Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search


Brazilian Government Disposes On AIDS-Patent

Brazilian Government Disposes On AIDS-Patent

By Marietta Gross – Scoop Media Auckland

The Brazilian Government ( is about to decide if it will break a patent of a leading drug, Kaletra, that fights against HIV. Brazil’s Health Ministry has issued an ultimatum against Abbot Laboratories ( ) that it must lower its prices or the government will give permission to begin manufacturing a generic cheaper version of the drug. Brazil’s stance is being watched closely by developing countries.

Kaletra is one of the most common drugs used against retroviruses, which are highly important in the treatment of HIV.

To date, Brazilian has purchased the drug from Abbot Laboratories and provided Kaletra to the country’s HIV patients for free.

Two weeks ago the Health Ministry said the price for the drug was too high.

It insisted that if the producer refused to lower the price, then Brazil would produce generic versions of Kaletra in a national laboratory. Brazil assumes the move would be in accordance with World Trade Organization rules(

On Thursday negotiations between Brazil and Abbot Laboratories occurred, shortly after Abbott Laboratories presented an alternative plan which is currently being analyzed by the Brazilian Government.

If Brazil breaks the patent, it will save $50 million U.S. dollars per year.

According to Abbott Laboratories, it will offer Brazil the best price offer of a country outside of Africa.


© Scoop Media

Business Headlines | Sci-Tech Headlines


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news