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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.


Client data not shared among schemes - Momentum

Aug 19 2016 10:35

Momentum Health denies sharing client data with the rest of its insurance business, as was claimed by the Council of Medical Schemes.


Bribe claims in Turkey groundless - Novartis

Aug 12 2016 17:36

Swiss drugmaker Novartis said it was not under investigation over bribery allegations in Turkey and that it considered the matter closed


AstraZeneca bets another $140m on Moderna's 'messenger' drugs

Aug 10 2016 18:18

AstraZeneca has invested another $140m in Moderna Therapeutics, the US biotech "unicorn" which is developing drugs based on a molecule known as messenger RNA.


Ascendis Health rights offer oversubscribed

Aug 08 2016 11:25

Ascendis Health says its R1.2bn rights issue, which closed last week, has been more than three times oversubscribed.


Pfizer beats estimates but maintains 2016 profit forecast

Aug 02 2016 16:45

Pfizer has reported better-than-expected quarterly revenue and profit, driven by sales of newer drugs and the acquisition of hospital products company Hospira.


Pfizer revenue rises 11%

Aug 02 2016 13:05

Pfizer's quarterly revenue has edged up about 11%, driven by sales of newer drugs and the acquisition of hospital products company Hospira last year.



Pharma workers launch pay strike, Adcock says not hit

Jul 29 2016 11:27

Pharmaceutical workers launched an indefinite wage strike, likely affecting production and distribution depots, but Adcock Ingram has not been affected.


Glaxo's earnings beat analysts' estimates

Jul 27 2016 15:37

GlaxoSmithKline has reported second-quarter earnings that beat analysts’ estimates and raised its forecast for the year as sales of new products doubled.

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