A boycott of Abbott Laboratories by the Center for AIDS Information & Advocacy, a local HIV/AIDS organization, that began two years ago is being lifted. According to the press release:
In a letter addressed to Abbott, Gegeny states that his organization is lifting its two-year boycott of the pharmaceutical company in light of recent good-faith efforts by the company toward the HIV/AIDS community including:
• The prompt donation of needed monies and pharmaceutical products to victims of hurricanes Katrina and Rita, as well as relief organizations in the affected areas.
• A 2005 price increase for Abbott‘s Kaletra (lopinavir/ritonavir) of just over 10%, which now corresponds to a new formulation of Kaletra tablets. Gegeny explains that this is reasonable given the company‘s investment to develop the improved formulation that no longer requires refrigeration.
• A price-freeze for Kaletra negotiated with state AIDS Drug Assistance Programs (ADAPs) through 2007.
• A partnership with Baylor College of Medicine in Houston to create an international network of centers treating children with HIV.