State-owned pharmaceutical company on the cards

2011-07-19 10:43

The ANC is considering establishing a state-owned pharmaceutical company.

“Serious discussions started at the lekgotla on starting a state pharmaceutical company,” ANC secretary-general Gwede Mantashe told reporters at Luthuli House in central Joburg.

“It’s not just an idea ... [it has been] given back to Cabinet to say, ‘look into it’ ... there was a compelling case for it,” Mantashe said after a four-day ANC national executive committee lekgotla.

South Africa consumed 25% of antiretrovirals (ARVs) available in the world.

The lekgotla received a report on health, showing a dramatic increase in the number of people tested for HIV/Aids.

It had increased six-fold, from two million a year to 12 million a year.

There had also been a “dramatic increase” in the number of people accessing treatment.

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