Zimbabwe Slashes AIDS drug prices

Harare- Zimbabwe (PANA) -- Two international drug manufacturers have slashed the prices of AIDS medicines for Zimbabwe, pharmaceutical officials said Thursday.
Ken Ralston, chairman of a national drug importing agency, said Abbott and Bristle Myers-Squibbs had reduced their prices for AIDS drugs to importers in Zimbabwe, where it is estimated one in every four adults suffers from the disease.
He would not, however, say by how much the prices had been reduced, but said this was with immediate effect.
"One distributor has already been notified of the price reductions on their products and has lowered their price accordingly," said Ralston.
Zimbabwe, where an estimated 5,000 people die of AIDS every week, has joined other developing countries in demanding a price cut for AIDS drugs on humanitarian grounds from international pharmaceutical companies.

31 may 2001 11:35:00




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