Mr
O'Neill stressed the importance of nations across the world working
together to avert the potential economic and health crisis.
He
said: 'Drug-resistant infections already kill hundreds of thousands a
year globally, and by 2050 that figure could be more than 10 million.
'The
economic cost will also be significant, with the world economy being
hit by up to 100 trillion US dollars (£63.6 trillion) by 2050 if we do
not take action.
'We
cannot allow these projections to materialise for any of us, especially
our fellow citizens in the Bric (Brazil, Russia, India and China) and
Mint (Mexico, Indonesia, Nigeria and Turkey) world, and our ambition is
such that we will search for bold, clear and practical long term
solutions.'
He
told BBC Radio 4's Today Programme, 'whatever we do in the UK, we are
not going to solve the problem on our own', adding that the picture
'gets bleak' if the world does not take steps to counter the problem.
As
well as stressing the importance of international cooperation, he
suggested that an 'innovation fund' could help with the huge costs
involved in developing new medicines.
Politicians
and scientists have warned of the need to find a cure for infections
that have become resistant, with Mr Cameron this year stating it was a
'very real and worrying threat' that could send medicine 'back into the
dark ages'.
Professor Dame Sally Davies, chief medical officer for England, said the latest research is 'compelling'.
She said: 'We all know that antimicrobial resistance (AMR) is important.
'This is a compelling piece of work, which takes us a step forward in understanding the true gravity of the threat.
'It
demonstrates that the world simply cannot afford not to take action to
tackle the alarming rise in resistance to antibiotics and other
antimicrobial drugs we are witnessing at the moment.
'I look forward to the ideas that Jim will recommend in due course for how we can begin to turn this tide globally.'
Professor
Anthony Kessel, director for International Public Health at Public
Health England, said 'if ever we needed a reminder of what a public
health catastrophe looks like, then this has to be it'.
'Stopping
resistance developing should be straight forward: prescribing the right
antibiotic for the right infection for the right time and stopping
infections spreading by practicing good infection control,' he said.
'However,
in reality this can be difficult to achieve, particularly in countries
where antibiotics are freely available or there is lack of sanitation
and healthcare is limited.
'For bacteria, the development of resistance to antibiotics is a natural evolutionary process in terms of survival.