The Global Fund announced that “an innovative initiative…to put affordable and effective anti-malaria medicines in remote communities in Africa, is making rapid progress in Ghana, Kenya, Madagascar, Nigeria, Tanzania and Uganda.” The Affordable Medicines Facility for Malaria (AMFm), which is managed by the Global Fund, “allows people to buy life-saving malaria treatment in private stores and pharmacies for less than one U.S. dollar. Comparable malaria medicines outside the program cost up to ten to twenty times as much.” Dr. Olusoji Adeyi, who heads the AMFm initiative at the Global Fund in Geneva, said, “The innovation is working, bringing relief to millions who need quality anti-malaria medicines at affordable prices. The AMFm is a game-changer in financing access to malaria treatments.” AMFm is “making anti-malaria medicines, called artemisinin-based combination therapies (ACTs), available as widely and inexpensively as possible to those who need them. It allows people to obtain effective drugs without having to travel long distances to reach public health clinics. AMFm is also helping to drive out ineffective medicines off the market, making effective ACT treatment available and accessible to millions of people.”

http://www.theglobalfund.org/en/mediacenter/pressreleases/2012-04-25_Global_Fund-led_initiative_slashes_cost_of_anti-Malaria_medicines_in_many_African_countries/