EU clamps down on reimportation of cheap drugs meant for Africa

The European Union is taking measures to prevent low cost drugs intended for patients in some of the world's poorest countries from being diverted and resold for huge profits in the West.

By clamping down on the illegal trade in reimported drugs that undercuts standard European prices, the EU is hoping to encourage pharmaceutical companies to expand the trend of making medicines available at special rates to the developing world.

The initiative comes amid growing evidence that cut price drugs are being diverted onto …