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Author:O'Reilly, B.
Title:The inside story of the AIDS drug
Journal:Fortune
1990 : NOV 5, VOL.122:12, p.76-78,80,82-84
Index terms:PHARMACEUTICAL INDUSTRY
COSTS
MEDICAL RESEARCH
Language:eng
Abstract:Review of Burroughs Wellcome development of AZT to combat AIDS. Government approval and price. US reaction to the price. Wellcome Trust. Research costs. Controversy over charge for the drug. Definition of the AIDS virus. Retroviruses. Use of AZT and improvements. Power of gay activist groups. Risks and costs. Putting a price on AZT. Burroughs's image problems. Price cuts. Graphs cover AZT sales, and stock price. Earnings multiple is also given.
SCIMA record nr: 84376
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