State-produced drugs planned
(N.Z.P.A.-Reuter—Copyright) CANBERRA, July 2. The Opposition Labour Party in Australia might establish a State pharmaceutical company if it were to win power, the party’s spokesman on health matters, Mr William Hayden, said. The A.L.P.,. he said, was considering a policy of buying a pharmaceutical company to produce low-cost drugs and was also looking at the possibility of expanding the Commonwealth serum laboratories, or establishing another institution to provide State-produced drugs. The drugs manufactured would be mainly vaccines and would not include such drugs as aspirin, morphine and the contraceptive pill. Mr Hayden added that although a third of the . pharmaceutical companies in Australia were owned by Australians, 93 per cent of the drugs sold were made by overseas - controlled companies.
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Press, Volume CXII, Issue 32959, 4 July 1972, Page 13
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123State-produced drugs planned Press, Volume CXII, Issue 32959, 4 July 1972, Page 13
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