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

Brazil’s Meat Giant Perdigí£o Gets 30% Boost in Exports

The Brazilian meat sector industry Perdigão recorded 29.6% greater exports in the second quarter ...

Brazzil Magazine covers

40,000 Minors Disappear a Year in Brazil. Police Should Search for Them Faster Now

The immediate investigation of missing children and adolescents became mandatory in Brazil since last ...

Brazzil Magazine covers

Brazil Comes to the Rescue of Argentina with Electricity

Argentina has requested energy assistance from Brazil to overcome the very extreme winter the ...

Brazzil Magazine covers

For IMF, Brazil’s 51.5% Debt/GDP Ratio is Too High

The ratio between Brazil’s debt and its Gross Domestic Product (GDP), the total wealth ...

Brazzil Magazine covers

Ten Brazilian Entrepreneurs Get Knowledge Medal

Brazil’s 2005 Knowledge Medal (Medalha do Conhecimento), was awarded to ten businessmen by Brazilian ...

Brazzil Magazine covers

17% of Brazilian Babies Still Don’t Get a Birth Certificate

The Presidential secretary of Human Rights, Mário Mamede, concluded, Thursday, October 27, the defense ...