Pfizer to sell all its drugs in low-income countries at non-profit price
Pfizer to sell all its drugs in low-income countries at non-profit price
(Reuters) - US drugmaker Pfizer Inc (PFE.N) said on Tuesday it will offer its full portfolio of drugs, including off-patent medicines such as chemotherapies and oral cancer treatments, on a not-for-profit basis to 45 low-income countries in the world.
In an expansion of the company’s "An Accord for a Healthier World" program, which is aimed at increasing access to innovative treatments in some of the world’s poorest countries, Pfizer said it will now offer a total of 500 products.
When the drugmaker launched the program in May 2022, it offered only its patented medicines including Covid-19 treatment Paxlovid and its big-selling breast cancer drug, Ibrance, at a not-for-profit price.
