Pharmaceuticals Selling for 99% More in America than other Countries!!
Sofosbuvir, the wonder medicine for Hepatitis C that costs $84,000 or Rs 50.4 lakh for a 24-week treatment regimen in the US, will soon be available in India for about $1,800 or roughly Rs 1.1 lakh for the same regimen. The patent holder, pharma major Gilead, announced on Monday that it would be selling the drug at this price in India and also giving voluntary licences to seven Indian pharma companies to produce it.
The voluntary licencing deal promises to make the drug cheap in India as well as up to 91 countries where the Indian firms are allowed to sell it. But this has come at the cost of these Indian companies agreeing to abandon India’s partners in its fight against Big Pharma for access to inexpensive medicines — Brazil, Russia, China, Thailand and many other middle-income countries. The Indian manufacturers will not be allowed to sell sofosbuvir in these countries.
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