News outlets report on efforts to address the cost of drugs for HIV/AIDS as well as other related developments.
The Washington Post: "Radical" Bill Seeks to Reduce Cost Of AIDS Drugs by Awarding Prizes Instead of Patents
Prizes, not patents. That could be the slogan for a radical idea that leading economists say would lower the price of new drugs for treating HIV/AIDS (Vastag, 5/19).
CQ HealthBeat: U.S. Continues Action On AIDS Drugs, Testing As July Global Summit NearsView Full Article
As Washington prepares for a major international AIDS conference this summer, developments on the drug front are once again elevating the subject of the continuing epidemic in the public eye. Advisory panels recommended recently that the Food and Drug Administration approve both a drug to prevent the HIV infection and an at-home diagnostic kit. Also, Sen. Bernard Sanders is offering a way to reduce the steep costs of drug treatments for people with HIV and AIDS (Norman, 5/18).
Comment by: AsianPrince
(Kuala Lumpur, Malaysia)
Fri., May. 25, 2012 at 8:51 pm UTC
Not everyone is lucky enough to have their insurance cover the cost of their medical. Sometimes, when you retire & your company no longer pays for your medical benefit, or you simply just cant afford to renew your insurance anymore, the drug needs to be affordable enough to be paid out of the individual pockets. We hope that steps would be done to curb the ever rising cost of these drugs, coz our survival largeley depends on it (at least for now). Apart from that, we would be buying these drugs for our entire life; and there are many PLHIV. Hence, they have the huge market volume; and could have reduce the unit price of these drugs... that's what I believe
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