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Ascendis' strength lies in diversification - CEO

Sep 16 2016 17:36

The strength of the business of Ascendis Health lies in its diversification from a customer point of view - and from a product point of view, it makes the business resilient.


Aspen targets further Chinese acquisitions

Sep 15 2016 17:02

Aspen Pharmacare is seeking further acquisitions and adding salespeople in China as it targets the world’s most populous country as a major growth market.


Oprah loses $117m as Weight Watchers shares drop

Sep 15 2016 06:52

A drop in the shares of Weight Watchers, which Oprah Winfrey has a 10% stake in, has shaved off about $117m of her wealth, as the company seeks a new CEO.


Ascendis posts 39% revenue rise

Sep 14 2016 15:16

Ascendis Health has increased revenue by 39% to R3.9bn in the year to end-June 2016, with normalised headline earnings rising by 37% to R336m.


Aspen continues spending spree with $372m purchase

Sep 12 2016 12:26

Aspen Pharmacare says it has agreed to buy a portfolio of anaesthetic medicines from GlaxoSmithKline for as much as $372m.


Aspen heads for biggest decline in 17 years

Sep 08 2016 11:19

Aspen Pharmacare is headed for its biggest drop in almost 17 years as the sale of portfolios and a currency-related loss in Venezuela are set to weigh on earnings.


MMI's full-year profit slumps 25%

Sep 07 2016 20:09

MMI Holdings says fiscal full-year profit dropped 25% after underwriting slumped and investment returns declined.


AstraZeneca injection helps with severe asthma in advanced test

Sep 05 2016 09:22

AstraZeneca has said its experimental injection benralizumab helped improve lung function and alleviate symptoms in patients with severe asthma in two advanced clinical trials.


Adcock appoints new executive director

Aug 28 2016 15:30

Basadifeela Letsoalo has been appointed as executive director for human capital and transformation, says Adcock Ingram.


Ascendis Health concludes R7.3bn acquisitions

Aug 26 2016 14:46

Health and care brands company Ascendis Health has completed all conditions pertaining to the R7.3bn acquisitions of two European companies.


Megamerger: Bonitas takeover of Liberty Health gets nod

Aug 24 2016 20:05

The Competition Tribunal has approved, what is believed to be one of the largest mergers in history, between Bonitas Medical Fund and the ailing Liberty Medical Scheme.



Pfizer buys AstraZeneca's antibiotics unit

Aug 24 2016 10:14

Pfizer has agreed to buy an antibiotics business from AstraZeneca for $72m as well as other pay outs, seeking to add to its pipeline of treatments intended to fight infections.


Pfizer beats out Sanofi to take Medivation in $14bn deal

Aug 22 2016 15:52

Pfizer has claimed the pharmaceutical industry’s latest big prize, beating out a group of rivals and bought Medivation and its blockbuster cancer drug for $14bn.

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