Deal for AIDS Drugs Reportedly in Works
From Times Wire Reports
The government of Ivory Coast said it had struck a deal with leading pharmaceutical companies to slash the price of AIDS treatment.
An official said Merck & Co., Glaxo-SmithKline and Bristol-Myers Squibb Co. had agreed to cut the price of antiretroviral drugs by 80% to 90%. The move comes as the pharmaceutical industry is embroiled in a fierce legal battle with the government of South Africa over access to cheap drugs.
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