n \n \nAfrican pharma companies lack the scouting and negotiating capacity, nor the leeway to scrap with global pharma companies. It is clear that they have been marginalized and left behind in sophisticated global pharmaceutical innovations. Recently, 35 companies signed a license with the American Merck to produce Nirmatrelvir, a drug against Covid-19. None were African.\n\n \n \n\n\n \n \n \nTo date, Africa does not have any organization on the ground capable of supporting the practical implementation of Trade-Related Intellectual Property Rights (TRIPS) on non-exclusive or exclusive licenses of technologies, know-how and proprietary processes.\n\n \n \n\n\n \n \n \nA glaring gap that will therefore be filled by the African Foundation for Pharmaceutical Technology. Because once established, it will be made up of world-class experts in pharmaceutical innovation and development, intellectual property rights and health policy. Acting as a transparent intermediary, it will be responsible for promoting and negotiating the interests of the African pharmaceutical sector with multinational pharmaceutical companies and other countries of the South, in order to share technologies, know-how and patented processes protected by the intellectual property.\n\n \n \n\n\n \n \n \n\u201cEven with the World Trade Organization decision on the TRIPS waiver, millions of people are dying \u2013 and most likely will continue to die \u2013 due to lack of vaccines and effective protection,\u201d President Adesina said. The African Pharmaceutical Technology Foundation offers a practical solution and will help shift access to hitherto exclusive technology, knowledge, know-how and processes in favor of Africa.\u201d\n\n \n \n\n\n \n \n \nThe World Trade Organization (WTO) and the World Health Organization (WHO) both welcomed and praised the African Development Bank’s decision.\n\n \n \n\n\n \n \n \n\u201cThe African Pharmaceutical Technology Foundation is an innovative thinking and action of the African Development Bank,\u201d acknowledged WTO Director General Ms. Ngozi Okonjo-Iweala. It provides some of the infrastructure needed for a pharmaceutical industry to emerge in Africa.\u201d\n\n \n \n\n\n \n \n \n\u201cThe creation of the African Pharmaceutical Technology Foundation by the African Development Bank is a game-changer, added WHO Director-General Tedros Ghebreyesus, by accelerating access for African pharmaceutical companies to protected technologies and know-how. by intellectual property in Africa. \u00bb\n\n \n \n\n\n \n \n \nPriority will be given to technologies, products and processes for diseases and pandemics prevalent in Africa, current and future. It also aims to strengthen human and professional skills in the sector, the research and development ecosystem, and to improve the production capacities of factories and the regulatory quality of products to meet the standards of the World Organization. of health.\n\n \n \n\n\n \n \n \nWhile the African Pharmaceutical Technology Foundation is established under the auspices of the African Development Bank, it will operate independently, raising funds from various stakeholders \u2013 governments, development finance institutions and philanthropic organizations.\n\n \n \n\n\n \n \n \nThe Foundation endorses the commitment of the African Development Bank to dedicate at least $3 billion over the next 10 years to the manufacturing of pharmaceuticals and vaccines on the continent, as part of its pharmaceutical action plan \u201c Vision 2030\u201d. The Foundation’s areas of action may also benefit other investments currently deployed in pharmaceutical production in Africa.\n\n \n \n\n\n \n \n \nThe African Pharmaceutical Technology Foundation will be based in Rwanda. A joint-benefit entity, the Foundation will have its own governance and operating structures. It will encourage and conclude alliances between foreign and African pharmaceutical companies.\n\n \n \n\n\n \n \n \nOther objectives of the Foundation: to strengthen African pharmaceutical companies so that they can engage in local production projects, in a process of systematic learning of technology and technological upgrading of production sites.\n\n \n \n\n\n \n \n \nTogether with African governments and centers of excellence in research and development, the Foundation will work to strengthen the pharmaceutical and vaccine innovation ecosystem in Africa and to develop the skills necessary for the development of the sector.\n\n \n \n\n\n \n \n \nIt will enable closer coordination of the various existing drug and vaccine manufacturing initiatives at the regional level, taking advantage of the synergies and partnerships engaged at the pan-African level.\n\n \n \n\n\n \n \n \nThe African Pharmaceutical Technology Foundation will work closely with the African Union Commission, European Union Commission, World Health Organization, Medicines Patent Pool, World Trade Organization , philanthropic organizations, bilateral and multilateral agencies and institutions. Public and private sectors from developed and developing countries will also be strongly encouraged to collaborate.\n\n \n \n\n\n \n \n \nSource African Development Bank\n\n \n \n\n","author":15,"featured_media":10342,"comment_status":"open","ping_status":"closed","template":"","tags":[1179,1115,779,766,698,785],"location":[505],"class_list":["post-16680","news","type-news","status-publish","has-post-thumbnail","hentry","tag-african-development-bank-group","tag-actualite-2","tag-health","tag-medicine","tag-news","tag-technology","location-africa"],"short_url":"https:\/\/bit.ly\/3P3sber","have_related_news":"done","chapo":"

The Board of Directors of the African Development Bank has endorsed the establishment of the African Foundation for Pharmaceutical Technology, an innovative institution, which will significantly improve Africa's access to the technologies that underpin the manufacture of medicines, vaccines and other pharmaceuticals.<\/p>","media":{"src":"https:\/\/ecomnewsafrique.com\/app\/uploads\/sites\/4\/2020\/12\/medicaments-550x360.png","srcset":"https:\/\/ecomnewsafrique.com\/app\/uploads\/sites\/4\/2020\/12\/medicaments-550x360.png 550w","sizes":"550px","alt":"medicaments","width":550,"height":360,"ratio":0.64,"credit_photo":""},"media-news-header":{"src":"https:\/\/ecomnewsafrique.com\/app\/uploads\/sites\/4\/2020\/12\/medicaments-1028x658.png","srcset":"https:\/\/ecomnewsafrique.com\/app\/uploads\/sites\/4\/2020\/12\/medicaments-1028x658.png 1170w","sizes":"1170px","alt":"medicaments","width":1170,"height":658,"ratio":0.64,"credit_photo":""},"acf":[],"yoast_head":"\nAfrica will see the birth of its Foundation for Pharmaceutical Technology which will allow the continent to have access to the manufacture of drugs - Ecomnews Afrique<\/title>\n<meta name=\"description\" content=\"\u201cThis is a big step forward for Africa,\u201d said African Development Bank Group President Akinwumi Adesina. 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