AIDS Vaccine Hunters Seek Cash Injection

Reuters (12/10/97); Bunce, Matthew

On the sidelines of the 10th International Conference on Sexually Transmitted Diseases and AIDS in Africa, UNAIDS director  Peter Piot explained that the search for a viable HIV/AIDS  vaccine has been inhibited by concerns of lawsuits if the
vaccines do not work and by fears of poor investment returns from  developing nations. In a Reuters interview, senior World Bank economist Mead Over, however, noted that one incentive for vaccine "hunters" could be a contingent loan, whereby a country is prohibited from reneging on a deal. Meanwhile, UNAIDS released details of its three-year HIV Drug Access Initiative to provide expensive antiretroviral treatments to the developing nations of Vietnam, Chile, the Ivory Coast, and Uganda: the program depends on long-term price reductions by pharmaceutical firms for antiretroviral treatments as well as for drugs to treat other illnesses like tuberculosis, and relies upon patient adherence to the strict treatment protocols. French President Jacques Chirac and UNAIDS are also backing a proposal to introduce antiretrovirals with the help of regional and
international AIDS solidarity funds, which may be presented to the Group of Eight nations when they meet in mid-1998.

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