Good Samaritans stepping forward - SA pharma donates chloroquine tablets for Covid-19 treatment

Loading player...
The coronavirus epidemic is exposing the greedy and highlighting the good in many societies. In countries where the virus is raging, people are stepping forward to volunteer. In the United Kingdom, where the outbreak shows no sign of abating; a call for 250,000 volunteers to help the country’s National Health Service led to more than 600,000 signing up. In South Africa, two billionaire families, the Ruperts and the Oppenheimers were the first to put their hands up to donate R1bn each, putting to shame other well-known British billionaires like Richard Branson, who was asking for government help for his ailing airline. And now a South African pharmaceutical company has announced that they would be donating 500,000 chloroquine phosphate tablets to the Department of Health. Contrast that to US chloroquine drugmaker, Rising Pharmaceuticals who have doubled the price of the malarial drug. Chloroquine has been used successfully in some trials to reduce the time patients spend in hospitals. The chief executive of Austell pharmaceuticals, Suhail Gani spoke to Alec Hogg on how the South African Health Product Regulatory Authority managed to approve the drug within 5 days. - Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
27 Mar 2020 6AM English South Africa Investing · Business News

Other recent episodes

Warren Wheatley breaks his silence on his FSCA debarment

Three trades, R301 in total, and a 20-year ban from the financial sector. Warren Wheatley, the chartered accountant who helped put together the Capitec empowerment deal and went on to found Altvest, now Africa Bitcoin Corporation, broke his silence to Alec Hogg days after resigning as CEO. The FSCA says…
23 Sep 12PM 54 min

Brent Bozell on the US-South Africa breakdown

Six months after warning a Hermanus room full of business leaders that Washington's patience was wearing thin, US Ambassador Brent Bozell returned to BizNews to explain what happened next. Five asks, a 15-day deadline and a six-page reply that, in his words, answered none of them. The result: visa bans…
23 Sep 10AM 40 min

Mchunu, Mrs Matlala, Maumela, Mudzinganyama - and Meyer…

In their weekly chat, Chris Steyn and political commentator Solly Moeng talk about the second seizure of of electronic devices belonging to Special Leave Police Minister Senzo Mchunu; the arrest of tenderpreneur Cat Matlala’s wife, Tskanane; the rape case against suspended Deputy National Commissioner Shadrack Sibiya; the latest testimony at…
23 Sep 6AM 24 min

Ian Cameron: General Sibiya on charges of rape, sexual grooming, human trafficking…

In their latest interview, Chris Steyn and Ian Cameron, the Chairperson of Parliament's Portfolio Committee on Police, unpack a day of high drama with the court appearance this afternoon of suspended Deputy National Commissioner General Shadrack Sibiya who is now facing charges of rape, sexual grooming, and human trafficking. The…
22 Sep 1PM 10 min