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The Catalyst Behind Cipla's Offer of Cheap AIDS Drugs: Potent Mix of Motives

Number 17444
Subject AIDS
Source Wall Street Journal (New York)
State NY
Year 2001
Publication Date March 6, 2001
Summary "Yusuf K. Hamied is a man with impressive humanitarian credentials. His pharmaceuticals company, Cipla Ltd. runs a free cancer-free hospital in India. And yet, even Dr. Hamied's friends say it wasn't simply compassion that drove the generic-drug pioneer to make his attention-grabbing offer last month to sell AIDS drugs at deep discounts.... One friend...says Dr. Hamied's offer was 'very much a business deal' designed to build Cipla's brand name outside India."
Category General
Pages 5
Keywords AIDS;Generic drugs;Pharmaceuticals
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