ViiV Healthcare
TypeJoint venture
IndustryPharmaceutical industry
Founded2009 (2009)
HeadquartersLondon, England, UK
Area served
Worldwide
Key people
Deborah Waterhouse (CEO)
ProductsPharmaceuticals
Owners
Number of employees
c.1,100 (2023)
Websiteviivhealthcare.com

ViiV Healthcare (/ˈvv/ VEEV) is a British multinational pharmaceutical company specializing in the research and development of medicines to treat and prevent HIV/AIDS, with its global headquarters in London. The company was created as a joint venture by GSK and Pfizer in November 2009, with both companies transferring their HIV assets to the new company.[1] In 2012, Shionogi joined the company. As of December 2023, 76.5% of the company is owned by GSK, 13.5% by Pfizer and 10% by Shionogi.[2] According to The Financial Times, the company’s co-ownership structure may change depending on the achievement of certain milestones.[1]

ViiV Healthcare's products have a market share of approximately 32% of the global HIV therapy market, making it the second-largest healthcare company in the sector, after Gilead Sciences.[3]

ViiV Healthcare's global headquarters are in Brentford, Greater London in the United Kingdom, and the company has sites in a number of other countries including the United States, Australia, Belgium, Canada, France, Germany, Italy, Japan, Mexico, the Netherlands, Portugal, Puerto Rico, Russia, Spain and Switzerland.[4]

Products

The company markets 17 products:[5]

Treatment access programs

ViiV Healthcare has stated that it will continue the not-for-profit pricing schemes that Pfizer and GlaxoSmithKline had been involved in prior to the setting up of the company. This program covers all low- and middle-income countries, as well as all of Sub-Saharan Africa.[7]

The company has also granted voluntary licenses to 14 generics companies to enable the low-cost manufacture and sale of generic versions of the company's products in specific countries and/or regions.[7][8]

In March 2020, ViiV Healthcare announced the initiation of a study in partnership with University of South Carolina's Ryan White Program to determine the effectiveness of ride-sharing services in improving access to care for people living with HIV.[9]

See also

References

  1. 1 2 Jacks, Andrew "GSK and Pfizer to Merge HIV Portfolios Financial Times. 16 April 2010 (subscription required)
  2. "Shionogi and ViiV Healthcare Announce New Agreement to Commercialise and Develop Integrase Inhibitor Portfolio". viivhealthcare.com. Retrieved 7 March 2014.
  3. "ViiV vows joint venture will help fight HIV". www.ft.com. Retrieved 3 November 2023.
  4. "ViiV Healthcare Company Website. About Us — Locations" Archived 9 December 2010 at the Wayback Machine Accessed 13 October 2010
  5. "Our HIV medicines". Retrieved 10 March 2022.
  6. "Generic Rescriptor Availability". Drugs.com. Retrieved 10 March 2022.
  7. 1 2 "ViiV Healthcare Company Website. We Improve Access to Our Medicines" Accessed 12 January 2014
  8. Reuters "Glaxo, Pfizer JV Opens HIV Pipeline to Generic Companies" Africa — the Good News. 19 July 2010
  9. "ViiV Healthcare initiates study with the University of South Carolina to evaluate the benefits of ride-sharing services on improving access to care for people living with HIV". Olean Times Herald. Retrieved 3 March 2020.
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