Clinton Brokers Deal for Low-Priced AIDS Drugs
Remember what it was like to have a President who gave a damn about people? Well he still does.
President Clinton announced that his foundation has completed negotiations for lower-priced HIV tests & AIDS treatment drugs for the developing world, an agreement which will doubtless save hundreds of thousands of lives.
By the agreement, four companies will offer the tests for 49 cents to 65 cents each, thus reducing the cost of a diagnosis by half. Four additional companies will provide the antiretroviral drugs efavirenz and abacavir at prices about 30% less than the current market rates. The new, more cost-effective medications and testing products will be available in 50 countries throughout the world.
"Too many people die because they can't afford or don't have access to the drugs," Clinton said at his office in Harlem. "Too many people are being infected because most of the people who have the virus today have not been tested. I hope that the availability of these low-cost testing supplies, and the quickness of the response will encourage employers all over the world, especially in the high infection rate countries, and schools, governments and others to take advantage of this," he said.
Companies of conscience who contributed to this effort include:
Clinton said he also expects to announce additional price reductions of more AIDS drugs later this year.
Please visit The Clinton Foundation for more information.
President Clinton announced that his foundation has completed negotiations for lower-priced HIV tests & AIDS treatment drugs for the developing world, an agreement which will doubtless save hundreds of thousands of lives.
By the agreement, four companies will offer the tests for 49 cents to 65 cents each, thus reducing the cost of a diagnosis by half. Four additional companies will provide the antiretroviral drugs efavirenz and abacavir at prices about 30% less than the current market rates. The new, more cost-effective medications and testing products will be available in 50 countries throughout the world.
"Too many people die because they can't afford or don't have access to the drugs," Clinton said at his office in Harlem. "Too many people are being infected because most of the people who have the virus today have not been tested. I hope that the availability of these low-cost testing supplies, and the quickness of the response will encourage employers all over the world, especially in the high infection rate countries, and schools, governments and others to take advantage of this," he said.
Companies of conscience who contributed to this effort include:
- Chembio Diagnostics Inc., based in Medford, N.Y.
- Orgenics, a subsidiary of Inverness Medical Innovations, based in Israel
- Qualpro Diagnostics in partnership with Core Diagnostics, based in India
- Shanghai Kehua, based in China
- Cipla, based in India
- Ranbaxy, based in India
- Strides Arcolab, based in India
- Aspen Pharmacare, based in South Africa
- Matrix Laboratories, based in India
Clinton said he also expects to announce additional price reductions of more AIDS drugs later this year.
Please visit The Clinton Foundation for more information.
posted by CTF Editor at
3:26 AM
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