Guest guest Posted July 31, 2008 Report Share Posted July 31, 2008 Hello sir, "India is very close to eradicate communicable diseases." now many people dont trust the truthfullness in this statement especially after the closure of 3 PSUs. Read this, we will find who is responsible and what is cooked behind all this sin, Since its inception in 1907, PII Coonoor was engaged only in the production of rabies vaccines for which it had earned a global reputation. But while the Ministry directed it to close down rabies vaccine production on January 15, 2008, it simultaneously gave it the go-ahead for measles vaccine manufacturing, which would benefit the private company.The Green Signal Bio Pharma (GSBP) Limited, a Chennai-based private company, is set to walk away with Rs 143 crore over the next three years in a "joint venture" with Pasteur Institute of India, Coonoor. The PSU bought measles seeds from GSBP at a staggering Rs 3.25 crore and further agreed to give 70 per cent of the profit from vaccine manufacturing to the private company. The company's chairman and managing director, P Sundaraparipooranan, is a politician-turned-businessman & is a close associate of Ramadoss and his brother-in-law MK Vishnuprasad, a Congress MLA.The company was registered in November 2005 but it decided to get into vaccine production only in December 2007, when Ramadoss banned the three Central PSUs. Its India, any thing can happen here...................... even Ministry can be owned by Pharma companies.There was no proper logic behind the closing of the units. Regards Dr. Swapnil Jaiswal, Pharmacology Dept. Government Medical College, Nagpur. Quote Link to comment Share on other sites More sharing options...
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