Minister of Agriculture takes action against vaccine company boss
Board suspends acting CEO of Onderstepoort Biological Products over price of foot and mouth disease vaccine
Minister Willie Aucamp has suspended the acting CEO of Onderstepoort Biological Products (OBP) following allegations of misconduct in the pricing of foot and mouth disease (FMD) vaccines. The allegations claim that OBP bought vaccines from Biogénesis in Argentina and sold them at a much higher price, ranging from R70 to R130. Minister Aucamp emphasized that OBP should not profit unduly from the current FMD outbreak and stressed the importance of ensuring cost-effective and efficient vaccine procurement for farmers.
The suspension is precautionary, and the CEO has five days to explain why he should not be suspended. If he fails to provide a satisfactory explanation, the suspension will remain in place pending an independent investigation.
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