Government/Research/Drugs
The Star, , Controversial Aids-drug firm
to be sold off
By Nalisha Kalideen
Enerkom,
which manufactured a controversial anti-Aids drug that was tested on Tanzanian
soldiers, is being auctioned.
The
auction will take place on Wednesday.
The
company, a subsidiary of the Central Energy Fund, was mired in controversy last
year when it tried to distribute the coal-based drug Oxihumate-K to HIV and Aids
patients without permission from the Department of Health.
'What will be on auction is all the research done'
Enerkom
claimed that it had been given permission, but the department said it had
withdrawn permission for distribution over concern about the drug's high chrome
content.
Doctors
had said it was unacceptable to distribute the capsules, filled with black
powder that supposedly boosted immunity, because clinical trials had not been
completed.
It
was then tested on HIV-positive Tanzanian soldiers and civilians.
Enerkom
will be auctioned in its entirety, including the laboratory and other facilities
at the Council for Scientific and Industrial Research in
The
auction also includes the property rights to the drug Oxihumate-K and the
results of its clinical trials.
"We
will be selling the intellectual property rights of the company. There are 57
different individual rights that are downscaled into 11 projects. What will be
on auction is all the research done," said Chico da Silva, of auction
company Aucor.
The auction is set to raise about R30-million - meaning an expected R100-million loss to taxpayers.