Brazil Close to a Deal on AIDS Drug with Abbott

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

Pluto, expelled from the planet's club

Brazilian Government Pays to Bring Pluto Back to the Cool Planets Table

It has just been created, in Brasília, a new NGO, called Friends of Pluto ...

Rio Never Was Paris

Rio is no longer Brazil’s federal capital and the city has gone to seed. ...

Another Nail in Brazilian Labor Minister’s Coffin: Ethics Committee Wants Him Out

In a surprising move to the Brazilian government the Executive Committee on Public Ethics ...

Say No and You Are a Father in Brazil

Brazil’s chief appellate court (Superior Tribunal de Justiça) (STJ) made a ruling last week ...

Cover of Exame talks about Brazil's Bureaucrassaur

Lesson Number 1: Brazil Is Not the US. Now, Relax and Enjoy If You Can!

I’ve learned a few things from spending time and doing business in Brazil, most ...

Brazil Puts a Brake on Interest Cuts. Key Rate Left at High 11.25%

Putting an end to a monetary policy distention which begun over two years ago, ...

Brazil Expects Agriculture to Grow 5.5%, More than Country’s GDP

The agricultural sector in Brazil should grow 5.5% this year. This forecast was disclosed ...

Dear Cousins

The truth had neither suppressed the anguish nor put an end to the pity ...

Brazil: IMF Praises Fallen Palocci and Welcomes Incoming Mantega

Rodrigo de Rato, Managing Director of the International Monetary Fund (IMF), issued the following ...

Brazil’s Petrobras Might Buy Oil Refinery in U.S.

Brazilian oil giant Petrobras does not discard the possibility of purchasing a refinery in ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`