How Private Companies are Transforming the Global Public Health Agenda

Author: Sonia Shah in Foreign Affairs [USA], Published on: 9 November 2011

...Over the last two decades, the private sector has emerged as the world’s top source of financing and leadership in the fight against deadly disease. The resources of some of the private industry players involved in global health today dwarf those of the WHO...Firms are responding to local demands for corporate social responsibility, but they also have come to realize, as they look to emerging markets for future growth, that underwriting public health is a long-term investment...The problem is that the companies most active in global health projects today hail from a narrow range of industries, many of which are under fire for their negative impact on public health. These private firms are playing a double game: disrupting local communities with one hand and writing big checks to ostensibly help them with the other. Often, their core financial interests are directly at odds with the business of improving the health of the poor...[refers to Coca-Cola, Exxon Mobil, Rio Tinto, Gold Fields, Anglo-American, Pfizer, Nestle, Pepsico, Kraft Foods, Merck, Novartis]

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Related companies: Anglo American Coca-Cola ExxonMobil Gold Fields Kraft Foods (now Kraft Heinz) Merck Nestlé Novartis PepsiCo Pfizer Rio Tinto