Tuesday 18 November 2014

South Africa plans to spend $2.2 bln on HIV drugs in next two years: minister

Anti-retroviral drugs sit on a shelf in the pharmacy at the Ubuntu clinic in Cape Town's Khayelitsha township PORT ELIZABETH South Africa (Reuters) - South Africa plans to spend $2.2 billion over two years to buy HIV/AIDS drugs for public hospitals, a government minister said on Monday, as a study shows the prevalence of the virus is rising. Speaking at a manufacturing plant of drugmaker Aspen Pharmacare, Trade and Industry Minister Rob Davies said the government aims to buy three quarters of the drugs from local manufacturers. "We are on the cusp of a very important tender worth 24 billion rand ($2. ...




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