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Dec 15, 2005

"When health is absent, wisdom cannot reveal itself, art cannot manifest, strength cannot fight, wealth becomes useless, and intelligence cannot be applied." --Herophilus

Nonprofit Pharmaceutical

Of the more than 100 billion dollars spent each year on health research and development, only ten percent goes into treating ninety percent of the world's health problems, found mostly in the developing world. Dr. Victoria Hale saw that part of the reason was that the pharmaceutical industry had traded its aim of developing affordable drugs to those in need, to a profit-seeking one. So, she founded OneWorld Health, the world's first nonprofit pharmaceutical company, with the mission to research, test, manufacture, and distribute effective and inexpensive medicines for people with infectious diseases in developing countries.