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GSK launches $890m placement in Aspen Pharmacare

Mar 13 2015 08:14

GlaxoSmithKline has launched an $890m share sale in drug company Aspen Pharmacare, according to a source familiar with the matter.


Ascendis aims at exports, synergies, innovation

Mar 11 2015 14:45

The interim results of Ascendis Health show strong revenue growth due to comparable organic growth from strategic acquisitions over the past year.


Bidvest, PIC in talks to control half of Adcock

Mar 11 2015 11:48

Bidvest Group is in talks with a fellow shareholder in Adcock Ingram, the Public Investment Corporation, to jointly control nearly half of the struggling drugmaker.


Aspen earnings up as acquisitions kick in

Mar 05 2015 17:07

Aspen Pharmacare has reported a 22% increase in half-year profit as contributions from recent acquisitions offset the impact of unfavourable currency moves.


GSK, Norvatis sign deals worth $20bn

Mar 02 2015 20:00

GlaxoSmithKline and Novartis say they had completed a series of asset swaps worth more than $20bn that will reshape both drug makers.


Bidvest has no plans to buy all of Adcock

Mar 02 2015 12:29

The Bidvest Group has "no aspiration" to buy all of Adcock Ingram, says its chief executive as the share price of its target traded above its offer price.


Discovery lifts earnings, plans R5bn rights issue

Feb 24 2015 10:18

Leading health insurer Discovery is planning a rights issue to raise as much as R5bn to finance expansion, sending its shares down nearly 4%.


Adcock turnaround plan gaining traction

Feb 23 2015 16:48

Drugmaker Adcock Ingram has reported a rise in half-year headline earnings per share, a sign that a turnaround plan is gaining traction.


Bidvest offers to acquire Adcock Ingram

Feb 23 2015 10:52

Bidvest Group has offered to buy shares it doesn't already own in drugmaker Adcock Ingram Holdings.


WHO calls for $1 per person health investment

Feb 20 2015 12:13

The World Health Organisation has called on developing countries to invest $1 per person per year to tackle 17 neglected tropical diseases to improve people's health.

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UK may cut welfare for addicts, overweight

Feb 15 2015 21:00

Britain might reduce welfare benefits for people who refuse treatment for obesity or drug and alcohol problems, says Prime Minister David Cameron.


US approves biotech apple that resists browning

Feb 15 2015 20:30

US regulators have approved a commercialised biotech apple, rejecting efforts by the organic industry and other GMO critics to block the new fruit.

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Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.

The Fast and Furious R40 million

With the Fast and the Furious 7 hitting South African cinema’s this April, all eyes are on the cars and we’re in for a treat!


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