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Medical News Gilead in Negotiations With Ten Indian Generic Drug Companies to Assist in Producing Generic Versions of Truvada, VireadAugust 8, 2006 Pharmaceutical company Gilead is negotiating with ten Indian generic drug companies to assist them in producing generic versions of Gilead's patented antiretroviral drugs, Bloomberg News reports. Under the proposals Gilead is offering, generic drug companies would be allowed to sell generic versions of the antiretrovirals -- including Truvada and Viread -- only in developing countries, and the drugs would look different from the patented versions. India-based Matrix Laboratories said it expects to reach an agreement with Gilead within two months and begin selling generic versions of Truvada next year, Srini Vasan, Matrix senior vice president for business development, said. He added that the company already has discovered how to produce Truvada's active ingredient. According to Bloomberg, Gilead in its negotiations is aiming to decrease the cost of antiretrovirals by encouraging competition. "We think they can beat our prices, and we would love to see that happen," Gregg Alton, Gilead's general council, said, adding, "We're going to teach them everything they need to know to make the product." About 45,000 to 50,000 of the 6.5 million HIV-positive people in developing countries who need antiretrovirals are receiving Gilead drugs, Bloomberg reports. Other Companies Back to other news for August 8, 2006
Reprinted with permission from kaisernetwork.org. You can view the entire Kaiser Daily HIV/AIDS Report, search the archives, or sign up for email delivery at www.kaisernetwork.org/dailyreports/hiv. The Kaiser Daily HIV/AIDS Report is published for kaisernetwork.org, a free service of the Kaiser Family Foundation, by The Advisory Board Company. © 2006 by The Advisory Board Company and Kaiser Family Foundation. All rights reserved. This article was provided by Henry J. Kaiser Family Foundation. It is a part of the publication Kaiser Daily HIV/AIDS Report.
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