Word: kaletra
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...group of Harvard students travelled to the Abbott Laboratories facility in Worcester, Mass., yesterday afternoon to protest the pharmaceutical company’s recent decision not to allow Thailand’s government to produce generic versions of its Kaletra AIDS drug. The protest, organized by the Harvard chapter of the National Student AIDS Coalition, was timed to coincide with the Illinois-based pharmaceutical company’s shareholder meeting today. In January, Thailand issued a “compulsory license” that would have allowed companies to produce generic versions of Kaletra and Aluvia, another AIDS drug...
...also livid. These companies produce AIDS drugs that must be combined with Norvir for optimal efficacy, so the Norvir price increase effectively raises the cost of their drugs as well. But Abbott has declined to pass along the Norvir price hike to its own combination drug, Kaletra (which is pre-boosted with Norvir), thereby undercutting its competitors. A savvy business move? Certainly. Kaletra will doubtless gain increased market share as higher Norvir prices force AIDS patients to switch off of their old treatment regimes. But this market manipulation will likely have serious medical consequences. AIDS patients often respond better...
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