Kolkata, Feb 6 (UNI) Each year hundreds of billions of dollars are spent on research and development (R&D) towards new or improved health products and processes, ranging from medicines to vaccines to diagnostics.
But the way these funds are distributed and spent is often poorly aligned with global public health needs.
One year ago, the World Health Organization launched a new initiative to gather information and provide an accurate picture of where and how R&D monies are being spent, helping governments, funders and researchers to make better decisions on investment and policy making priorities.