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Cipla to bid for SA affiliate
Indian drug maker Cipla plans to offer $215m (R1.9bn) for a majority stake in South Africa's Cipla Medpro to strengthen its presence in Africa's fast-growing market for cheap, generic versions of branded drugs.Generic drugs are vital for a healthy Africa
The cost of pharmaceuticals takes them out of most people's reach and only cheaper, effective versions will make good healthcare attainable.Page 1 of 1 pages