Colombia Fears U.S. May Reject Peace Plan To Protect Pharma Profits

WASHINGTON -- The Colombian Embassy is concerned that lowering the price of a major cancer drug may jeopardize American funding for peace talks in the South American nation, according to a leaked embassy memo.

In February, President Barack Obama committed $450 million to aid peace talks between the Colombian government and the Revolutionary Armed Forces of Colombia, a Marxist rebel group known as FARC. The money would help the Colombian government fight the illegal drug trade and retrain FARC members.