The AU plans to pool resources to unify $50B pharma market

African heads of state met over the weekend at the African Union headquarters in Addis Ababa, Ethiopia, for their annual AU summit — where a raft of decisions were debated and put up for a vote, including some focused on improving the health security of the continent’s population.

A key decision to come out of this is the agreement to create a pooled procurement mechanism for medical commodities which was approved late Sunday night.

“The decision means the creation of a robust market for manufacturers and ensures the health security of all Africans,” wrote Africa Centres for Disease Control and Prevention Director General Dr. Jean Kaseya in a press release.

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