Clinton Forces Pharma's Hands
Well, it has been far too long since I posted to my blog, and I just saw this article in the IHT (Clinton arranges cheaper AIDS drugs) about work that BILL Clinton and his Foundation has been doing to get low-cost AIDS drugs to developing countries. He has negotiated new prices ($695 per annum down from $2000 two years ago, and $1000 this year) by encouraging countries to go generic. Those pharmaceutical companies can complain about breaking international patents all they want--as Clinton said: "No company will live or die because of high price premiums for AIDS drugs in middle-income countries, but patients may."
For more information on the work that the Clinton Foundation is doing, check out their website. Also, you can see a great speech by Clinton accepting an award at the 2007 TEDTalks and talking about the world's current AIDS situation over at their website.
Labels: In the News
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