Friday, 13 June 2008
Here's a novel take on recycling. Victoria Hale has founded a business called the Institute for OneWorld Health which picks up expired patents on pharmaceuticals and uses them to develop new cures for diseases which devastate developing countries where expensive patented treatments are beyond the reach of most sufferers. The first to be approved is a treatment for Visceral Leishmaniasis, a disease transmitted by sand-flies which kills almost half a million people every year in India, Bangladesh and Nepal. Next she plans to move on to Malaria. All credit to those like Bill Gates and the Lehman Brothers who are funding her work.