South Africa to Make Active ARV Ingredients

S.Africa, Swiss firm Lonza in $211 mln drug JV

South Africa will establish its first pharmaceutical plant to manufacture the main chemicals used in HIV drugs in an effort to lower the prices of antiretroviral (ARV) drugs, Reuters reports. The $211 million joint venture with Swiss chemical and biotechnology company Lonza Group will enable the country to produce Active Pharmaceutical Ingredients (API), components that account for about 75 percent of the finished drug dosage. The plant is a step toward producing ARVs in the country by 2016 to support the nearly 5.7 million people with HIV in South Africa.

As seen on POZ.com.  To read the Reuters article, click here.