Brazil Close to a Deal on AIDS Drug with Abbott

Brazzil Magazine covers

Brazil continues to negotiate AIDS drug prices with multinational pharmaceutical laboratories. At the moment, it looks like a deal will be reached with Abbott, which manufactures Kaletra.

If Brazil is able to get a 50% discount, which is what the Ministry of Health is demanding, the country could economize US$ 339 million over the next six years.

According to Minister of Health, Saraiva Felipe, when a deal is reached with Abbott, the government will begin talks with two other laboratories, Merck, manufacturer of Efavirenz, and Gilead, manufacturer of Tenofovir.

"Brazil would like a license to manufacture these retrovirals here domestically," says Saraiva Felipe. "The Clinton Foundation has offered us a copycat Tenofovir made in India at US$ 0.85 a capsule. The brand name Tenofovir by Gilead costs US$ 7 a capsule," explains the Minister.

"Our AIDS program is recognized as one of the most successful in the world. But we have to constantly negotiate prices in order to keep it viable. We have to bargain for each of the 17 drugs in the AIDS cocktail," said the Minister.

ABr

Tags:

You May Also Like

Brazzil Magazine covers

US-Brazil Team Studies Links Between Alzheimer’s and Child Diarrhea

Researchers at the University of Virginia School of Medicine and Federal University of Ceará ...

Brazzil Magazine covers

Lula’s Popularity Up. And So Is the Market in Brazil.

Latin American markets were collectively robust, despite lackluster trading in the U.S. Tempering enthusiasm ...

Brazzil Magazine covers

Pope in Brazil to Deliver Tough Talk on Poverty and Crime

In his first full day in Brazil, pope Benedict XVI met for about 30 ...

Brazzil Magazine covers

Celso Furtado: He Thought of Brazil as Brazilian

At a recent meeting in Alexandria, an Egyptian professor asked a question:  In the ...

Brazzil Magazine covers

Brazil and Argentina: Two Neighbors Who Can’t Get Along

Brazilian President Luiz Inácio Lula da Silva has been badly wounded by the corruption ...

Brazzil Magazine covers

Brazil, Listen to the Calles!

Ever since their military regimes ended, Latin American countries have seen the calles, the ...