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Priority on access and affordability
Another driver for the has been the rising priority given to access and affordability of medications. Some companies employ novel strategies to make drugs more affordable and available in poorer regions. This includes producing low-cost generic versions, adapting drug formulations, and simplifying dosing schedules. Differential drug pricing allows lower prices in underdeveloped markets without affecting revenues in wealthier countries which support research costs. Partnerships with governments, multilateral organizations, and local distributors help set up efficient supply chains. Initiatives such as donation programs provide temporary relief in public health emergencies. Compulsory licensing is also used occasionally to permit local generic manufacturing during crises.
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