EU proposal tackles drug profiteering: Anger at pharmaceuticals for Africa being re-sold in Europe.

(From The Guardian)

Byline: IAN BLACK IN BRUSSELS

The European commission has announced plans to stop low-cost drugs intended for African countries being illegally resold for big profits in the west.

Under the proposal approved by the commission yesterday developing countries should be guaranteed access to cut-price HIV/Aids, TB and malaria medicines by special registration and labelling.

The manufacturers will be able to register them for sale at low prices in specified countries and use a logo identifying them as banned for resale in the EU.

The decision comes as evidence accumulates that shipments of cut-price Aids drugs …