Meet Dr. Victoria Hale. The woman behind the first non-profit pharmaceutical company in the USA.
Dr. Victoria Hale founded the first nonprofit pharmaceutical company in the USA – the Institute for OneWorld Health in San Francisco, California in 2000.
In a nutshell, the mission of the organization is to discover, develop, and deliver safe, effective, and affordable new treatments for diseases disproportionately affecting people in the developing world. Sounds like a piece of cake, eh? The problem is the huge disparities of wealth and opportunity that divide the developed and developing worlds. This gap is especially predominant when it comes to healthcare. Dr. Hale’s mission is to bring the “technology, medical science, and insight of the developed world to the poorest, sickest children in the developing world”.
“My name is Victoria Hale. In the year 2000 i founded the Institute for OneWorld Health. OneWorld Health is a non-for-profit pharmaceutical company. We develop medicines for orphan diseases and diseases that no other company in the world is developing medicines for.”
OneWorld Health develops drugs and vaccines for diseases that primarily affect developing countries; diseases deemed non-profitable and for which drugs are not developed by pharmaceutical companies. OneWorld Health develops safe and affordable new medicines for infectious diseases, such as malaria, kala-azar (visceral leishmaniasis), and hookworm (soil-transmitted helminthes).
Dr. Hale addresses issues concerning the global access to medicines and global health advocacy. She is developing drugs for diseases that no one else is looking at. This woman is an all-time star. To learn more from the woman herself, please refer to this video.
Her newest social enterprise is Medicines360, a nonprofit pharmaceutical company dedicated to developing medicines for women and children, including pregnant women. This company is focusing primarily on promoting healthcare in the USA.
OneWorld Health was included in The Global Journal’s inaugural ‘Top 100 Best NGOs’ list. The Global Journal is a print and online publication based in Geneva and New York that covers the issues and players shaping global governance today. Read more about the Institute for OneWorld Health.