Advertisement
The Body: The Complete HIV/AIDS Resource
Follow Us Follow Us on Facebook Follow Us on Twitter Download Our App
Professionals >> Visit The Body PROThe Body en Espanol
Read Now: TheBodyPRO.com Covers AIDS 2014
  
  • Email Email
  • Comments Comments
  •  (3)
  • Printable Single-Page Print-Friendly
  • Glossary Glossary

Policy & Politics

AIDS Healthcare Foundation: Congress Puts Foot Down on Funding High-Priced AIDS Drugs

March 28, 2013

The US Congress has passed legislation that caps FY2013 AIDS Drug Assistance Program (ADAP) funding, prompting the AIDS Healthcare Foundation (AHF) to urge Gilead Sciences and other AIDS drug makers to lower ADAP HIV drug costs. AHF President Michael Weinstein asserted that pharmaceutical companies have used ADAP funding increases to launch "overpriced" new HIV medications and to give "million-dollar bonuses" to chief executive officers (CEOs).

Tim Boyd, AHF's director of domestic policy, stated that Gilead CEO John Martin's salary topped $54 million while 10,000 HIV-infected people were on ADAP waiting lists, and Gilead now plans to increase Martin's pay to $90 million. The congressional funding cap means ADAP will not be able to provide treatment to 8,000 HIV-infected people on waiting lists across the country.

The cap halts years of increased congressional funding to keep pace with the rising cost of HIV drugs and longer ADAP waiting lists. In 2011 alone, Congress added $48 million to ADAP funding and supplemented ADAP with $30 million in "emergency funding" to provide HIV medications to ADAP wait-listed patients. The National Alliance of State and Territorial AIDS Directors reported that ADAP spending for HIV drugs has increased by 806 percent since 1996; the number of ADAP clients rose by only 341 percent in the same time period. AHF estimated that the average price of new HIV/AIDS drugs went up by 70 percent since 2000.

Back to other news for March 2013

Adapted from:
Fort Mill Times
03.27.201


  
  • Email Email
  • Comments Comments
  •  (3)
  • Printable Single-Page Print-Friendly
  • Glossary Glossary

This article was provided by CDC National Prevention Information Network. It is a part of the publication CDC HIV/Hepatitis/STD/TB Prevention News Update.
 
See Also
2012 National ADAP Monitoring Project Annual Report: Module One (PDF)
After Five Years, ADAP Waiting Lists Have Been Eliminated; Unmet Need and Funding Uncertainties Require Continued Commitment
More News on ADAP Funding and Activism

 

Add Your Comment:
(Please note: Your name and comment will be public, and may even show up in
Internet search results. Be careful when providing personal information! Before
adding your comment, please read TheBody.com's Comment Policy.)

Your Name:


Your Location:

(ex: San Francisco, CA)

Your Comment:

Characters remaining:

Tools
 

Advertisement