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Eight pharmaceutical companies have agreed to reduce the cost of their
HIV/Aids drugs and diagnosis test packs in 50 developing countries
after the intervention of former US president Bill Clinton. The
companies are relatively small, compared with the large multinationals
that have already announced similar low-cost drug offers. Four of them
– Chembio (US), Orgenics (Israel), Qualpro Diagnostics (India), and
Shanghai Kehua (China) – will halve the cost of their HIV diagnosis
tests. The other four – Cipla, Ranbaxy, Strides Arcolab (all India) and
Aspen Pharmacare (South Africa) – will offer their anti-retroviral
drugs at 30 per cent below the market rate. The deal was struck through
the Clinton Foundation (EP7, issue 6, p8).
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