• About us
  • Contact us
  • Our team
  • Terms of Service
Thursday, December 18, 2025
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Cipla, Unitaid ink pact to cut price of HIV drug

Press Trust of india by Press Trust of india
June 9, 2018
in BUSINESS
A A
0
FacebookTwitterWhatsapp

Geneva/New Delhi, Jun 8: Drug major Cipla and Switzerland-based Unitaid have inked a pact under which the Indian drug major would reduce price of a combination therapy which prevents infections in people living with HIV.

Under the agreement, Cipla will reduce the ceiling price of the medicine (Q-TIB) by more than 30 per cent from USD 3 to USD 1.99 per person, per month, for all public-sector procurers in low- and middle-income countries, Unitaid said in a statement.

More News

Centre has set clear goals in fiscal management transparency, states should follow suit: FM

India Inc to see 9% salary growth in 2026, with focus on short-term incentives: Report

  Opposition MPs demand 100% FDI insurance bill be sent to Par panel for more scrutiny

Load More

The agreement would lead to reduction in price of Q-TIB, as governments and international funding bodies procure large quantities for their HIV treatment programmes.

“Unitaid-funded projects are putting more people on improved HIV treatment, but we continue to see high rates of opportunistic infections,” Unitaid Executive Director Lelio Marmora said.

By preventing these deadly infections, more people living with HIV will lead healthier lives, he added.

The HIV virus can weaken the immune system, increasing the risk of infection by bacteria and viruses. Q-TIB has been in the market since 2017 but its high price has put it out of reach of various countries’ health budgets.

The combination therapy is a once-daily pill that protects in three ways against TB, the leading cause of death among people with HIV, and against other life-threatening bacterial, and protozoan infections.

According to WHO, in 2016, about one million people died of AIDS-related illnesses. Of those, most died from TB, bacterial and fungal infections.

Unitaid invests in new ways to prevent, diagnose and treat HIV/AIDS, hepatitis C, tuberculosis and malaria.

Previous Post

Nawaz questions SC’s conditional directive to let Musharraf file nomination papers

Next Post

VC Wakf board expresses gratitude to devotees for cooperation on Jumatul Vida

Press Trust of india

Press Trust of india

Related Posts

Centre has set clear goals in fiscal management transparency, states should follow suit: FM

India loves celebrating and recognising its diversity: Finance Minister Sitharaman
by Press Trust of india
December 17, 2025

New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said the Centre has set clear goals for transparency in fiscal management...

Read moreDetails

India Inc to see 9% salary growth in 2026, with focus on short-term incentives: Report

India to grow 7.3% this fiscal, 7.6% in next: ADB
by Press Trust of india
December 17, 2025

New Delhi: Average employee salaries in India are set to increase by 9 per cent in 2026, with a renewed...

Read moreDetails

  Opposition MPs demand 100% FDI insurance bill be sent to Par panel for more scrutiny

by Press Trust of india
December 17, 2025

New Delhi: Several non-ruling members in the Rajya Sabha on Wednesday opposed the bill to raise FDI in the insurance...

Read moreDetails

PM Modi invites Jordanian companies to invest in India, earn good returns

Take part in ‘Your Money, Your Right’ movement: PM Modi
by Press Trust of india
December 16, 2025

Amman:  Prime Minister Narendra Modi on Tuesday invited Jordanian companies to invest in India, saying they can look forward to...

Read moreDetails

Govt introduces bill in LS to hike FDI in insurance sector to 100%

Lok Sabha proceedings begin in new Parliament building
by Press Trust of india
December 16, 2025

New Delhi: A bill seeking to raise FDI in the insurance sector to 100 per cent was on Tuesday introduced...

Read moreDetails

Tata Group, Reliance, Adani among top 5 recipients of LIC’s investment

by Press Trust of india
December 16, 2025

New Delhi: Life Insurance Corporation of India (LIC) has invested the maximum amount of Rs 88,404 crore in the Tata...

Read moreDetails
Next Post
Nizamuddin Bhat appeals CM to review SRO 202

VC Wakf board expresses gratitude to devotees for cooperation on Jumatul Vida

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.