AFRO Pharmaceuticals Newsletter, Volume 6, Number 1, October 2009. Good Governance for Medicines Programme. Implementation in the WHO African Region and Beyond
(2009; 6 pages)
Abstract

The value of the global pharmaceutical market is in excess of US$ 600 billion. This makes the pharmaceutical sector very vulnerable to corruption and unethical practices. Even though data on financial losses are lacking, Transparency International estimates that, on average, 10 - 25% of public procurement spending, including in the health sector, is lost due to corruption. Regardless of its level, corruption contributes to increased non-availability of medicines and undermines health outcomes as well as public confidence in health care delivery systems...


 

Last updated: May 3, 2013