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Article: U.S.'s Largest AIDS Organization Denounces Glaxo/BMS merger; AIDS Healthcare Foundation Urges Regulators and Investors To Oppose 'Disaster For People With AIDS'.
- Article from:
- PR Newswire
- Article date:
- May 31, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LOS ANGELES -- AIDS Healthcare Foundation today called the anticipated merger of British pharmaceutical giant Glaxo Smithkline with Bristol Myers Squibb "a certain disaster for people with AIDS throughout the world" and called on American and European authorities to block the marriage.
"In contrast to the significant investment Bristol has made in solving the global AIDS crisis, Glaxo has no dedicated AIDS fund and refuses to make its drugs affordable or accessible," said Michael Weinstein, President of AIDS Healthcare Foundation. "Every day 8,500 AIDS deaths cry out for Glaxo to reverse their backward policies. We don't want to see BMS' AIDS fund dismantled by ...