Merck Cuts Price of Efavirenz for Developing Countries Again

by Medindia Content Team on  February 19, 2007 at 7:00 PM Drug News   - G J E 4
Merck Cuts Price of Efavirenz for Developing Countries Again
Merck & Co has cut the price of efavirenz 600mg tablets (Stocrin) for developing countries that qualify for its access programme, the company announced yesterday.

It is the second price cut in a year, and crucially, it will make the branded version of efavirenz cheaper than a generic import in Thailand, where a compulsory license was recently issued to allow importation of efavirenz from India.

For least developed countries and medium human development index countries with an adult HIV prevalence of 1% or more, the price of Stocrin 600mg tablets is being reduced by 14.5%, to US$0.65 a day ($237.25 a year).

In medium HDI countries with an HIV prevalence of less than 1% the price of Stocrin is being reduced by 5.8%, to US$1.80 a day ($657 a year).

A company spokesman said that the company was able to cut the price as a result of identifying further manufacturing efficiencies.

The company says that as a result of its differential pricing policy around 500,000 patients in 76 developing countries were receiving Stocrin as part of their antiretroviral regimen.

Source: Bio-Bio Technology

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