News and Reaction
| “ | But some of the highest-leverage work that government can do is to set policy and disburse funds in ways that create market incentives for business activity that improves the lives of the poor. Under a law signed by President Bush last year, any drug company that develops a new treatment for a neglected disease like malaria or TB can get priority review from the Food and Drug Administration for another product they've made. If you develop a new drug for malaria, your profitable cholesterol-lowering drug could go on the market a year earlier. This priority review could be worth hundreds of millions of dollars. | ” |
Bill Gates at the World Economic Forum in Davos in 2008.
Read more about this topic: Priority Review Voucher
Famous quotes containing the words news and/or reaction:
“It is not the purpose of literature to purvey news. For news consult the Almanac de Gotha.”
—Herman Melville (1819–1891)
“The excessive increase of anything often causes a reaction in the opposite direction.”
—Plato (c. 427–347 B.C.)