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, news and/or reaction:
“[In response to this question from an interviewer: “U. S. News and World Report described you this way: ‘She’s intolerant, preachy, judgmental and overbearing. She’s bright, articulate, passionate and kind.’ Is that an accurate description?”:]
It’s ... pretty good [ellipsis in original].”
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—Bible: New Testament, Ephesians 3:8.
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—Plato (c. 427–347 B.C.)