Asian Games: PH boxers Paalam, Marcial enter quarterfinals

first_imgCarlo Paalam of the Philippines (in blue) fights tags Taiwan’s Tu Powei (in red) with a right in their men’s light fly (49kg) round of 16 boxing match at the 2018 Asian Games in Jakarta on August 27, 2018. AFP PHOTO / BAY ISMOYOFilipino fighters Carlo Paalam and Eumir Felix Marcial breathed life into the Philippines’ flat-lining medal bid in boxing in the 2018 Asian Games in Jakarta, Indonesia.Paalam and Marcial both scored emphatic victories to advance to the quarterfinals in their respective divisions.ADVERTISEMENT Peza offers relief to ecozone firms View comments ‘High crimes and misdemeanors’: Trump impeachment trial begins DepEd’s Taal challenge: 30K students displaced Gov’t in no rush to rescue animals in Taal Don’t miss out on the latest news and information. Sports Related Videospowered by AdSparcRead Next Will you be the first P16 Billion Powerball jackpot winner from the Philippines? Judy Ann’s 1st project for 2020 is giving her a ‘stomachache’center_img MOST READ SEA Games 2019: PH’s Carlo Paalam boxing light flyweight semi final (HIGHLIGHTS) PLAY LIST 03:13SEA Games 2019: PH’s Carlo Paalam boxing light flyweight semi final (HIGHLIGHTS)03:34PH’s Carlo Paalam boxing light flyweight final (HIGHLIGHTS)03:42SEA Games: Rogen Ladon enters flyweight boxing semis02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award LATEST STORIES Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Serena Williams, Rafael Nadal on schedule as US Open begins Marcial forced a referee stoppage in the second round to beat Kuok Kun Ng of Macao in the men’s 75-kg while Paalam dominated Powei Tu of Chinese Taipei, 5-0, in their light flyweight duel.Three Filipinos are now in the quarters after flyweight Rogen Ladon also booked his slot on Sunday that stopped Philippine boxing’s string of setbacks in the continental showcase.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSTim Cone still willing to coach Gilas but admits decision won’t be ‘simple yes or no’Nesthy Petecio, Joel Bacho, James Palicte, Irish Magno and Mario Fernandez, who got knocked out by his Iraqi foe, have all faltered early. Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Palace OKs total deployment ban on Kuwait OFWslast_img read more

UNMIL Staff Testifies in Tears

first_imgBonfrer Adidee, a Ugandan UNMIL staff on May 27, took the witness stand to testify for prosecution in the murder case of his fiancée, Antoinette Nettie Peters. Adidee’s testimony comes against his private security guard, Jefferson Dahn, he had hired before the murder of Nettie. Dahn is accused of allegedly murdering Nettie.The UNMIL civilian staff was seen crying with tears rolling down his cheeks as he testified at Criminal Court ‘A’ at the Temple of Justice, where the murder case is on trial.Defendant Dahn, who is alleged to have killed Nettie, said it was Adidee, who did the killing and promised to give him US$600, a laptop and two phones for him to cover-up by throwing her dead body away at night.Adidee stated that in nearly five months between Nettie’s death and his security guard’s arrest, he had repeatedly insisted that he didn’t do it.He added: “I have cooperated with the Liberia National Police (LNP) during their investigation and proved my innocence.”Adidee testified after he was summoned by the Court to do so, following prosecution’s request to the court to order him to testify.He testified that the last time he spoke with his girlfriend was an hour prior to her homicide, when he called to cancel his lunch due to one of his colleagues’ health issue.  “She told me that everything was okay during that conversation,” Adidee said in open court.According to him, he had left defendant Dahn and Nettie in the compound by 7 a.m. on the day that she was murdered“I left her alive in the morning and to come back and see her dead is still shocking to me,” Adidee wept as he testified.  Adidee described the relationship between him and his deceased girlfriend as very good. Though tears were constant throughout his emotional testimony, he wonders “I can’t described the feeling the security officers hired to protect me could be the killer of my fiancée.”The witness told the court that Nettie and his security guard had had a heated argument over her broken bowl that Dahn had allegedly earlier taken away from the house. According to him, Nettie had threatened to cut US$50 from his pay for her bowl. “That could not be the reason for him to stab her to death,” he added.He said, it was Nettie who recruited defendant Dahn and three other security guards to protect him and his property.“She brought Dahn and some other persons for me to hire them when I first met her at the Great Wall Hotel, where she was working as a security guard, because I was looking for trusted people to protect me and my compound, when I arrived in the country in 2011,” Adidee alleged.Nettie was stabbed to death in Adidee’s 12 Street, Sinkor home on November 3, 2013.The case has been postponed until June 3, following the Liberia National Bar Association convention in River Gee County. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Playing with the People’s Health

first_imgDoes the Ministry of Health and Social Welfare (MOH) truly have no mechanism in place to monitor what is happening in the nation’s hospitals and clinics?You mean this Ministry did not know that the Barconnie Clinic in the country’s second oldest county, Grand Bassa, has not been functioning since the day it was dedicated three years ago by President Sirleaf herself?Besides, what about the county’s politicians–those who follow in the noble  tradition of Stephen Allen Benson and Joseph J. Cheeseman, respectively the second and 12th Presidents of Liberia?  You mean the President pro-Tempore of the Liberian Senate, Senator G. Findley and Senator Nyonblee Kangar Lawrence, her predecessor, the late John Francis Whitfield and all of Grand Bassa’s Members of the House of Representatives–did do not know that Barconnie Clinic has been closed since the very day the President opened it in 2011?Well, that is what our young reporter Conscience Tequah told the nation in yesterday’s Daily Observer.  Quoting Barconnie Town Chief Alphonso Gee (which means leopard in the Bassa language) Tequah said that during the dedication ceremony, there were furniture and staff at the clinic.  Town Chief Gee was quoted as saying, “We as community dwellers, along with the neighboring communities, were very happy because we felt that our health problems would be solved.“But surprisingly, after Madam Sirleaf left that day, we saw a big truck come and take away everything within the place and the nurses we saw earlier  also left.”When the people asked why the furniture had been taken away, they were told that “those materials did not belong to us.”The County Authority told the people, “There is no money for the clinic.” What a grand deception!  We must remember that the Barconnie Clinic was opened in the heat of the 2011 elections campaign, when all the Bassa politicians and county officials sought to gain heavy political capital from it.This kind of raw political deception, hypocrisy and downright selfishness and mean-spiritedness has to stop.  Remember, Conscience’s report said that just next to the Barconnie Clinic is an elementary school with 250 children.  They and the surrounding communities, two to three hours walk from Barconnie, had hoped that this clinic would be a salvation for them.Now, according to Town Chief Gee, people are using the clinic buildings for their latrine.  The roads are also bad, and patients, including expecting mothers, have to use motorbikes to reach the hospital in Buchanan.  “We have lost many babies and other people that way,” Town Chief Gee said.  What a disgrace, happening in the heart of one of the nation’s leading political subdivisions!  You mean the Superintendent at the time, Julia Duncan Cassell, now Minister of Gender, and other county officials could not have contacted some of the big companies in the county, such as Arcelor Mittal and the equally deceptive Buchanan Renewables, to DO something about Barconnie Clinic?The school was opened by the United Nations Special Representative, Karen Landgren.  At the time, the grateful people thanked her and expressed the need for a clinic, and she promised one would be built.True to her promise, the UN community, backed by the UN Development Program (UNDP),  built the clinic.Have our people truly forgotten the high calling of politics–which is to serve the highest interest of the PEOPLE?  No, it is not just about winning elections.   Those politicians who want to be fondly remembered, like Nelson Mandela–yes, he’s the only one we can think of right now–should work so hard, and conduct themselves so faithfully, lovingly, so compassionately, that when their work is finished here, the people would never forget them.Alas! Most of the world’s politicians don’t care.  All they want is to get elected.  They vigorously shun or seem totally oblivious to the concept of statesmanship.  And what is a statesman? According to Webster, “One who exercises political leadership without narrow partisanship.”  In today’s parlence in Liberia, a statesman is one who practices GOOD GOVERNANCE.We call on Dr. Gwenigale and his MOH and all the Grand Bassa politicians to do something quick to have Barconnie Clinic opened without delay, and keep it functional for the sake of our beleaguered and deeply disappointed fellow citizens in Barconnie, the school and the surrounding villages.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Miner killed after pit collapses at Konawaruk

first_imgA miner is now dead, and another is seriously injured after a mining pit collapsed at 35 Miles Konawaruk Backdam, Region Eight (Potaro-Siparuni) on Monday.Dead is 23-year-old Handel Payne, also called “Daggie” of Kaneville Housing Scheme, East Bank Demerara (EBD).Information reaching Guyana Times revealed that Payne and others were working in the mining pit when a piece of the mud wall collapsed behind him and struck him in the mid-section. He reportedly fell unconscious by which time the water began to rise rapidly.Dead miner: Handel PayneHe was submerged and subsequently drowned. He was later pulled out and rushed to the Mahdia Hospital, where he was pronounced dead on arrival.Reports are another miner received severe injuries, and was currently hospitalised at the Mahdia Hospital. His identity has not been revealed.The pit is reportedly owned by Collin Robertson, 34, of One Mile Extension, Wismar, Linden, who also worked as the jet man.Back in 2015, 10 persons died in a mining pit in the Konawaruk area after it collapsed. The incident saw 17 miners being buried under a pile of dirt and rubble but seven of them made it out alive with varying injuries.The others remained trapped under the dirt where they eventually perished. The 10 trapped miners were Leyland Jones, Jason Trotman, Vick Bernard, Frank Bernard, Desmond Martins, Raymond August, Brian Bank, Trevon Phillips, Nanmore Kurt and another man identified only as ‘Michael’.The deaths were blamed on heavy rains in the area, improper mining design and poor safety practices at the mining camp.Meanwhile, with respect to the mining death on Monday, the Guyana Geology and Mines Commission (GGMC) has launched an investigation. The body of Payne was transported to the Mahdia Hospital Mortuary to await a post-mortem.last_img read more

State Realtor group suing Blue Shield

first_imgThe California Association of Realtors said Monday that it is suing Blue Shield of California to prevent cancellation of medical insurance for more than 5,500 members and their families. The Los Angeles-based trade association, which represents the state’s residential real estate industry, seeks unspecified general and punitive damages and a permanent injunction directing Blue Shield not to cancel members’ policies unless they do not make their payments. The suit was filed Friday in Los Angeles County Superior Court. It called Blue Shield’s action callous. “We were abruptly notified by mail that our insurance coverage was being cancelled,” association President Colleen Badagliacco said in a statement. The notice, received in mid-December, gave members until May 31 to find new carriers. The association has also been unable to find a new carrier. “Many have operations scheduled, others are recovering from surgeries and require continued medical care or additional therapy. Some are dying and are in need of palliative care during their last days. Blue Shield is denying them all, just when they need medical care the most,” Badagliacco said. Blue Shield spokesman David Seldin disagreed. “They had failed to comply with the terms of their contract with us,” he said. “It’s a question of them not meeting the provisions of the contract. That’s pretty cut and dried.” Under state law, group medical coverage is guaranteed as long as legally agreed-upon guidelines are met, according to the association. “We strongly believe that Blue Shield terminated medical insurance coverage without cause,” Badagliacco said. The association has slightly more than 200,000 members, and about 5,500 of them have the Blue Shield coverage, said association attorney Debra Ferrier. The contract stipulates that 75 percent of the association’s eligible members who want medical coverage must select Blue Shield. But that 75 percent does not include people who have selected another plan, she said. Seldin said the 75 percent participation requirement is designed to spread the risk and keep premiums reasonable. The association has been a Blue Shield customer since 1999. Attorney Heather M. McKeon filed the suit on the association’s behalf. “They are using a very technical argument that we disagree with,” she said. A hearing on the injunction, which could block the Blue Shield action while the suit works through the legal system, is scheduled for March 14. McKeon also said there were some discussions between the parties after the notice was received, but they didn’t go anywhere. (818) 713-3743160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more


first_imgDrive-in bingo is coming to Donegal!A Donegal GAA club has been granted the first license for drive-in bingo in the county.Naomh Muire GAA club in The Rosses now hopes its car park will be bumper-to-bumper on Sunday, October 11th next.And with a guaranteed jackpot of more than €2,000 on the day, bingo players from across the county look set to descend on the West Donegal club for the day out. The novel idea is beginning to take hold in different part so the country.But Naomh Muire officials say it’s the first time a club in Donegal have tried it.Club spokesman Charlie The Yank Boyle told Donegal Daily they are hoping the drive-in bingo will take off.“It’s something a little different and it’ll be good craic. We’re still getting to grips with the planning details and how it will work but we’re hoping of a good turn-out. “People love a good game of bingo, including myself, and now they won’t even have to leave the comfort of their own car.“I hope people are luckier than me. I’ve only ever had a line once and even then, it was a wrong call because I had a wrong number.“But even apart from the fun, we’ll have some great cash prize on offer,” he said.GAA CLUB HOPING FOR FULL HOUSE WITH FIRST EVER DRIVE-IN BINGO! was last modified: September 26th, 2015 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:donegaldrive-in bingoNAOMH MUIRElast_img read more

Donegal soccer club nets €45,000 to improve facilities

first_imgMinister Joe McHugh has announced Ceiltigh Ghaoth Dobhair soccer club has secured almost €45,000 funding.“We want to encourage people to get involved in sports and help clubs to retain their athletes and members,” the Minister said.The funding has been approved through Roinn na Gaeltachta. The investment will go towards improvements at the pitch for football nets and fencing. The Minister for Education and Skills also praised the club for the opportunities it offers young people in sports and leisure and also to promote the Irish language.“Má tá cumainn spóirt chun lúthchleasaithe a mhealladh agus a choinneáil, caithfidh siad áiseanna caighdeánacha a chur ar fáil do gach duine,” a dúirt sé.“Tá áthas orm,” a dúirt sé, “go mbeidh Plean Teanga i bhfeidhm ag an gCumann a chuideoidh le cur chun cinn na Gaeilge sa chumann féin agus sa cheantar máguaird.”Donegal soccer club nets €45,000 to improve facilities was last modified: June 12th, 2019 by Staff WriterShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

Durban’s plan to offset COP 17 footprint

first_img15 November 2011An estimated 15 000 tons of CO2 is expected to be produced during the upcoming United Nations Climate Change Conference, but Durban has a plan to offset the event’s carbon footprint in full – and then some.The 17th Conference of the Parties (COP 17) to the UN Framework Convention on Climate Change takes place in Durban from 28 November to 9 December.The estimate of the event’s footprint is based on the assumption that 25 000 people will visit the city during the conference, along with related factors like accommodation, conference venues, transportation and waste removal logistics.Community Ecosystem Based Adaptation (Ceba)The response takes the form of an initiative called Community Ecosystem Based Adaptation (Ceba), a joint venture between the Wildlands Conservation Trust and the eThekwini municipality. Ceba focuses on the link between communities and the ecosystems and ways in which they can be supported.According to eThekwini Environmental Planning and Climate Protection deputy head, Debra Roberts, the Durban Ceba Initiative is one of the most exciting elements of the city’s broader COP 17 greening programme.Delegates at COP17 will be able to buy “Ceba credits” to offset the carbon footprint of the event.“It has been adopted as the official voluntary offset mechanism for COP 17,” said Roberts. “Delegates, corporates and residents of Durban will be able to contribute towards the project by buying ‘Ceba credits’ to play their part in helping offset the environmental impact associated with hosting COP 17.”National government is said to be focusing on the other aspects of the carbon footprint, such as international air travel. The city has been more concerned with the impact on energy and water resources.uMbilo River catchment projectThe first Ceba project will be the restoration and reforestation of the uMbilo River catchment.Adaptation will be prioritised to counter the effects of the carbon footprint. Ceba will focus on communities restoring their natural ecosystems, creating cleaner and greener neighbourhoods.Each Ceba credit will cost about US$10 (between R80 and R100), and the money raised will be used for the uMbilo River catchment project.Roberts said unemployed people from the neighbouring communities will then be employed as “green collar” workers to first remove alien plants and trees. The project also involves the planting of indigenous plants and trees and restoration of the riverine, wetland and grassland systems.Initial funding for the project will come from the city, the corporate sector and through the Wildlands Conservation Trust.“We want this project to not only benefit the ecological sustainability of the river, but the social sustainability of poor communities along it,” said Roberts.For more information, visit BuaNewslast_img read more

Ohio Soybean Association names Pat Tiberi Legislator Of The Year

first_imgShare Facebook Twitter Google + LinkedIn Pinterest The Ohio Soybean Association (OSA) has announced that Congressman Pat Tiberi (R-OH) has been named one of two Legislators of the Year in recognition of his tireless work on Trade Promotion Authority.“TPA is a priority for OSA and Ohio soybean farmers,” said Adam Graham, OSA president and soybean farmer from Logan County. “We thank Congressman Tiberi for his dedication to seeing TPA through, as well as his continued support for farmers and Ohio’s number one industry, agriculture.”Congressman Tiberi has represented Ohio’s 12th congressional district since 2001 and serves on the House Ways and Means Committee.“Ohio soybean farmers rely on free trade to expand exports and reach customers in new markets,” said Congressman Tiberi. “It is vitally important that our trade agreements work for them. That is why TPA was so important to pass — to ensure we get the best trade agreements possible so Ohioans can keep their farms open and running. I’m honored to receive this award, and I thank the Ohio Soybean Association for their work on behalf of our entire state.”Legislative passage of the Trans-Pacific Partnership Agreement remains a high priority for the American Soybean Association and OSA. As the former chairman of the Ways and Means Subcommittee on Trade, Congressman Tiberi continues to provide the leadership needed to ensure this agreement works for Ohio farmers to promote free trade, protect workers and create jobs.last_img read more

This Company is Ready to Flood the U.S. with Cheap HIV Drugs

first_imgAmong the coconut plantations and beaches of South India, a factory the size of 35 football fields is preparing to churn out billions of generic pills for HIV patients and flood the U.S. market with the low-cost copycat medicines.U.S. patents on key components for some important HIV therapies are poised to expire starting in December and Laurus Labs – the Hyderabad, India-based company which owns the facility — is gearing up to cash in.Laurus is one of the world’s biggest suppliers of ingredients used in anti-retrovirals, thanks to novel chemistry that delivers cheaper production costs than anyone else. Now, its chief executive officer, Satyanarayana Chava, wants to use the same strategy selling his own finished drugs in the U.S. and Europe. He predicts some generics that Laurus produces will eventually sell for 90 percent less than branded HIV drugs in the U.S., slashing expenditures for a disease that’s among the costliest for many insurers.“The savings for U.S. payers will be so huge when these generic combination drugs are available in the U.S.,” he said in an interview at the factory outside the Southern Indian city of Visakhapatnam. Payers will save “billions of dollars,” he said.The patent expiries are starting this month when Bristol-Myers Squibb Co.’s Sustiva loses protection. Gilead Sciences’s Viread follows next month. Both companies didn’t respond to requests for comment.For generic manufacturers like Laurus, the U.S. market is alluring. With 1.1 million people infected with HIV in the U.S., and many of them living longer thanks to treatment, HIV drugs have become an $18.8 billion business for the pharmaceutical industry there, according to data provider IQVIA.Part of that spending is due to the high cost of the medicines. For instance, a combination of Viread, Sustiva and a third drug sold in pill form under the brand name of Atripla has an average wholesale price of almost $37,000 per person annually, according to data from the U.S. Department of Health and Human Services.But in the developing world the same combination can cost as little as $100 per person annually, after years of brutal competition between generic manufacturers drove prices down, according to Medecins Sans Frontieres. Though Laurus doesn’t yet make the actual pills those patients take, it’s become a dominant supplier of the key ingredients that make them work.The best way to fight HIV is with a combination of different drugs, and because Viread and Sustiva form key parts of some of the most effective combinations, the inclusion of generic versions of these chemicals could bring down the cost of the whole treatment. One analysis cited by the Department of Health found that replacing a three-medicine, branded combination with multiple pills, including a generic version of Sustiva, could save the U.S. $900 million its first year.Containers move along a conveyor on the packaging line for metformin pills at a Laurus Labs pharmaceutical plant in Visakhapatnam, India. Photo: Sara Hylton/BloombergIn the U.S., Laurus will be going up against much larger companies like Teva Pharmaceutical Industries — the world’s biggest generic drug company — which will beat it to market on generic Viread and so be the first to slash prices and lock down customers. Other generic companies, both from India and elsewhere, many of whom are customers of Laurus, are expected to enter the market too.Meanwhile, the companies that hold the original patents, like Foster City, California-based Gilead, have also been successful at switching patients to their newer therapies to limit the impact of generic competition on the old ones, according to Bloomberg Intelligence analyst Asthika Goonewardene. He doesn’t predict a big impact from generic competition to the $2.6 billion Gilead gets from HIV drugs.Cost savings that were an advantage in the developing world, may also prove less useful in a less price sensitive market like the U.S. Between government programs providing treatment for the uninsured, and drug company funded ones helping the insured with their co-pays, HIV patients in the U.S. are often sheltered from the full cost of their medicines.So patients themselves may have little incentive to switch to cheaper alternatives, said Tim Horn, the New York-based deputy executive director of Treatment Action Group, an AIDS policy think tank. Newer drugs offer medical advantages to the ones going off patent, including fewer side effects, and the switch from one daily brand name pill to a mix of two or three may feel like a step back for many, he said.Still, Horn says private and public insurers, who pay the greater part of the full sticker price and then spread those costs through the system in the form of higher premiums and health-care costs, are likely to push for generics.For his part, Chava maintains he will eventually be able to undercut bigger rivals like Teva on price, and the magnitude of savings offered to insurers from generics will prove irresistible — particularly as more components of the older combinations go off patent in the next three years.“We believe we’ll be able to bring cost effective generic alternatives to the U.S. market,” he said. “We have the scale.”That willingness to compete on cost has made Laurus a bright spot in India’s pharmaceutical industry in a year when the U.S. generics market has been rocked by a protracted price war. Laurus’s stock has risen about 22 percent since its public market debut in 2016. Analysts are forecasting that its revenue will rise to about $339 million in the current fiscal year from $279 million in the previous year.Laurus controls about 66 percent of the global market for efavirenz, the chemical name for Bristol-Myers Squibb’s Sustiva, and 33 percent for tenofovir, the chemical name for Gilead’s Viread, according to a report earlier this year by investment bank Jefferies Group.A compact man of 54 with a trim mustache and rimless glasses, CEO Chava laughs enthusiastically as he recounts the scientific discoveries that helped give Laurus its edge. A chemist by training, he left his job as a C-suite executive at another Indian pharma company to found Laurus in 2005. He quickly saw an opportunity to improve the production process for efavirenz, which Indian generic firms were already producing in bulk for the developing world.The key ingredient of efavirenz was a compound called diethylzinc, which had to be imported from Europe, and has a propensity for bursting into flames upon contact with water, or even humid air. So Chava and his team eventually found an alternative in the combination of two chemicals easily had nearby.Where diethylzinc cost $80 per kilo — plus all the precautions needed to keep it from exploding — the two replacement chemicals together cost $5 per kilo. A similar innovation reducing the production cost of tenofovir by 75 percent followed, he said.For now, Chava’s new factory is only producing test batches as it seeks to win regulatory approval to enter the U.S. It is meant to eventually produce as many as 5 billion tablets annually. On Nov. 30, the company said it had received tentative approval from the U.S. Food and Drug Administration to sell tenofovir.He expects his company could be in the market with its version of tenofovir in three months or so, in partnership with another Indian company with a U.S. distribution network. While that timeline could mean being beaten to market by some of his competitors, he says he’s not worried.“We don’t mind not being the first one,” Chava says. “But we want to be the last one standing.”© 2017 Bloomberg Related Itemslast_img read more