By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AmextaFinanceAmextaFinance
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
AmextaFinanceAmextaFinance
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
AmextaFinance > Markets > Stocks > Aid agency urges Johnson & Johnson to improve access to tuberculosis drug
Stocks

Aid agency urges Johnson & Johnson to improve access to tuberculosis drug

News Room
Last updated: 2023/09/30 at 6:32 PM
By News Room
Share
3 Min Read
SHARE

© Reuters. FILE PHOTO:The logo of Johnson & Johnson is seen on a Brussels’ office of the company in Diegem, Belgium September 21, 2023. REUTERS/Yves Herman/File Photo

GENEVA (Reuters) -Global health aid agency Unitaid has written to Johnson & Johnson (NYSE:)’s CEO, Joaquin Duato, urging “immediate action” to expand access to the company’s tuberculosis drug bedaquiline, which is protected by patents hindering generic alternatives.

While J&J has lowered the price of bedaquiline, which is used to treat drug-resistant tuberculosis (DR-TB), Unitaid said it was an “incomplete solution” and countries like South Africa, Belarus and Ukraine were not benefiting.

“Today Johnson & Johnson continues to enforce secondary patents in many of the countries with the highest burden of DR-TB, hindering generic manufacturer competition and impeding broader access to this critical medicine,” said the letter, signed by Unitaid’s executive director Philippe Duneton.

The agency is urging J&J to remove all secondary patents and ensure that lower prices are available to all countries with high TB cases.

J&J confirmed its intent not to enforce patents for bedaquiline in a statement on Friday, assuring current and future manufacturers that it will not allege them of infringing the drug’s patents, provided the “generic versions of SIRTURO produced or supplied by generic manufacturers are of good quality, medically acceptable, and are used only in the 134 low- and middle-income countries.”

A Unitaid spokesperson said it was unusual for the agency to publish its communications with the heads of pharmaceutical companies and it had done so because of the importance of the issue.

Earlier this month there was a high-level meeting on TB at the UN General Assembly, and advocates hope for more of a focus on the disease and better access to treatments.

TB, a bacterial disease that mostly affects the lungs, is preventable and treatable, but 10 million people catch it annually. Around 1.6 million people died from TB in 2021, almost entirely in low- and middle-income countries, according to the World Health Organization (WHO).

Multi-drug-resistant TB – a form of the disease that doesn’t respond to the standard drugs – is described by WHO as a “public health crisis”, with only one in three people who needed treatment in 2021 managing to access it.

Read the full article here

News Room September 30, 2023 September 30, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Waymo Leads The 2025 Robotaxi Surge As Zoox Expands And Tesla Races To Catch Up

Watch full video on YouTube

Michael Saylor’s Strategy buys $835M in bitcoin, Nvidia earnings expectations, AI bubble concerns

Watch full video on YouTube

US inflation unexpectedly falls to 2.7%

Stay informed with free updatesSimply sign up to the US inflation myFT…

Zelenskyy to confront De Wever in stand-off over Russian assets loan

Good morning. There are only two stories in Europe today: First, will…

BP replaces CEO Murray Auchincloss after less than two years in the role

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

- Advertisement -
Ad imageAd image

You Might Also Like

Stocks

CPS reports solid 2023 performance, eyes future growth By Investing.com

By News Room
Stocks

Niu Technologies faces mixed results in Q4 2023 By Investing.com

By News Room
Stocks

Exagen Inc. reports strong 2023 revenue growth By Investing.com

By News Room
Stocks

Legacy Housing reports mixed results amid sales decline By Investing.com

By News Room
Stocks

Harmony Biosciences exec sells over $383k in stock By Investing.com

By News Room
Stocks

Biofrontera posts record revenue and outlines growth plans By Investing.com

By News Room
Stocks

Granite Ridge CFO buys $31,000 in company stock By Investing.com

By News Room
Stocks

Coliseum Capital Management buys MasterCraft Boat shares worth over $3.2m By Investing.com

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

YOUR EMAIL HAS BEEN CONFIRMED.
THANK YOU!

Welcome Back!

Sign in to your account

Lost your password?