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Aspen Pharmacare posts 46% profit jump

By: Reuters     14th September 2017 South Africa's Aspen Pharmacare reported a 46% rise in full-year profit, buoyed by a revenue boost from an anaesthetics portfolio acquired from AstraZeneca and GlaxoSmithKline, the company said on Thursday. The drugmaker posted headline earnings per share of 1 299.5c for the year to end-June, up... 

Competition Commission swoops on pharmaceutical companies

By: African News Agency      13th June 2017 The Competition Commission on Tuesday announced that it has initiated an investigation of anti-competitive conduct into companies in the healthcare sector relating to provision of cancer medicine in South Africa. The commission said it would be investigating pharmaceutical giants like Roche,... 

Aspen welcomes DA-initiated price-fixing probe

By: African News Agency      24th April 2017 Aspen Pharmacare on Monday issued a statement welcoming reports that South Africa’s Competition Commission had agreed to take up a request from the country’s official opposition to investigate alleged anti-competitive conduct by the company. The South African pharmaceutical company said it... 

Wealth of top three South African billionaires equal to that of bottom half of country's population

By: News24Wire      16th January 2017 The wealth of the top three South African billionaires is equal to that of the bottom half of the country's population, Oxfam South Africa (SA) said in a report released on Monday. The report, entitled ‘An economy for the 99%’, coincides with the upcoming forty-seventh World Economic Forum (WEF)... 

HAZLETON PUMPS CEO and Founder wins prestigious AABLA Award as Industrialist of the Year for Southern Africa

     24th October 2016 The All Africa Business Leaders Awards (AABLA™) in partnership with CNBC Africa honour remarkable leadership and salute game changers of business on the continent for their continuing commitment to excellence, developing best practices and innovative strategies. CNBC Africa is proud to continue... 

Aspen expands anaesthetics portfolio with product acquisitions

By: Megan van Wyngaardt     12th September 2016 To further expand its footprint in the anaesthetics field, healthcare solutions provider Aspen Pharmacare has signed agreements with a number of GlaxoSmithKline’s (GSK’s) subsidiaries to acquire a portfolio of anaesthetics globally. The portfolio, which comprises five established medicines,... 

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