Merck, Bristol-Myers Squibb Announce Major Price Reductions for Poorest Countries: Major Access Progress but Questions Remain

Author: John S. James, AIDS Treatment News, Published on: 28 February 2001

...Merck...announced it would sell some poor countries for $600 per patient per year...Merck claims that it will not make a profit...Bristol-Myers Squibb Company announced that it was making its drugs ddI and d4T available "in every country in Africa" at...[prices that] it said [are] below its cost...While we do not contest the companies' statements that they will not profit...we do note that any such calculation is based on many accounting choices, which are not public. [also refers to Cipla, Hetero Drugs]

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Related companies: Bristol-Myers Squibb Cipla Hetero Merck