Navigation Links
Abbott to Subsidize Price of HIV Drug

The US-based pharmaceutical multi-national, the Abbott, has agreed to lower the prices of Kaletra/Aluvia in low and low-middle income countries to one thousand// US dollars, on a request from the World Health Organization’s Director-General Margaret Chan.

Kaletra is indicated for the treatment of HIV-1 infected adults and children above the age of 2 years, in combination with other antiretroviral agents. It is in a category of HIV medicines called protease inhibitors (PIs).

Protease is a chemical, known as an enzyme that HIV needs in order to make new viruses. Protease inhibitors (PIs) block the protease enzyme. When protease is blocked, HIV makes copies of itself that cannot infect new cells.

Kaletra is actually two drugs combined into a single capsule: lopinavir and low doses of ritonavir, another protease inhibitor manufactured by Abbott Laboratories.

In some parts of the world, these Kaletra tablets are sold under the brand name Aluvia.

To meet the needs of countries committed to expanding HIV/AIDS treatment, Abbott will offer the governments of more than 40 low and low-middle income countries (as defined by World Bank criteria) and NGOs a new price of $1,000 per patient per year.

This price is lower than any generic price available in the world today for this medicine and is approximately 55 percent less than the average current price for these countries, the press release states.

Abbott will immediately begin discussions with individual countries where Abbott's patents are respected to maximize the number of patients that can be provided Kaletra/Aluvia capsules and tablets at this new price.

At the same time the Abbott affirmed that the patents of scientists and inventors must exist so that there were incentives for sustained research and development. Without this system, the miracle drugs the world enjoys today, including HIV medicines, would not exist, it said.

Specifically, with regard to Thailand, Abbott appreciated and fully respected the suggestion of Director-General Chan that more work needed to be done with the government of Thailand to achieve a positive outcome. Meanwhile, Kaletra capsules would be in Thailand and eligible for the new price.

Today, Kaletra capsules are registered in 118 countries.
GPL/B
'"/>




Related medicine news :

1. Pharmacia may take 51.5 percent Abbott stake
2. Abbott Laboratories to buy Biocompatibles cardiovascular stent business
3. Abbott’s Laboratories R&D Capabilities Questione
4. Abbott Receives CE Mark Certification
5. Abbott Offers Aluvia to Thailand in Return for Compulsory Licensing Halt
6. Herceptin Subsidized By Australian Government
7. Cervical Cancer Vaccine Gardasil Included In Subsidized CDC program
8. Drug Prices in India to be Monitored - NPPA to Tie up with ORG
9. Price Of Alcohol Does Not Influence Consumption
10. Delhi Sees Sharp Decline In Chicken Prices
11. Prices of eggs, egging its way upwards
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:2/22/2017)... , ... February 22, 2017 , ... ... approach, leads to fewer trips the emergency room, fewer hospital admissions, and better ... Journal of Managed Care® (AJMC®) finds. The study can be found here ...
(Date:2/22/2017)... ... February 22, 2017 , ... Sideline Products participated in the World ... TV host Tom Seay and his production crew. Tom Seay’s program “Best of ... the world. Saddle Sidekicks will be featured on April 6, 2017. After the ...
(Date:2/22/2017)... Charleston, WV (PRWEB) , ... February 22, 2017 ... ... has awarded a contract to Quality Insights to help small practices in Delaware, ... Quality Payment Program, established by the Medicare Access and CHIP Reauthorization Act of ...
(Date:2/22/2017)... ... February 22, 2017 , ... ... percent of those report that family members or friends have also commented about ... from hearing loss wear hearing aids. One reason, suggested by 89 percent of ...
(Date:2/22/2017)... (PRWEB) , ... February 22, 2017 , ... ... military veterans who suffer from combat-related PTSD. , Established in 1977, our organization ... Vietnam-era, the challenges of military returning to civilian life were evident and served ...
Breaking Medicine News(10 mins):
(Date:2/22/2017)... Research and Markets has announced the addition of the ... Trend Indicator):Analysis By Region, By Country (2016-21)" report to their ... Global ... CAGR of 5.33% during 2016-2021 The strong growth is ... demand of digital thermometer. Apart from that, the downfall in the ...
(Date:2/22/2017)... 22, 2017  Allergan plc (NYSE: AGN), a ... a Gold sponsor of the Alzheimer,s Foundation of ... This tour commemorates AFA,s15 years of educating individuals ... programs. The tour will include AFA,s free Concepts ... displays of the AFA Quilt to Remember. ...
(Date:2/22/2017)... February 22, 2017 According to a new market ... In-Line, At-Line), Products and Services (Analyzers, Probes & Sensors), End - User ... MarketsandMarkets, the global market is poised to reach USD 3.30 Billion by ... from 2016 to 2021. Continue Reading ... ...
Breaking Medicine Technology: