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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Izzy who wrote (3455)	12/30/1997 12:05:00 PM
From: Oliver & Co	of 6136

"Clinton to Seek More Money to Help Pay for AIDS Drugs" New York Times (12/30/97) P. A14; Pear, Robert ÿÿÿÿ White House officials announced that President Clinton has decided to seek significant increase in federal spending for HIV treatments, including a 35 percent increase in spending for AIDS drug-assistance programs. Officials report that Clinton will ask for at least $385 million for such programs in the next fiscal year, up from $285 million this year and $167 in 1996. According to federal health officials, the decision reflects the administration's recent willingness to address the concerns of advocacy groups that focus on AIDS and gay rights. Although the additional money is greatly needed, Daniel Zingale, the executive director of advocacy group AIDS Actio, noted: "The AIDS drug-assistance program is not a long-term solution and is not a substitute for changes in Medicaid eligibility. It provides the drugs, but not the basic health care and services that must accompany the drugs to make them effective."

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