This past weekend, leaders of the world’s major economies gathered in Hamburg, Germany, for this year’s G20 Summit. Among the issues on the agenda: safeguarding against health crises and strengthening health systems.

Global health research and development has a multiplier effect. It not only saves and improves lives, but also creates cost savings, drives economic growth and enhances global security.

While investments in biomedical R&D have led to tremendous scientific breakthroughs and health improvements in the modern era, the benefits have been shared unevenly.

An estimated two billion people lack the medicines they need. The 2016 Access to Medicines Index analyzes pharmaceutical companies’ efforts to improve access to medicines, vaccines and diagnostics for low- and middle-income countries.

More than two billion people lack access to necessary medicines. High costs and limited health care infrastructure prevent many people from benefiting from recent medical advancements, leaving populations at risk of preventable diseases.

Sabin Vaccine Institute President Dr. Peter Hotez gave the keynote address on NTDs at the Pontifical Council for Health Care Workers’ XXXI International Conference, focused on NTDs and rare diseases.

Investments in research and development (R&D) are leading to tremendous scientific breakthroughs in health. Just in the last few years, scientists have made tremendous advancements. For several cancers, novel treatments have diminished deathly prognoses. New surgical techniques have reduced recovery time and leave scars smaller than a penny. Just within the last decade, the cost of DNA sequencing has declined so much that personalized medicine is on the cusp of becoming quotidian.

We are pleased to announce the Sabin Vaccine Institute will be participating in this year’s World Health Summit.

Last year, the leaders of some of the wealthiest nations pledged help control and eliminate the most common neglected tropical diseases (NTDs) by 2020.

This article was originally posted on the DSW Blog.

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