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Review: Strong Medicine

Creating Incentives for Pharmaceutical Research on Neglected Diseases

Strong Medicine
Creating Incentives for Pharmaceutical Research on Neglected Diseases

Michael Kremer and Rachel Glennerster
(Princeton, NJ: Princeton University Press, 2004)

The world is in the midst of a “longevity revolution.” Between 1900 and 2000, life expectancy at birth increased from about 47 to 77 years, and life expectancy at 65 increased from 12 to 18 years. Furthermore, James Fries and other have noted a “compression of morbidity,” which refers to a reduction in the amount of...


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