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
  
  • Email Email
  • Comments Comments
  • Printable Single-Page Print-Friendly
  • Glossary Glossary

U.S. News

GlaxoSmithKline, Pfizer Formally Launch Company to Develop New HIV Treatments

November 3, 2009

Pharmaceutical companies GlaxoSmithKline (GSK) and Pfizer on Tuesday formally launched ViiV Healthcare, a company focused on the development of new HIV treatments, Dow Jones Newswires/SmartMoney.com reports (11/3).

"GSK was at the forefront of breakthroughs in HIV and AIDS treatments in the late 1980s and 1990s with anti-virals such as Retrovir, Epivir and Combivir, which slow the effects of the illness. However, new innovations have proved difficult to find despite the virus still killing 5,000 people every day," the Telegraph reports. "The deal will Pfizer allows the research and development of potential new drugs while also meeting investors' concerns by sharing the risk."

The Telegraph continues, "AIDS charities have welcomed the link-up but said it was 'essential' that the dilution of competition does not drive up prices and lead to a 'disinvestment' of R&D in the long term." The article includes details about the increasing pressure GSK has been under by AIDS charities to create a patent pool of HIV treatments in order to drive treatment costs down (Ruddick, 10/31).

Advertisement
Reuters/Forbes examines how the "pooling" of the companies' HIV/AIDS businesses may lead to new directions in HIV research. "Our intent is to look at what we can do with the portfolio we get from Pfizer and Glaxo to build new combinations which will completely transform the way we treat HIV," said Dominique Limet, chief executive of ViiV Healthcare (Hirschler, 11/3).

Back to other news for November 2009


This information was reprinted from kff.org with permission from the Henry J. Kaiser Family Foundation. You can view the entire Kaiser Daily Global Health Policy Report, search the archives, and sign up for email delivery. © Henry J. Kaiser Family Foundation. All rights reserved.



  
  • Email Email
  • Comments Comments
  • Printable Single-Page Print-Friendly
  • Glossary Glossary

This article was provided by Henry J. Kaiser Family Foundation. It is a part of the publication Kaiser Daily Global Health Policy Report. Visit the Kaiser Family Foundation's website to find out more about their activities, publications and services.
 
See Also
More on the Drug Development Process

No comments have been made.
 

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