Markets Nosedive

  • Most Popular
  • Most Shared

Reuters Showcase

Rauf Withdrawn

Rauf Withdrawn

Umpire Asad Rauf withdrawn from Champions Trophy.  Full Article 

London Killing

London Killing

London attackers known to British security services.  Full Article 

Sino-Pakistan Relations

Sino-Pakistan Relations

China's Li effusive in praise of Pakistan, but not everyone buys it.  Full Article | Related Story 

Anti-Hacking Move

Anti-Hacking Move

Twitter beefs up security after hacking spree on media.  Full Article 

Will Over Age

Will Over Age

Japanese octogenarian becomes oldest to reach Everest summit.  Full Article 

Afghan Conundrum

Afghan Conundrum

Karzai gives India military equipment "wish list"  Full Article 

International Booker

International Booker

Short story writer Lydia Davis wins Man Booker International fiction prize.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage 

Aurobindo uses patent pool for generic AIDS drugs

Related Topics

Students hold oil lamps beside a symbol of AIDS to mark the World AIDS Day in Chennai December 1, 2009. REUTERS/Babu/fILES

Students hold oil lamps beside a symbol of AIDS to mark the World AIDS Day in Chennai December 1, 2009.

Credit: Reuters/Babu/fILES

LONDON | Tue Oct 11, 2011 4:38pm IST

LONDON (Reuters) - Aurobindo Pharma has become the first major generic drugmaker to join a patent pool designed to make HIV/AIDS treatments more widely available to the poor, paving the way for it to sell cheap medicines in many countries.

The Medicines Patent Pool said on Tuesday the agreement would allow Aurobindo to make a range of AIDS drugs licensed to the pool by Gilead Sciences, the leading maker of HIV drugs, in July.

Aurobindo has also elected to take advantage of a key provision in the pool's licences in order to sell one drug, tenofovir, to a wide range of countries without paying royalties. These could include several middle-income countries such as Argentina, Brazil, Chile, Colombia, Malaysia, the Philippines, Ukraine and Uruguay.

Around 33 million people worldwide have the human immunodeficiency virus (HIV) that causes AIDS. Most live in Africa and Asia, where medicines have to be very cheap to allow those who need them to be able to afford them.

The Medicines Patent Pool, launched by the UNITAID health financing system that is funded by a tax on airline tickets, aims to address the problem by creating a system for patent holders to license technology to makers of cheap generics.

(Reporting by Ben Hirschler; Editing by David Holmes)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.