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Pfizer To Offer Medicines, Vaccines To 45 Lower-income Countries On Not-for-profit Basis

Pfizer Inc. (PFE) on Wednesday launched 'An Accord for a Healthier World' which is an initiative that aims to provide all of Pfizer's patented, high-quality medicines and vaccines available in the U.S. or the European Union on a not-for-profit basis to 1.2 billion people in 45 lower-income countries.

The accord seeks to greatly reduce the health inequities that exist between many lower-income countries and the rest of the world.

The accord countries include all 27 low-income countries as well as 18 lower-middle-income countries that have transitioned from low to lower-middle-income classification in the last ten years.

Pfizer will work with healthcare officials in Rwanda, Ghana, Malawi, Senegal and Uganda to identify early insights and opportunities to ensure all medicines and vaccines can reach those in need.

This will include expertise to support diagnosis, healthcare professional education and training along with supply chain management and other infrastructure enhancements. Learnings from these five countries will be applied to support the roll out for the remaining forty countries.

Under the accord, Pfizer has committed to provide 23 medicines and vaccines that treat infectious diseases, certain cancers, and rare and inflammatory diseases.

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