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Patents and Intellectual Property Rights
by ruth on September 20, 2005

"While we are happy to see the end of GSK's patent protection for AZT, this development comes as too little, too late, particularly for a drug that GSK didn't even invent. When AZT was first introduced as an AIDS drug - and, at the time, was the only available treatment - people died because they could not afford the ten thousand dollar price tag. This astronomical price set the precedent for the pricing of virtually all AIDS drugs that followed. Untold millions have died here and abroad in the nearly two decades AZT has been under patent, making this a solemn day and shameful reminder that the unbridled quest for greater and greater profits has had a cost that can be measured in human suffering."
It does seem to be a string of bad luck for GlaxoSmithKline. GlaxoSmithKline has suffered a setback an has terminated the Phase IIb trials for a new AIDS pill, following two cases of serious liver problems in patients taking its experimental drug. Aplaviroc, or GSK 873140, belongs to a new class of oral medicines called CCR5 inhibitors that can block the AIDS virus before it enters human cells. A report form Dow Jones quotes an analyst who says, "It's not good, but not a disaster...the drug is worth less than 10p per share."
Image Credits: http://www.drugs.com
Permalink: Glaxo Loses Patent On First AIDS Drug
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Mr Wong
Vote for Glaxo Loses Patent On First AIDS Drug:
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Response from:
Andrew Spark
(03/30/06 3:16am)
I think we need to be planning to control, monitor and regularize health care process.
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