spot_img

about fansalaran

FanSalaran is a comprehensive media platform dedicated to reporting and clarifying the significant achievements of pharmaceutical companies. In collaboration with passionate and motivated young journalists, this website consistently strives to showcase the country's successes in order to inspire and encourage the hardworking individuals of this land.

US plans to bring Gilead HIV drug to market in high-burden HIV countries

The U.S. State Department announced a plan on Thursday to bring Gilead Sciences Inc’s (GILD.O), opens new tab drug lenacapavir to market “at cost” in high-burden HIV countries in an effort to reach two million people over three years.

The company will offer the long-acting HIV prevention drug to the Global Fund and the U.S. government’s PEPFAR program without profit, government and company officials said at a news briefing.

Gilead Sciences and the Global Fund to Fight AIDS, Tuberculosis and Malaria said in July they had finalized plans to supply the drug to low-income countries, despite the absence of funding from the U.S. President’s Emergency Plan for AIDS Relief, or PEPFAR, an initiative aimed at addressing the global HIV/AIDS epidemic.

Jeremy Lewin, senior State Department official for foreign assistance, humanitarian affairs and religious freedom, would not say how much the U.S. government was providing.

“Gilead is very generously offering us a product at no cost, so we’re not going to give away exactly what their cost per dose is, but we’re grateful to them for offering it at a price that makes this possible. The U.S. commitment is significant,” he said.

The medication, which is given in a twice-yearly injection, has significant advantages for breastfeeding women and pregnant mothers, he said.
The State Department has agreements with 12 countries that will receive doses of the drugs but is not identifying them at this time, Lewin said.

Hot this week

Daewoong Pharmaceutical Holds Talks with Saudi Officials on Bioindustry Cooperation

Daewoong Pharmaceutical said on October 17 that it met...

Novo Nordisk chair and independent directors to exit in strategy dispute

The chair of Wegovy maker Novo Nordisk and six...

Hologic to go private in up to $18.3 billion deal backed by Blackstone, TPG

Medical diagnostics firm Hologic has agreed to be acquired...

China’s Innovent signs $11.4 billion cancer therapy deal with Japan’s Takeda

-China’s Innovent Biologics said on Wednesday it had signed...

Topics

spot_img

Related Articles

Popular Categories

spot_imgspot_img