Registered users can save articles to their personal articles list. Login here or sign up here

Cipla Medpro wins R2 billion order

To supply SA HIV drug contract.

Cipla Medpro South Africa Ltd., the country’s third-biggest drugmaker, won a R2 billion order to supply antiretroviral drugs for the next three years to the government’s anti-AIDS programme.

The medication to combat HIV will be made at a plant in Kwazulu-Natal province under a contract that starts on April 1, Cape Town-based Cipla Medpro said on Tuesday in a statement. The order is the third that the drugmaker has won from South Africa’s government this year, it said.

The company is a pioneer of fixed-dose combinations, and intends to “build on the foundation laid to continue our quest of providing affordable health care to all,” Cipla Medpro Chief Executive Officer Paul Miller said in the statement.

South Africa has the world’s biggest antiretroviral treatment program, offering medication to more than 2.2 million people. Use of the regimen has almost doubled since 2008 to cover about one-third of the 6.4 million people in the country who are infected with HIV, according to the Human Sciences Research Council. The government has a target of halving the number of new infections by 2016.

Cipla Medpro has been a unit of Mumbai-based Cipla Ltd. since the Indian partner acquired it for about $4.5 billion in 2013.

©2014 Bloomberg News

COMMENTS   0

Comments on this article are closed.

LATEST CURRENCIES  

USD / ZAR
GBP / ZAR
EUR / ZAR

Podcasts

GO TO SHOP CART

Follow us:

Search Articles:Advanced Search
Click a Company:
server: 172.17.0.2