Bloomberg Law
May 10, 2019, 2:18 PMUpdated: May 10, 2019, 6:25 PM

Gilead’s HIV Drug Donation Frees Federal Money for Testing (1)

Madison Alder
Madison Alder

Gilead Science’s donation of enough HIV prevention medication to cover 200,000 people for a maximum of 11 years frees the Trump administration to spend federal funds on more testing and education programs.

The deal is the latest effort to make good on President Donald Trump’s pledge to end the spread of HIV in the U.S. by 2030, and the administration has sought $291 million from Congress for those efforts. Those funds haven’t yet been appropriated, but Gilead’s donation, which will cost the company several million dollars each year, should stretch those federal dollars even further, Carl Schmid, co-chair of the ...

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