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Aiken Standard in Aiken, South Carolina

23 May 2004

Page 15

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Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

May 23, 2004

Page

15

Abbott Norvir price hike sparks march in rights debate

Abbott Laboratories quadrupled Norvir prices prompting talk of government march in licensing for federally funded drugs. NIH funding and Bayh-Dole rules are under scrutiny as lawmakers and activists warn of higher costs and reduced access.

MENTIONED IN THIS ARTICLE

New York Abbott Laboratories Norvir Abbott James Love Essential Inventions Inc Department of Health and Human Services Congress Essential Inventions Washington National Institutes of Health Joseph Allen National Technology Transfer Center NIH Sherrod Brown Ohio Fortune Magazine Norvic Bayh-Dole March John Leonard Global Pharmaceutical Development Leonard
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NIH funds drive drug research and price debates rise

The NIH allocates about 80 percent of its fiscal 2004 budget to nonprofits and drug firms for medical research. Experts argue government basic research sparks ideas and guides science, while drug companies push for efficiency and lower prices. Abbott faces investigations over Norvir price hikes tied to Kaletra competitiveness.

MENTIONED IN THIS ARTICLE

National Institute of Health Erickson Sequoia Pharmaceutical
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John Erickson Abbot Laboratories Chicago Illinois Charles E. Schumer D-N.y John McCain R-Ariz Ernest F Hollings D-S.c Federal Trade Commission Silver Blull Rd Aiken, SC National Institute of Health al Aiken ‘S Nokia Motorola Freedom Alitel.com Alltel Retail Aiken N. Augusta Knox Plaza Knox Ave Augusta Augusta West Washington Crossing Washington Rd Fort Gordon Wal*mart Wrightsboro Alltel Aiken Mall Silver Bluff Cellular All About Cellular Robert C Daniel Pliwy Waartt We Uw Ween “Tel. Ltd Turor Agmt Add U.S Windsor Spring Rd Gordon Hwy Kmart Mobile Gateway Pagelink Wireless Wrightsboro Rd Spectrum Wireless Walton Way Sam's Club Ryan New Alltel Dodge 8S Solutions R- 106
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