• Categories
  • Archives

Abbott Blinks First and Brazil Gets Its AIDS-Drug Discount

Some 23,000 people in Brazil use the AIDS drug, Kaletra, made by the Abbott laboratories as part of the country’s AIDS program in which they are furnished drugs free of charge by the government.

The good news is that the government has gotten a substantial discount on the drug. Beginning in March of next year the price will come down from US$ 1.17 per capsule to US$ 0.63, reports the Brazilian Health Ministry.

Health Minister, Saraiva Felipe, says that the discount will mean an economy of around US$ 340 million over a five-year period (2006 to 2011) for Brazil.

Meanwhile the Abbott lab announced it will donate some US$ 3 million in other antiretroviral drugs and diagnostic kits. It also said it is studying a discount for Brazil on a new drug, Meltrex, which is still in tests in the US.

The Minister said the discount came after hard negotiations bolstered by Brazil’s stellar reputation in the treating of AIDS.

Brazil is the only developing nation that gives all HIV/AIDS positive persons free care if they need it. Some 160,000 people are enrolled in the program, which has become a model for the world.

ABr

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Eight Americans Arrested in Brazil for Making Porno Movies

Police from the Santa Cruz Precinct, in the western zone of Rio de Janeiro, ...

Brazil Congress: The Same Old Story, Corruption, Embezzlement, Impunity

Another case of political corruption has made headlines in Brazil and once again it ...

Brazil President Sees Sunny Side of US Crisis: Obama’s Victory

Brazilian President, Luiz Inácio Lula da Silva, sees a silver lining in the recent ...

It Happened in Brazil: A Good Deed Is a Reward in Itself

March 9, 1999 is a day which I will remember forever. That day I ...

A Carnaval of Disillusion in Brazil

Brazilian politics is once again involved in a scandal. It was revealed that the ...

Brazil Triples Funds for Exports to Close to US$ 800 Million

Brazil's federal government is going to nearly triple the funds for its Export Financing ...

Unemployment Is Up in Brazil

After falling for three consecutive months, Brazil’s unemployment rate rose slightly to 11.4% in ...

Brazil’s Petrobras World’s Best in Excellence Just Behind Shell

Brazilian oil company Petrobras ranked second in a world evaluation made by the Management ...

Brazil Cites Low Inflation and Idleness to Keep Interest Rates at 8.75%

With inflation below target, Brazil's central bank, for the third time in a row, ...

Brazil’s Petrobras Invests US$ 112 Bi to Be Among World’s Top Five in Energy

Brazil's government-controlled oil company Petrobras announced plans to invest 112 billion US dollars in ...