Access to essential medicines in the developing world
The University of Oxford is mindful of the importance of development and distribution of new health-related technologies for less developed countries. Its policy when licensing its technology for commercial exploitation purposes is, as far as is practicable:
- to prosecute patent applications in less developed countries only as necessary (for example, to provide development and marketing leverage for new products, or to exert leverage over global licensees);
- to grant licences with provisions that seek to increase the availability of medicines at affordable prices to less developed countries.