User Login Signup Now
Username :
Password    :
Forgot Password?

Indian firm sues South Africa after losing AIDS drug contract

Johannesburg, June 29

An Indian manufacturer of drugs to treat HIV/AIDS is suing the South African government after failing to clinch a $400-million tender, South African media reported Monday.

Aurobindo, one of the world's biggest producers of generic life-prolonging antiretroviral treatment (ARV), says its tender was, on average, 30 percent cheaper than locally-manufactured products, Business Day newspaper reported.

Over half the contract for the national supply of ARVs went to two local pharmaceutical companies, Aspen and Adcock Ingram, also manufacturers of generics. The rest went to patent holders.

South Africa, which has over five million HIV-positive people, the largest number in the world, has a policy of giving preference to local companies in tenders for the supply of ARVs.

Last updated on Jun 29th, 2009 at 13:55 pm IST--DPA


Possibly related news:
Enter Your Name and Email below and Post your comment
NameEmail:
Comment:
News Search

Other News Headlines

CII business delegation in US as part of PM's visit
New Delhi, Nov 21

Coinciding with Prime Minister Manmohan Singh's state visit to Washington, a high-level business delegation of the Confederation of Indian Industry (CII) is in the US to push economic ties between the two countries.

Carbon dioxide emissions up by 29 percent: Report
London, Nov 21

Carbon dioxide emissions are up by 29 percent since 2000, far beyond the capacity of the global "sinks" to absorb such volumes, says a report.

Top Indian hospitals woo medical tourism from Canada (With Image)
Toronto, Nov 21

India has launched a big initiative to woo medical tourism from Canada, showcasing the country's high-end and much cheaper healthcare industry to Canadians.

Sikh man could become first non-white member of British far-right group
London, Nov 21

An elderly Sikh man's closeness to the British National Party (BNP) has set off furious speculation that he may become the first non-white member of the far-right group if and when it drops its whites-only criteria.

Heidi Klum back on runway
New York, Nov 21

German supermodel Heidi Klum has returned to the runway just five weeks after giving birth to her fourth child.

Recently Commented Articles

Sun TV Network to launch new game show
I am very interested to participate in deala no deala game show in sun tv. pls send me the...
SHANKAR CD on 21/11/09 at 12:24 pm

'Xtrme City' about Mumbai mafia, families, romance: Paul Schrader (Interview)
this is very good. i like this
sanin on 21/11/09 at 11:49 am

China overtaking India in English usage: study
there is also another, brighter side of Indian education. we have state of the art universities and...
Vishakha on 21/11/09 at 11:15 am

One-rank-one-pension demand accepted: Antony
R/Sir Pl.give me right information about one rank one pension. With regards,
R K Malik Sgt on 21/11/09 at 07:29 am

Shiv Sainiks attack TV channel offices in Mumbai, Pune; 4 staffers injured (Second Lead)
Aren't shiv sena guys hindus. Aren't they the ones who worship cows and animals and mutated...
indian on 21/11/09 at 05:48 am

Latest Forum Topics

2012: End!! why ?
No offense man, but I think this is bull shit. Some guy somewhere trying to fool everyone. Anyone...
20/11/09 at 03:40 pm< | 2 Comment(s)

Answer sheet...the Ultimate ones
kuttikal thanne thaaram.......!
20/11/09 at 12:12 pm< | 2 Comment(s)

oyjo board
[quote=unnikrisb;3771]Why it is necessary to talk with ancestors ? ...[/quote] [FONT=Lucida Sans...
20/11/09 at 12:07 pm< | 6 Comment(s)

Appeal
Well said...
20/11/09 at 11:26 am< | 2 Comment(s)

People with weak heart don't see..plzzzzz!!!
...
20/11/09 at 11:25 am< | 2 Comment(s)

Sixth Lord
this is too good..man............ :D
20/11/09 at 11:11 am< | 3 Comment(s)

God & I
[FONT="Arial"]I asked for Strength......... And God gave me Difficulties to make me strong. I...
20/11/09 at 09:12 am< | 2 Comment(s)

APTITUDE
[QUOTE=Rajesh Kumar;1920]m1*ti=m2*t2 30*9=40*t2 t2=270/40=71/2 ANS :...
20/11/09 at 09:10 am< | 98 Comment(s)