Originally published May 9, 2007 at 12:00 AM | Page modified May 9, 2007 at 2:02 AM
Deals will lower cost of AIDS drugs in some countries
Former President Clinton announced agreements with drug companies Tuesday to lower the price of second-line AIDS drugs for people in the...
The Associated Press
NEW YORK — Former President Clinton announced agreements with drug companies Tuesday to lower the price of second-line AIDS drugs for people in the developing world and to make an expensive, once-a-day AIDS pill available for less than $1 a day.
The second-line antiretroviral drugs are needed by patients who develop resistance to first-line treatment and now cost 10 times as much as first-line therapy, Clinton said. Nearly 500,000 patients will require these drugs by 2010.
"No company will live or die because of high price premiums for AIDS drugs in middle-income countries, but patients may," Clinton said Tuesday.
Clinton's foundation negotiated agreements with generic drug makers Cipla and Matrix Laboratories that he said would mean an average savings of 25 percent in low-income countries and 50 percent in middle-income countries. He said the companies collaborated with the foundation to lower production costs, in part by securing lower prices for raw materials.
Clinton said the reduced-price, once-daily pill combines the drugs tenofovir, lamivudine and efavirenz.
He said the price of $339 a patient a year would be 45 percent lower than the current rate available to low-income countries and 67 percent less than the price available to many middle-income countries
"Seven million people in the developing world are in need of treatment for HIV/AIDS," Clinton said. "We are trying to meet that need with the best medicine available today, and at prices that low and middle-income countries can afford."
The Clinton Foundation's activities are being financed by UNITAID, an organization formed by France and 19 other nations that have earmarked a small portion of their airline-tax revenues for HIV/AIDS programs in developing countries.
UNITAID will provide the foundation with more than $100 million to buy second-line medicines for 27 countries through 2008.
Since starting its HIV/AIDS Initiative in 2002, the Clinton Foundation has worked with 25 countries in Africa, the Caribbean and Asia to set up AIDS treatment and prevention programs.
The foundation also provides access to lower-priced AIDS drugs in 65 countries. Some 750,000 people are receiving AIDS drugs purchased through the foundation.
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