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Today's Paper | September 18, 2024

Updated 24 Jul, 2024 09:58am

New ‘vaccine-like’ HIV drug could cost just $40

PARIS: A new “vaccine-like” HIV drug that currently costs over $40,000 per person a year could be made for as little as $40, researchers estimated on Tuesday.

The antiretroviral drug Lenacapavir, developed by US pharmaceutical giant Gilead, has been hailed as a potential game-changer in the fight against HIV.

Early trials have found the treatment is 100 per cent effective in preventing HIV infection. And it only needs to be injected twice a year, making the drug far easier to administer than current regimens requiring daily pills.

“It’s like having a vaccine basically,” Andrew Hill, a researcher at the UK’s Liverpool University, said.

The treatment currently costs patients over $40,000 a year in a range of countries, including the United States, France, Norway and Australia.

New research, which Hill presented at the International Aids Conference in Munich on Tuesday, looked into how much the cost of making the drug could come down if Gilead allowed for cheaper generic versions to be manufactured.

A year’s worth of the drug could be made for as little as $40 — 1,000 times less than the current price — according to the research, which has not been peer-reviewed.

Published in Dawn, July 24th, 2024

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