[Ip-health] ADVISORY: Senate Hearing on Ending HIV/AIDS Drug Monopolies

Jamie Love james.love at keionline.org
Mon May 14 09:49:27 PDT 2012

---------- Forwarded message ----------
From: Behan, Michael (Sanders)
Date: Mon, May 14, 2012 at 12:41 PM
Subject: ADVISORY: Senate Hearing on Ending HIV/AIDS Drug Monopolies

Senate Hearing on Ending HIV/AIDS Drug Monopolies

WASHINGTON, May 14 – Sen. Bernie Sanders (I-Vt.), chairman of the
Senate Subcommittee on Primary Health and Aging, will hold a hearing
Tuesday on the high costs of HIV/AIDS medicines and his legislation
proposing a new model that would reward innovation through a prize
system, rather than government-granted monopolies.

Sanders’ legislation, S. 1138, would eliminate legal barriers to
generic competition for HIV/AIDS drugs and reward innovation directly,
through a $3 billion a year prize fund. It would unleash unprecedented
advances in medical innovation in decades to come by also requiring
that at least 5 percent of the prize money go to any individual,
business or nonprofit organization that openly shared information,
data, materials or technology that contributed in a positive way to
the development of new drugs.

What: Hearing of the Senate Subcommittee on Primary Health and Aging
to discuss the cost of HIV/AIDS medicines and a new model for
rewarding medical innovation.

When: 10 a.m. Tuesday May 15, 2012

Where: SD-430 Dirksen Senate Office Building

Expert witnesses will include:

Joseph Stiglitz, Columbia University professor and winner of the Nobel
Prize in Economics; former chairman of the Council of Economic
Advisors and a chief economist for the World Bank; New York, N.Y.

Lawrence Lessig, Harvard Law School professor; founder of Creative
Commons and the Stanford Center for Internet and Society; Cambridge,

James Love, director of Knowledge Ecology International; co-chair of
Trans-Atlantic Consumer Dialogue Intellectual Property Policy
Committee; Washington, D.C.

Dr. Mohammed Akhter, director of the Washington, D.C. Department of
Health; executive director of the American Public Health Association
from 1997-2002, Washington, D.C.

Frank Oldham, Jr., president and CEO, National Association of People
With AIDS, Washington, D.C.

Suerie Moon,  research director and co-chair of the Forum on Global
Governance for Health, Harvard Global Health Institute and Harvard
School of Public Health; Cambridge, Mass.

Contact: Michael Briggs (202) 224-5141


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