Gates Foundation Partners with Indian Drugmakers to Speed Rollout of $40 HIV Shot
In a significant breakthrough, the Bill and Melinda Gates Foundation has partnered with Indian pharmaceutical companies Hetero Labs Ltd. and Dr. Reddy's Laboratories Ltd. to accelerate the production and distribution of lenacapavir, an injectable HIV prevention medication priced at around $40 per patient per year.
The partnership aims to make the twice-yearly injection, which has been hailed as one of the most promising HIV prevention tools in decades, more widely available to millions of people worldwide. According to estimates, Gilead Sciences Inc.'s branded version, Yeztugo, costs over $28,000 annually in the United States.
"We are thrilled to partner with Hetero Labs and Dr. Reddy's Laboratories to bring this life-saving medication to those who need it most," said a spokesperson for the Gates Foundation. "Our goal is to make HIV prevention accessible and affordable for all, regardless of income or geographical location."
Lenacapavir has shown remarkable efficacy in clinical trials, with a 73% reduction in HIV infections among participants. The medication works by blocking the virus's entry into host cells, providing long-term protection against infection.
The partnership between the Gates Foundation and Indian drugmakers is part of a broader effort to address the global HIV epidemic, which affects over 38 million people worldwide. According to UNAIDS estimates, new HIV infections have declined by 52% since 2001, but progress has slowed in recent years.
"This collaboration is a testament to the power of public-private partnerships in addressing global health challenges," said Dr. Soumya Swaminathan, Chief Scientist at the World Health Organization (WHO). "We welcome this initiative and look forward to seeing its impact on HIV prevention efforts worldwide."
The Indian government has also expressed support for the partnership, with officials citing the country's expertise in generic medicine production as a key factor in making lenacapavir more accessible.
"Hetero Labs is proud to be part of this historic collaboration," said B. Srinivas Reddy, Managing Director of Hetero Labs Ltd. "We believe that our partnership will not only save lives but also contribute to the global fight against HIV/AIDS."
As production and distribution of lenacapavir ramp up, health experts are optimistic about the potential impact on HIV prevention efforts.
"This is a game-changer for HIV prevention," said Dr. Chris Beyrer, Director of the Johns Hopkins Center for Public Health and Human Rights. "With this medication, we can reach more people, more quickly, and at a lower cost. It's a win-win situation for everyone involved."
The partnership between the Gates Foundation and Indian drugmakers is expected to accelerate the rollout of lenacapavir in several countries, including India, South Africa, and Brazil.
As the global HIV community awaits further developments, one thing is clear: this collaboration has the potential to make a significant difference in the lives of millions of people worldwide.
*Reporting by Fortune.*