US pharmaceutical giant Pfizer on Wednesday said it would sell its patented drugs at a not-for-profit basis to the world's poorest countries, as part of a new initiative announced at the World Economic Forum in Davos.

At least one novel pathogen emerges every year, therefore, there is a need for a coordinated global response to tackle pandemics, health leaders said in Davos.

Cuba applauded India for its extraordinary efforts in healthcare interventions at the World Economic Forum as Union Health Minister Mansukh Mandaviya met his Cuban counterpartin Davos on Tuesday.