Word: burroughses
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The high price of AZT, sold under the trade name Retrovir, has become one of the most passionate controversies of the AIDS epidemic. Activists have accused Burroughs Wellcome, the drug's manufacturer, of taking unseemly advantage of desperate AIDS patients. AZT, which is being taken by more than half the...
While Burroughs Wellcome said it had been planning the cut for some time, the announcement came on the heels of angry protests. Well-organized AIDS activists condemned AZT's high price at stock exchanges in London, New York and San Francisco, chanting such slogans as "Be the first on your...
Burroughs Wellcome refuses to disclose its profit on AZT, but industry analysts believe it could range from a low of $25 million to a high of $100 million on this year's sales of $200 million. When the costs of overhead and continuing research are factored in, "the average operating...
Critics argue, however, that AZT should not be subject to the usual practices of the pharmaceutical industry. The drug was first synthesized in 1964 by a Government-funded scientist in Michigan who was searching for a cancer treatment. Although that application never panned out, investigators at the National Cancer Institute...
Yet in 1984 no one was manufacturing AZT, in part because of the colossal expense of producing a drug that would be helpful only to a relatively small group of people. Scientists believed at the time that AZT would be effective only for those suffering from full-blown AIDS, and...