Friday, January 13, 2006

Clinton Strikes Deal for AIDS Drugs

NEW YORK - Former President announced Thursday that his foundation has negotiated agreements to lower the prices of rapid tests and anti- AIDS drugs in the developing world, potentially saving "hundreds of thousands of lives."

Under the agreement, four companies will offer the tests for 49 cents to 65 cents apiece, slicing the cost of a diagnosis in half. Four more companies will provide the antiretroviral drugs efavirenz and abacavir at prices about 30 percent less than the current market rates, Clinton said.
"Too many people die because they can't afford or don't have access to the drugs," Clinton said at his office in Harlem. "Too many people are being
infected because most of the people who have the virus today have not been tested."