Clinton Brokers AIDS Drug Deal

(AP)  Former President Bill Clinton has secured a deal with four generic-drug companies to provide low-cost AIDS drugs in the developing world, an aide to the former president said Thursday.

The agreement, which was to be announced at a news conference later Thursday, will cut the price of a triple-drug regimen to about 38 cents a day.

The deal, brokered by the William J. Clinton Presidential Foundation, was reported Thursday in The Wall Street Journal and confirmed by the Clinton aide, who spoke on the condition of anonymity.

The companies involved three Indian companies and one South African firm opened their books to a group of Clinton advisers, who then worked with the companies to cut costs.

Patented versions of the regimen run at least $1.54 per day. Where available, the discounted generic regimen costs 55 cents per day.

The foundation also helped several Caribbean and African nations prepare detailed plans for introducing the drugs. The plans are intended to make the drugs more readily available throughout each nation.

To pay for the drugs, and for improvements in the countries' health systems, Clinton has secured partial funding by lobbying wealthy nations including Ireland and Canada. Ireland has committed $58.3 million over five years, mainly to Mozambique.

"Usually I just call the prime minister or the president," Clinton told the Journal, "and tell them what we're doing and ask them to have somebody look at it. And I always tell them that even though we're friends they don't have to do this for me -- don't do it unless they think it's a good thing."

Clinton's foundation has been working with the governments of Rwanda, Mozambique, Tanzania and several Caribbean nations to fund AIDS treatment.

The three African nations have each secured additional funds from other sources including the World Bank and the Global Fund to Fight AIDS, Tuberculosis and Malaria.


By Karen Matthews