What he says is completely valid. The headline is pretty sensationalist (as the Daily Mail tends to be), he’s not really “blasting capitalism”, at least in any of the quotes the article gives.
‘The malaria vaccine in humanist terms is the biggest need. But it gets virtually no funding. But if you are working on male baldness or other things you get an order of magnitude more research funding because of the voice in the marketplace than something like malaria,’ he said.
He said that the way to fix the disparity is to address this ‘flaw in the pure capitalistic approach.’
He’s just saying that pure capitalism allocates resources according to profitability and sometimes charity isn’t enough to make up for that.