[Marxism] score one for the ivory drug tower
schaffer at optonline.net
Wed Aug 11 15:00:42 MDT 2004
Nature 430, 715 (12 August 2004); doi:10.1038/430715b
Petition fails to reverse massive price rise for AIDS drug
National Institutes of Health refuses to take action over treatment costs
[WASHINGTON] The US National Institutes of Health (NIH) has declined to
impose a price cut on a key AIDS medicine.
The refusal to accede to complaints about drug costs, made after drug
firm Abbott Laboratories hiked the price of one of its AIDS medications
by more than 400%, won praise from research universities.
"Pharmaceutical pricing is an issue, but marching in on a company's
patent is not the appropriate way to deal with it," says Patrick White,
director of federal relations at the Association of American
Universities in Washington. The association feared that NIH intervention
would deter companies from commercializing scientific findings.
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