Minutes - TRIPS Council - View details of the intervention/statement

Mr. Martin Glass (Hong Kong, China)
F FOLLOW-UP TO THE REVIEW UNDER PARAGRAPH 8 OF THE DECISION ON THE IMPLEMENTATION OF PARAGRAPH 6 OF THE DOHA DECLARATION ON THE TRIPS AGREEMENT AND PUBLIC HEALTH
179. In support of the delegation of India, the representative of Brazil provided an example to illustrate the impact of patent rights on prices. In Brazil, Abacavir was an important medicine to treat HIV/AIDS patients. In 2007, the drug had cost US$2.1 per dose. When the patent had expired in 2008, the cost of the drug had fallen to US$0.88, i.e. a reduction of almost 60 per cent.
IP/C/M/65