Bitter Pills:Medicines & The Third World Poor | Page 200

that the industry as a whole is doing well by comparison with other sectors of industry. In the words of a June 1982 Financial Times Survey, "The pharmaceutical industry has passed through the recession almost unscathed". Moreover, "the companies that originate and produce the world's key medicines have every reason to be confident about their current performance and prospects".<175) The healthy financial state of drug manufacturers is further confirmed by a senior executive with 30 years working experience in the industry itself. "In Pharmaceuticals there has been a tendency to resist all new regulations and to assume, yet again, that somehow, if only we could get through the next year then things will be 'back to normal'. The public stance of the industry has been to state categorically that if the regulations are not relaxed, then no new medicines will appear - or at least, so few as to force theindustry to stop research and deny the public access to the new medicines to which it has a right. The financial results of the industry continue to be an embarrassing counter argument ..." (l76) The poor are not going to get the drugs they need unless Third World governments can count on widespread support in implementing what may be seen as unpopular controls on the free market. Governments of the major drug-producing nations have all voted in favour of WHO resolutions urging Third World governments to adopt the sort of policies that the Bangladesh Government has now resolved to introduce. The support of WHO, of rich world governments, and of professional and public opinion worldwide is now essential for the successful implementation of new health-centred drug policies throughout the Third World. This cooperation and understanding is vital to protect the health interests of millions of the world's poor. 193