KPMG’s Chief Medical Advisor comments on anti-microbial resistance

KPMG comments on anti-microbial resistance

The UN is hosting a summit on anti-microbial resistance today, 21 September 2016.

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Professor Hilary Thomas says: “The impact of AMR on our livelihoods and wellbeing is very real. KPMG’s report The global economic impact of anti-microbial resistance details four possible scenarios for the impact of AMR on the world’s economy. The most severe scenario modelled projected to see world GDP $US14,228 billion lower in 2050, the equivalent of more than the whole economies of China, Russia and India wiped out together based on their current size.

“AMR could influence the choices we make around our health, and we need much greater awareness among patients. For example, without effective antibiotics the risk of carrying out elective operations could far outweigh the benefits. We will put up with hip pain, as the risk of infection following a hip replacement will be too great. For an ageing population living longer thanks to advances in medical procedures this could have a knock-on effect for life expectancy. Patients need to be questioning their doctor or pharmacist every time they are prescribed antibiotics. 

“The current commercial model in the life sciences industry is not fit for purpose in a world where we face widespread antibiotic resistance. We need life sciences to work with government and academia to create better commercial models, develop new antibiotics and control the use of existing antibiotics more carefully.”

-ENDS-

 

For more information, please contact:

Helen Jackson, corporate communications assistant manager

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Email: Helen.jackson@kpmg.co.uk

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Report

Click to read the report: The global economic impact of anti-microbial resistance.

 

About KPMG

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 12,000 partners and staff.  The UK firm recorded a revenue of £1.96 billion in the year ended September 2015. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 174,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity.  Each KPMG firm is a legally distinct and separate entity and describes itself as such. 

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