When Gilead Sciences ($GILD) struck its hepatitis C
supply deal with Indian generics makers, the terms were tight, with
provisions designed to keep the knockoff pills in countries where Gilead
allows cut-rate pricing. Some state health systems overseas require
patients to show IDs to get their meds and present empty pill bottles
And this is why.
As Bloomberg reports, everyone from individual patients on up to pharmacy benefits managers has been scheming about how to get Gilead's Harvoni and Sovaldi at the lower prices available in other countries--as low as 1% of the U.S. sticker price, the news service notes.
Labels: cheap generics, drug tourism