Abbott Laboratories halts new drugs to Thailand

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Abbott Laboratories halts new drugs to Thailand

They’ll be in negotiations later this week, but until then, Abbott Laboratories has pledged not to launch new medicinces in Thailand.

This after Thailand’s Ministry of Public Health issued a compulsory license last month which, in essence, voids Abbott’s patent on its HIV antiviral Kaletra.

The compulsory license allows Thai industry to produce a lower-cost alternative to Kaletra. Thailand is framing this as a response to a “national emergency”: nearly 600,000 Thais live with HIV, and the government funds medical treatment. A generic Kaletra would cost about $120 per month per patient, versus $347 for Kaletra.

Thailand has similarly suspended the patent on Plavix, Sanofi-Aventis’ blood thinner.

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