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Brazil Gets Record Discount on Bristol Anti-HIV Drug

Law360 (November 14, 2003, 12:00 AM EST) -- Brazil's health ministry said Friday it had negotiated a record 76% discount for Bristol-Myers Squibb's new anti-AIDS drug Atazanavir without threatening to strip the drug's patent, according to the Associated Press.

Under the deal, Brazil will purchase each capsule of Atazanavir for $3.25 well below the manufacturer's price of $13.80, the AP reported.

Brazil provides a cocktail of anti-AIDS medicines free of charge to anyone who needs them. The country makes its own generic versions of many drugs, ignoring patents issued before 1997 when the country...
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