Global Health Innovation Landscape Must Shift With Changing Health Financing Trends

Devex: The new market builders for health innovation
Michael Igoe, global development reporter for Devex

“…At the recent International Conference on Financing for Development in Addis Ababa, Ethiopia, negotiators sent a strong message that global development’s future resides with domestic tax resources and private investment, not with foreign aid. That means the market for global health innovation is shifting too. … That is where the global health community needs to prepare for a massive transformation: from a health innovation landscape that is mostly supply-side driven, with donor-funded programs pushing approved products into the marketplace, to a future where demand originates in national priorities, plans, and budgets…” (7/30).