eu to grant $us1b to global fund, pharma firms donate to us adaps

1
PharmacoEconomics & Outcomes News 423 - 2 Aug 2003 EU to grant $US1b to global fund, pharma firms donate to US ADAPs A European contribution of $US1 billion has been guaranteed for the Global Fund to Fight AIDS, Tuberculosis and Malaria in 2004 by the president of the European Commission Romano Prodi, says the BMJ. 1 However, Mr Prodi has cautioned that the EU sometimes works slowly, owing to its 15 member states. Meanwhile, US state AIDS Drug Assistance Programmes (ADAPs) will benefit from donations of more than $US50 million from seven antiretroviral manufacturers, * as part of efforts by the companies to overcome criticism from AIDS activists, reports Scrip. 2 Negotiations with Bristol-Myers Squibb are ongoing, according to the programmes’ coordinators. Discounts of 10–15% on antiretrovirals are provided to the ADAPs by all the companies, and GSK is to provide an additional package of cash and credits worth $US20 million to assist with shortening patient waiting lists and avoiding new restrictions. Pfizer also aims to provide antiretrovirals free of charge or at greatly reduced prices until 31 March 2005, and to continue price neutrality on its new 625mg formulation of ‘Viracept’ relative to earlier formulations. However, Pfizer is not making known the precise amount of its donation, which will be determined according to each state’s individual needs. * Abbott Laboratories, Boehringer Ingelheim, GlaxoSmithKline (GSK), Gilead Sciences, Pfizer and Merck & Co 1. Dorozynski A. EU commits $1bn to global fund. BMJ 327: 182, 26 Jul 2003. 2. Seven firms give $50 mill to US AIDS drug programmes. Scrip : 15, No. 2867, 16 Jul 2003. 800888824 1 PharmacoEconomics & Outcomes News 2 Aug 2003 No. 423 1173-5503/10/0423-0001/$14.95 Adis © 2010 Springer International Publishing AG. All rights reserved

Post on 23-Dec-2016

213 views

Category:

Documents


0 download

TRANSCRIPT

PharmacoEconomics & Outcomes News 423 - 2 Aug 2003

EU to grant $US1b to global fund,pharma firms donate to US ADAPs

A European contribution of $US1 billion has beenguaranteed for the Global Fund to Fight AIDS,Tuberculosis and Malaria in 2004 by the president of theEuropean Commission Romano Prodi, says the BMJ.1However, Mr Prodi has cautioned that the EUsometimes works slowly, owing to its 15 memberstates.

Meanwhile, US state AIDS Drug AssistanceProgrammes (ADAPs) will benefit from donations ofmore than $US50 million from seven antiretroviralmanufacturers,* as part of efforts by the companies toovercome criticism from AIDS activists, reports Scrip.2

Negotiations with Bristol-Myers Squibb are ongoing,according to the programmes’ coordinators. Discountsof 10–15% on antiretrovirals are provided to the ADAPsby all the companies, and GSK is to provide an additionalpackage of cash and credits worth $US20 million toassist with shortening patient waiting lists and avoidingnew restrictions. Pfizer also aims to provideantiretrovirals free of charge or at greatly reduced pricesuntil 31 March 2005, and to continue price neutrality onits new 625mg formulation of ‘Viracept’ relative toearlier formulations. However, Pfizer is not makingknown the precise amount of its donation, which will bedetermined according to each state’s individual needs.* Abbott Laboratories, Boehringer Ingelheim, GlaxoSmithKline (GSK),Gilead Sciences, Pfizer and Merck & Co

1. Dorozynski A. EU commits $1bn to global fund. BMJ 327: 182, 26 Jul 2003.2. Seven firms give $50 mill to US AIDS drug programmes. Scrip : 15, No. 2867,

16 Jul 2003.800888824

1

PharmacoEconomics & Outcomes News 2 Aug 2003 No. 4231173-5503/10/0423-0001/$14.95 Adis © 2010 Springer International Publishing AG. All rights reserved