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

US Foundation Tells Brazil to Break Patents If Needed to Keep AIDS Program Going

On the heels of an article published yesterday, January 3, in the Boston Globe, ...

Brazil’s Unemployment Rate Falls Slightly to 8.6%

Brazil's unemployment rate stood at 8.6% in March, as against the 8.7% rate recorded ...

Brazil: The Shame of Being the World’s 7th Largest Economy

In the 19th century, Victor Hugo refused to shake hands with Pedro II, the ...

Succession Has Started in Brazil

Lula says he is against reelection. He has positioned himself against this monstrosity stuffed ...

Brazil’s Goes on Another Africa Tour, the 4th

On Sunday, April 10, Brazilian President Luiz Inácio Lula da Silva will begin his ...

Brazil Buys Ambev Stocks Betting Brazilians Will Drink More

Brazilian stocks rose this December 28 adding to previous day’s already record highs on ...

Toyota Cites Brazil as Example to Be Copied in the US

 Jim Press, president of Toyota Motor North America, today said that despite recent headlines, ...

Buchada de Bode and a Whole Lot More of Obscure and Tasty Brazilian Food

You most certainly heard of, or even tasted, churrasco (barbecue) and feijoada, a complex ...

Rio Olympics: Lula Creates New Bolsa (Allowance) to Raise Police Salaries

Inspired by the success of his Bolsa Família (Family Allowance) Brazilian president Luiz Inácio ...

Making Amends

The Brazilian Agrarian Reform Association disagrees  with the manner in which the number of ...