News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 17 years ago
Rediff.com  » Business » UN pats Indian pharma cos' HIV initiative

UN pats Indian pharma cos' HIV initiative

By Dharam Shourie in United Nations
July 25, 2006 14:21 IST
Get Rediff News in your Inbox:

India's Ranbaxy Laboratories and Aurobinda Pharma were among some of the world's leading pharmaceutical and diagnostic companies applauded by UN Secretary General Kofi Annan for their commitment to expand access to HIV/AIDS treatment and prevention.

Annan complimented these companies for their efforts in the field of HIV/AIDS treatment and prevention after a meeting with their top executives at United Nations Headquarters on Monday.

Beside Ranbaxy and Aurobinda Pharma, the participating companies included Aspen Pharmacare, Becton Dickinson, Bristol-Myers Squibb, GlaxoSmithKline, Hetero Drugs, Johnson & Johnson and Merck & Company.

"I am pleased that the companies I met today pledged to continue their efforts, in line with international commitments towards the goal of being as close as possible to universal access by 2010," Annan said.

Despite the significant advances in the five years since he first met with pharmaceutical company executives, Annan said the AIDS epidemic is "still outpacing our efforts and we need to work together in a broad partnership to step up the response."

In that light, he said the companies have committed individually to continue to review their product offerings and the prices of their existing and new HIV medications and diagnostics, especially for children, to make them more affordable, accessible and appropriate for use in low-and middle-income countries.

Do you want to discuss stock tips? Do you know a hot one? Join the Stock Market Investments Discussion Group

Get Rediff News in your Inbox:
Dharam Shourie in United Nations
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!