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08
May
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by Jim Swanson • 9:10 am
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By KAREN MATTHEWS, Associated Press Writer
NEW YORK - Former President Bill Clinton announced agreements with drug companies Tuesday to lower the price in the developing world of AIDS drugs resistant to initial treatments and to make a once-a-day AIDS pill available for less than $1 a day.
The drugs to battle so-called “second-line” anti-retrovirals are needed by patients who develop a resistance to first-line treatment and currently cost 10 times as much, Clinton said. Nearly half a million patients will require these drugs by 2010.Clinton’s foundation negotiated agreements with generic drug makers Cipla Ltd. and Matrix Laboratories Ltd. that he said would generate an average savings of 25 percent in low-income countries and 50 percent in middle-income countries.
Clinton also announced a reduced price for a once-daily first-line AIDS pill that combines the drugs tenofovir, lamivudine and efavirenz.
He said the new price of $339 per patient per year would be 45 percent lower than the current rate available to low-income countries and 67 percent less than the price available to many middle-income countries
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