Seeking a Balance Between Economic and Fair Pricing

60° Pharmaceuticals (60P) is a for-profit drug company with a unique social health mission. Our focus is on providing a social benefit to our future customers (tropical disease patients).

The markets for ‘block-buster’ drugs in developed countries depend upon maintenance of market exclusivity and maximum pricing. In contrast, the markets for drugs for tropical diseases are more modest, and customers in tropical countries are price-sensitive.

60P’s philosophy is that a limited period of market exclusivity is essential in order to reward investors for the risk of drug development, but should not be enforced in the least developed countries. Furthermore, pricing upon initial marketing of a drug should be linked to drug effectiveness and economic burden relieved.

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