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Japan to back solar plant in Egypt with $89mn loan

Tokyo / DPA The Japanese government has decided to offer a yen loan of about 10 billion about $88,829,700) to support construction of a gigantic solar power plant with a large-capacity storage battery system in Egypt. Egypt is expected to hold a public tender open only to Japanese companies with advanced battery technology. The government hopes this will give the ...

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Pak to import ‘expensive’ Hepatitis-C drug from USA

Islamabad / AFP Pakistan has authorised the import of an expensive Hepatitis-C drug from the United States to improve treatment for the estimated eight million people carrying the blood infection, officials said on Monday. Hailed by experts as a game-changer, Sovaldi, which has been on the market since 2013, costs around $1,000 per pill in the US or $84,000 for ...

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China to use new method to identify counterfeit drugs

Beijing / Bloomberg China will halt the implementation of a drug-coding system that’s developed and operated by Alibaba Health Information Technology Ltd. to identify counterfeit medicines. China Food & Drug Administration suspended the new electronic coding system as it made draft amendments to existing rules, allowing the use of other methods to build a system that tracks medicines back to ...

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