TB advocates hail price drop of key tests but say Big Pharma could do more to stop 'price gouging'

Logo CBCCBC
2023-09-19 16:37:19  • 6 mins

Every 20 seconds, someone dies of tuberculosis. But health advocates and experts are hoping that a newly announced reduction in the cost of testing for TB might change that.

On Tuesday, several TB-focused organizations announced a major victory, with multinational conglomerate Danaher reducing the cost of key tests for TB infection and resistance to a commonly used drug by 20 per cent.

This is the first time the cost of the tests has been reduced in more than 13 years, said Stijn Deborggraeve, diagnostics advisor for the Mdecins Sans Frontires Access Campaign.

According to a press release on the announcement from the Global Fund to Fight AIDS, Tuberculosis and Malaria, "five million additional tests can be procured with this lower price."

"I very much welcome Danaher's commitment, which should enable significantly expanded access to the communities most in need," said Peter Sands, executive director of the Global Fund, in the release.

"I'm very happy," said John Green, a New York Times best-selling author and viral YouTuber who has garnered a reputation as a philanthropist and TB advocate but he still sounded a cautious note.

Continue read on cbc.ca

The rollout of the new COVID-19 shots has hit a few speed bumps. Reports are emerging of insured Americans receiving bills of nearly $200 for the vaccine as...
Logo U.S. News & World ReportU.S. News & World Report
2023-09-22 18:18:18  • 1 min
Health chiefs have warned of a surge in Tuberculosis cases as progress on battling the disease stalls. Cases of TB increased by seven per cent in the first...
Logo The IndependentThe Independent
2023-09-22 13:35:21  • 1 min
Tuberculosis is on the rise in England, health chiefs have warned. Cases of the bacterial infection, spread by coughing, hit 2,408in England during the first...
Logo Daily MailDaily Mail
2023-09-22 15:55:26  • 1 min
The fourth major rollout of Covid-19 vaccines has hit speed bumps now that the federal government is no longer purchasing and distributing the shots. Most...
Logo POLITICOPOLITICO
2023-09-22 19:24:29  • 1 min
By Dennis Thompson HealthDay Reporter FRIDAY, Sept. 22, 2023 (HealthDay News) -- Americans seeking out the new COVID boosters are finding themselves held...
The federal government is restarting its mail-order Covid test program, the US Department of Health and Human Services (HHS) announced this week. The program...
Logo The IndependentThe Independent
2023-09-22 19:54:11  • 1 min
Fintel reports that on September 22, 2023, HSBC initiated coverage of Tyson Foods, Inc. - ( NYSE:TSN ) with a Reduce recommendation. Analyst Price Forecast...
Logo NasdaqNasdaq
2023-09-23 01:02:53  • 1 min
The Biden administration is providing US$600 million in funding to produce more at-home COVID-19 tests and is restarting its online ordering service that...
Logo Global NewsGlobal News
2023-09-22 00:23:47  • 1 min
October Nymex natural gas ( NGV23 ) on Friday closed +0.027 (+1.03%). Nat-gas prices Friday posted moderate gains, garnering carryover support from a rally...
Logo NasdaqNasdaq
2023-09-22 19:32:43  • 1 min
Health care stocks were mixed Friday afternoon, with the NYSE Health Care Index up 0.2% and the Health Care Select Sector SPDR Fund (XLV) down 0.1%. The...
Logo NasdaqNasdaq
2023-09-22 17:51:09  • 1 min
Health care stocks were slightly higher late Friday afternoon with the NYSE Health Care Index up 0.1% and the Health Care Select Sector SPDR Fund (XLV)...
Logo NasdaqNasdaq
2023-09-22 19:48:37  • 1 min
The updated shot is here. But pharmacies are rescheduling appointments, and some people are being told their insurance will not cover it. Vero Lopez was...
Logo The New York TimesThe New York Times
2023-09-22 17:49:31  • 1 min
As the Benzinga Cannabis Capital Conference gears up for Chicago on Sept. 27-28, gathering top CEOs, investors and leaders in the cannabis industry, lets...
Logo BenzingaBenzinga
2023-09-22 20:27:13  • 1 min
Women's health: 'I was crying out for help for my chronic UTI' Women's health: 'I was crying out for help for my chronic UTI'Close Angela Dullaghan and...
Logo BBCBBC
2023-09-22 21:54:44  • 1 min
Fintel reports that on September 22, 2023, HC Wainwright & Co. maintained coverage of Travere Therapeutics ( NASDAQ:TVTX ) with a Buy recommendation....
Logo NasdaqNasdaq
2023-09-22 17:34:05  • 1 min
The federal government is once again distributing free COVID-19 tests from its stockpile, opening access for Americans to order four more kits at no cost....
Logo NasdaqNasdaq
2023-09-22 11:00:50  • 1 min
MILWAUKEE (AP) Some people seeking the newest COVID-19 vaccine are running into high demand, insurance headaches and supply delays coast to coast. Millions...
Logo U.S. News & World ReportU.S. News & World Report
2023-09-21 20:06:32  • 1 min
Fintel reports that on September 22, 2023, HC Wainwright & Co. reiterated coverage of Entrada Therapeutics ( NASDAQ:TRDA ) with a Buy recommendation....
Logo NasdaqNasdaq
2023-09-22 21:11:45  • 1 min
What happened It's been a tough week for Deere (NYSE: DE) shareholders, with the stock tumbling following a series of downgrades. On Friday, a different...
Logo NasdaqNasdaq
2023-09-22 17:04:09  • 1 min
By Dharshini David Chief economics correspondent, BBC News The recent cost of living crisis has led to painful choices for many households facing soaring...
Logo BBCBBC
2023-09-22 23:37:52  • 1 min