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Important Advances in Pediatric AIDS Drug Development December 3rd, 2014
World AIDS Day saw two important announcements regarding development of much-needed pediatric AIDS drugs. This is an issue on which the Oblates and other faith-based investors in the Interfaith Center on Corporate Responsibility (ICCR) have pressed pharmaceutical companies on for years. Since most pediatric AIDS patients are in poor, developing countries, the usual market incentive for drug development does not exist. And, the development of pediatric AIDS drugs, particularly for infants, is challenging. ICCR members have actively encouraged the major pharmaceutical companies to participate in the Medicines Patent Pool, a mechanism established under the auspices of the UN to ‘pool’ patents for drugs to make existing formulations more readily available for generic production and for innovative fixed dose combinations to be developed.
On Monday, World AIDS Day, Abbvie announced a licensing agreement for lopinavir (LPV) and ritonavir (r), top World Health Organization-recommended medicines for children. The license will enable other companies and organizations to re-formulate and manufacture specially designed LPV/r and r pediatric treatments for distribution in low- and middle-income countries where 99% of children with HIV in the developing world live. [Abbvie is a spinoff of Abbott Laboratories that contains the research-based pharmaceutical business.]
On the same day, the HIV Medicines Research Industry Forum announced that the forum is joining PEPFAR, the Global Fund, and the Pediatric HIV Treatment Initiative (PHTI) in the newly established “Global Pediatric Antiretroviral (ARV) Commitment-to-Action” to accelerate innovation and save children’s lives. The initiative is designed to accelerate the development of new, high-priority pediatric ARV co-formulations for first- and second-line treatment by 2017.
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Chittagong Hill Tracts Accord Awaits Implementation After 17 Years December 2nd, 2014
It is difficult to believe that the government of Bangladesh continues its intransigence around the Chittagong Hill Tracts Accord. It seems like only yesterday when I had the opportunity and privilege to vista in Chittagong and meet with the indigenous who have been the victims of this ignored and broken agreement. The international community must continue to shine a spotlight of transparency and justice on this negligent behavior by the government. – Fr. Seamus Finn, OMI ………………………..Kapaeeng Foundation forwarded this statement of the Chittagong Hill Tracts Commission on the implementation of the CHT Accord (issued 2 December 2014)
CHTC concerns over the failure to fully implement the 1997 CHT Accord and calls for roadmap with clear milestones on full implementation
Dhaka: December 2, 2014. The International Chittagong Hill Tracts Commission (CHTC) has expressed concern over the Government’s lack of political will leading to the failure of full implementation of the CHT Accord 17 years after its signing. The CHTC has called upon the Government to urgently adopt and enforce a roadmap with clear milestones for implementation of the Accord ensuring full participation of all stakeholders.
The Awami League signed the Accord together with PCJSS on December 2, 1997 and the present Awami League government has repeatedly pledged to implement the Accord, both nationally through each of its election manifestos to date and internationally during the Universal Periodic Reviews in 2009 and 2013. Yet the state of peace and stability in the Chittagong Hill Tracts (CHT) has continued to deteriorate throughout the two terms the government has held office and there have been no efforts to strengthen local institutions and ensure end to land conflict which has led to the deterioration of the human rights situation in the area.
Amendment of the HDC Acts and failure to hold elections
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Slaves No More… December 1st, 2014
On January 1st 2015, Pope Francis will commemorate the World Day of Peace with the theme “Slaves no more, but brothers and sisters.” In alignment with this message for the new year, the Coalition of Catholic Organizations Against Human Trafficking invites you to join in efforts to eliminate the scourge of human trafficking by making a personal commitment in 2015 to resolve to fight human trafficking. Click here to find out more and commit to the resolutions today.
Faith-Based Shareholders Pushes Bank of America to Reverse Poor Governance Decision November 26th, 2014
Activists protest BofA in Charlotte, NC in 2012;
Credit: photo from Flickr JedBrandt@gmail.com;
Some Rights Reserved
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The Missionary Oblates have joined other Faith-based investors in asking Bank of America to require the Chair of the Board to remain independent. BOA recently decided to give the title of Chairman to the Bank’s CEO, Brian Moynihan.
BOA’s action rolls back a bylaw change approved by shareholders in 2009 to separate the titles. Faith-based and other large institutional investors, including the California State Teacher’s Retirement System and the New York City Pension Funds, have called for a shareholder vote on the issue. Continuing fines and settlement payments involving the bank since the financial crisis have shareholders arguing for greater oversight of management by the Board. Giving the CEO the additional authority of Board Chair weakens the independence of the Board.
Fr Seamus Finn, OMI who is Board Chair of the Interfaith Center on Corporate Responsibility, said the bank’s ongoing fines and settlements show that it needs “to take a serious look at the culture of the institution.” He said it would be better if the two roles were separated.
The Oblates have joined the New Jersey-based Sisters of Charity in co-filing a resolution on this issue, and other faith-based institutional investors plan to do the same. Press coverage in the Wall Street Journal and other newspapers has analysts predicting that the bank will put the issue on the ballot for a vote by shareholders.
Missionary Oblates Welcome Executive Action for Migrant Families November 24th, 2014
Immigration Reform Rally, Capitol Lawn; photo taken on April 10, 2013; Cool Revolution on Flickr, Some rights reserved
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Missionary Oblates JPIC applauds President Obama’s Administration for taking bold action to protect migrant families. On November 20, President Obama announced an historic action to provide deportation relief to an estimated 5 million undocumented immigrants living in the United States.
It is an historic victory that could not have been accomplished without the determined advocacy efforts of religious communities, immigrants and human rights groups. The executive action on immigration is welcome news for millions of immigrant families who have been living in the shadows for a long time.
The executive action will provide protection against deportation and will provide work permits to parents of U.S. citizens and lawful permanent residents (LPR) who have resided in the country for five years. It will also expand legal status protection to young people who came to the United States as children, but who were not able to qualify for DACA (Deferred Action for Childhood Arrivals) when it was first announced in 2012.
“Due to the failure of Congress to move on comprehensive immigration reform, President Obama was right to act to stop deportations, which would lead parents to be separated from their American-born children,” said Fr. John Cox OMI, Pastor of Most Holy Redeemer parish in Ogema MN and a former member of the U.S. Province JPIC Committee.
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