SEARCH
A great gift
for crisis deniers!
Humoring the Horror of the
Converging Emergencies
94 color pages
$24.99 now $15!
Or read FREE online!
Twitter
Ping this story
in social media:
del.icio.us
Digg
Newsvine
NowPublic
Reddit
Facebook
StumbleUpon
|
 |
|
 |
|
 |
|
 |
|
Sufferers urge progress on sickle cell drug Nicosan http://apocadocs.com/s.pl?1281094477
"This remedy changed my life," said Tosin Ola, a US-based advocate for sufferers from the disease, who had used the drug since 2007. She has written an open letter, for which she is collecting signatures, to three banks....
"Dust gathers at the Xechem factory that could be our salvation ... equipment to manufacture Nicosan [is] rusting wastefully away while you sit behind your desk ignoring all attempts to put this matter to rest," says the letter.
The banks --Bank PHB, Diamond Bank and Nexim -- control Xechem's Nigerian subsidiary following the company's failure to repay loans it obtained from them.
Niprisan is based on extracts from West African plants known to a Nigerian family which made a pioneering agreement with NIPRD, widely cited as a case study in "benefit sharing" -- allowing local groups to have a stake in the profits from commercialising indigenous products.
The licence to produce the drug was subsequently bought by Xechem International, which held it for six years -- during the last few of which it was dogged by allegations of fraud and mismanagement.
|
|
 |
|
 |
|
 |
[Read more stories about:
capitalist greed, governmental corruption]
|
 |
|
New!:
| |
|
No reader quips yet -- be the first! | |
|
Got a PaniQuip?
|
|
|
We reserve the
right to reuse, remove, or refuse any entry.
| |
|
|
'Doc Michael says:
|
|
|
 |
|
The free market rises to the occasion again.
|
|
|
|
|
Want to explore more?
Try the PaniCloud!
|
