• News
    • Latest news
    • News search
    • Health
    • Finance
    • Food
    • Career news
    • Content series
    • Try Devex Pro
  • Jobs
    • Job search
    • Post a job
    • Employer search
    • CV Writing
    • Upcoming career events
    • Try Career Account
  • Funding
    • Funding search
    • Funding news
  • Talent
    • Candidate search
    • Devex Talent Solutions
  • Events
    • Upcoming and past events
    • Partner on an event
  • Post a job
  • About
      • About us
      • Membership
      • Newsletters
      • Advertising partnerships
      • Devex Talent Solutions
      • Contact us
Join DevexSign in
Join DevexSign in

News

  • Latest news
  • News search
  • Health
  • Finance
  • Food
  • Career news
  • Content series
  • Try Devex Pro

Jobs

  • Job search
  • Post a job
  • Employer search
  • CV Writing
  • Upcoming career events
  • Try Career Account

Funding

  • Funding search
  • Funding news

Talent

  • Candidate search
  • Devex Talent Solutions

Events

  • Upcoming and past events
  • Partner on an event
Post a job

About

  • About us
  • Membership
  • Newsletters
  • Advertising partnerships
  • Devex Talent Solutions
  • Contact us
  • My Devex
  • Update my profile % complete
  • Account & privacy settings
  • My saved jobs
  • Manage newsletters
  • Support
  • Sign out
Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
    • Opinion
    • Global health

    Opinion: Pharma profiteering isn’t going away, and so we can’t either

    Here’s why the People’s Vaccine Alliance is rebranding as People’s Medicine Alliance.

    By Winnie Byanyima, Max Lawson // 17 June 2024

    At the height of the COVID-19 pandemic, while people in high-income countries were receiving booster shots, nurses in Africa were still waiting for their first. Moderna, Pfizer, and BioNTech were calling the shots — making $1,000 a second from vaccines that were developed with public money, building on years of work from scientists at public institutions. This vast power imbalance created nine new pharmaceutical billionaires in a matter of months, while many of the world’s poorest died without vaccines.

    To the millions of people in the global south, the message was clear: When the chips are down, your lives are not as valued as those in high-income countries.

    We saw this coming. We had both lived through the darkest days of the AIDS pandemic. We had seen the lives of relatives, friends, and colleagues taken because pharmaceutical monopolies meant lifesaving HIV/AIDS medicines cost thousands of dollars a month. We fought then, and we won; generic, HIV/AIDS drugs are now available to millions of the poorest people on earth.

    This article is free to read - just register or sign in

    Access news, newsletters, events and more.

    Join usSign in

    Read more:

    ► How Big Pharma kept COVID-19 vaccine negotiations in South Africa secret

    ► Big Pharma slammed for executive payouts that nearly match R&D budget

    ► Drug prices soar after pharma giants GSK and Sanofi exit Nigeria

    • Global Health
    • Institutional Development
    • Democracy, Human Rights & Governance
    • Private Sector
    • People’s Vaccine Alliance
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).
    The views in this opinion piece do not necessarily reflect Devex's editorial views.

    About the authors

    • Winnie Byanyima

      Winnie Byanyima

      Winnie Byanyima is the executive director of the Joint United Nations Programme on HIV/AIDS. A grass-roots activist, human rights advocate, and world-recognized expert on women’s rights, she began her career as an engineer in her native Uganda. Appointed to the diplomatic service in 1989, she represented Uganda in France and at UNESCO. She was a member of parliament for 10 years in Uganda, and thereafter served at the African Union Commission. She was UNDP’s director of gender and development between 2006 and 2013.
    • Max Lawson

      Max Lawson

      Max Lawson is co-chair of the People’s Medicines Alliance and head of inequality policy and advocacy at Oxfam International.

    Search for articles

    Related Stories

    Global healthOpinion: Trump aid shock underscores need for more made-in-Africa medicine

    Opinion: Trump aid shock underscores need for more made-in-Africa medicine

    Global HealthOpinion: Ensuring oxygen access is essential to achieving health for all

    Opinion: Ensuring oxygen access is essential to achieving health for all

    Global healthOpinion: I fail to see the rationale for not supporting Gavi

    Opinion: I fail to see the rationale for not supporting Gavi

    Global HealthAfrica’s vaccine manufacturing ambitions get a boost with new partnerships

    Africa’s vaccine manufacturing ambitions get a boost with new partnerships

    Most Read

    • 1
      Opinion: How climate philanthropy can solve its innovation challenge
    • 2
      The legal case threatening to upend philanthropy's DEI efforts
    • 3
      Why most of the UK's aid budget rise cannot be spent on frontline aid
    • 4
      Opinion: It’s time to take locally led development from talk to action
    • 5
      2024 US foreign affairs funding bill a 'slow-motion gut punch'
    • News
    • Jobs
    • Funding
    • Talent
    • Events

    Devex is the media platform for the global development community.

    A social enterprise, we connect and inform over 1.3 million development, health, humanitarian, and sustainability professionals through news, business intelligence, and funding & career opportunities so you can do more good for more people. We invite you to join us.

    • About us
    • Membership
    • Newsletters
    • Advertising partnerships
    • Devex Talent Solutions
    • Post a job
    • Careers at Devex
    • Contact us
    © Copyright 2000 - 2025 Devex|User Agreement|Privacy Statement