Guest guest Posted August 9, 2001 Report Share Posted August 9, 2001 Duty on AIDS drugs to go TIMES NEWS NETWORK By KALPANA JAIN - THURSDAY, AUGUST 09, 2001 NEW DELHI: The government has decided to remove excise and customs duty on AIDS drugs to bring down the cost of anti-retroviral therapy by 25 to 30 per cent. Currently, the entire therapy, such as the three-drug regimen of Cipla costs about Rs 2,000 a month. The recent decision is another step in ensuring that HIV-related medicines are available at an affordable cost. The decision was taken at a meeting attended by representatives from ministries of finance, commerce, industrial policy and promotion and chaired by Union minister for health and family welfare C P Thakur. It was also decided to ask the states to remove sales tax from these drugs, which could facilitate a further 8 to 10 per cent reduction in prices. A notification is expected shortly. Earlier this year, Cipla took the first major step towards increasing access to drugs when it announced its decision to reduce the price of its drugs. As a result of this decision, the cost of a three-drug regimen produced by Cipla has been reduced to almost tenth of its earlier price. The decision to remove excise and customs will bring the prices down by a further 15 per cent. For drugs that need to be imported, the price reduction will be around 30 to 35 per cent as a result of customs duty being removed. A three-drug therapy with the use of these drugs presently costs about Rs 8,000 a month. While HIV does not have any cure, the anti-viral drugs have been shown to improve the quality of a life of person living with the virus. Those with HIV can continue to live healthy lives with the support of these new medicines, which keep the viral load in the body to a minimum level. All these drugs have their limitation and can fight the infection only till a certain time. In addition, they are also known to have side-effects and need careful monitoring. But the cost of these medicines has been one of the several limiting factors in their access. Improved access to these drugs can improve voluntary testing by individuals who suspect an infection. This is important for preventing the further spread of HIV. Already, an estimated 3.8 million people in the country are living with the virus. http://timesofindia.indiatimes.com/articleshow.asp?art_id=1316462997 _______________________________________ Quote Link to comment Share on other sites More sharing options...
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