[Ip-health] India proposal on sustainable financing mechanisms

[Spring Gombe]

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Thiru,  can you indicate that this is posted by Michelle Childs:

A proposal is on the table, submitted by India on ensuring
sustainable financing mechanisms:

7.5 Setting up a global R&D fund to address the identified R&D gaps
in Type II and Type II diseases:
(a) of this fund, money will be earmarked and provided for  research
in the form of grants for R&D for these diseases in advance, as well
as prize/rewards for path-breaking research after it is accomplished.
  (b) of this fund, money will be earmarked and provided to buy out
patents to ensure that health products are available at affordable
prices in developing countries.
(c) financing for this fund will come from contributions by
countries, donors, industry and taxing of international financial
transactions as agreed to by Member States.
(d) an operational mechanism will be set up for this fund as agreed
to by Member States
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