Monday 15 September 2014

Gilead slashes cost of $1,000-a-pill hepatitis drug for poor nations

The World Health Organisation estimates there are 185 million people infected with Hepatitis C US biotechnology giant Gilead Sciences announced Monday generic licensing deals with seven Indian pharmaceutical firms to slash the cost of its $1,000-a-pill Hepatitis C medicine in 91 developing countries. Gilead has come under fire from patient rights' groups for the cost of its Hepatitis C drug, Sovaldi, which in the US costs $84,000 for a total 12-week course of treatment. "This announcement is a game-changer," Greg Alton, Gilead medical affairs executive vice-president, told AFP in New Delhi where the announcement was made. Gilead said the seven Indian firms to which it has licensed its Hepatitis C drug include Cipla, Ranbaxy Laboratories, Cadila Healthcare and Mylan Laboratories.




via Health News Headlines - Yahoo News Read More Here..

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