Bill Clinton, drug deal superstar
The former president has worked out a deal to lower the cost of top-of-the-line AIDS treatment to less than $1 a day in developing nations. That's 50 to 70 percent less, but some say it's still too much. Helen Palmer reports.
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LISA NAPOLI: There’s a price cut on AIDS drugs throughout the developing world, and for that you can thank Bill Clinton. His foundation has negotiated a price of less than $1 a day for the “gold standard” once-a-day AIDS pill. From the Health Desk at WGBH Helen Palmer has more.
HELEN PALMER: AIDS campaigners say President Clinton’s power and charisma make deals like this happen.
TERRY FORD: Taxi-drivers, people at all levels — Clinton is a superstar in their eyes.
Terry Ford is director of global activism for the AIDS Healthcare Foundation.
FORD: He creates these deals with drug companies that are win-wins. They need quantity orders or they can’t bring their prices down, and Clinton focuses on generating quantity orders.
Thanks to this agreement, 66 countries in the developing world are eligible to buy the drug at a price 50 to 70 percent lower than before.
Other AIDS workers say the price is still too high. Here’s Tido von Schoen-Angerer of Doctors Without Borders.
TIDO VON SCHOEN-ANGERER: It’s still much more expensive than the current first line, which costs $130 — so the prices will have to come down further.
Schoen-Angerer says this is a good step, but 10 million AIDS patients need treatment and only one and a half million actually get drugs.
In Boston, I’m Helen Palmer for Marketplace.