We've got news for you.

Register on Sunday Times at no cost to receive newsletters, read exclusive articles & more.
Register now

Adcock Ingram feels pain on slack govt demand for ARVs


Adcock Ingram feels pain on slack govt demand for ARVs

The antiretroviral tender kicked in on July 1, but orders have been slow from provincial health departments

Tamar Kahn

Slower than expected government orders for Aids drugs and unreliable water supplies have knocked production at pharmaceutical manufacturer Adcock Ingram’s SA factories.

The SA pharmaceutical manufacturing sector is grappling with the negative effects on margins of the weak economy, low consumer demand, above-inflation increases in wage and utility costs, and strict government price controls that limit the scope for increasing medicine prices.

JSE-listed Adcock Ingram (https://www.sharenet.co.za/v3/quickshare.php?scode=AIP) is a subsidiary of the Bidvest (https://www.sharenet.co.za/v3/quickshare.php?scode=BVT) group. It has three SA manufacturing facilities and a factory in Bangalore...

This article is reserved for Sunday Times Daily subscribers.
A subscription gives you full digital access to all Sunday Times Daily content.

Sunday Times Daily

Already subscribed? Simply sign in below.

Questions or problems?
Email helpdesk@timeslive.co.za or call 0860 52 52 00.

You have reached the end of the Edition.

Previous Article

City Lodge hopes for some relief from Mboweni’s speech

By Karl Gernetzky and Alistair Anderson
1 min read