With global spending on health of around US$7 trillion annually, the size of funds flowing through the healthcare sector makes it a lucrative and attractive target for corruption. Estimates of global health public procurement funds lost to corruption range from ten to twenty five per cent. Yet if only one percent of global health spending were lost to corruption, representing $US70 billion, and it was put back into healthcare, this would be US$10 billion more than the sum that would have been needed to achieve the Millennium Development Goals on health.
The pharmaceutical industry has a responsibility to be transparent and accountable and to reduce its role in corruption, thereby increasing health equity.
The purpose of TI’s Pharmaceuticals & Healthcare Program is to achieve genuine change in the pharmaceutical and healthcare sector through reducing corruption and promoting transparency, integrity and accountability. We will apply TI’s strengths and expertise to contribute to the program’s overall goal of improving global health and healthcare outcomes for the benefit of all people of all ages. (Más)