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This the first lecture in the Global Health and Medical Ethics series. Dr. Peter Singer speaks here about medical research, new advances and its applications and missed opportunities in the third world.This interdisciplinary seminar in clinical medical ethics has met each year since 1981 when Mark Siegler and Richard Epstein organized a year-long program on Bad Outcomes after Medical Innovation. The 2009-10 seminar, the 28th annual seminar in this series, will focus on Global Health and Medical Ethics. We have invited distinguished national and local experts to address these issues.The 2009-2010 Global Health Ethics Seminar aims to promote greater awareness of the complex ethical challenges that pervade international health. Faculty and guest speakers from a wide range of academic disciplines including economics, law, religion, public policy, and medicine will speak at these weekly seminars throughout the academic year. The Seminar Series is organized and sponsored by the MacLean Center for Clinical Medical Ethics and the Global Health Initiative.Under the distinguished leadership of Dr. Funmi Olopade, the Global Health Initiative (GHI) at the University of Chicago is dedicated to improving health through educational, research, and clinical programs that link the University of Chicago with partners around the world. Since many academic disciplines contribute to global health, GHI brings together a diverse group of faculty, students, and other trainees from many different schools and programs. The GHI aims to solve complex international health challenges through novel, integrative approaches.