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Health

Aspen is said to get approvals for baby-milk deal in weeks

Apr 03 2019 14:31

The pharmaceutical group is expected to receive final approvals to complete the sale of its milk-formula business within weeks, according to people familiar with the matter.

Health

Aspen Pharmacare to list on A2X

Mar 25 2019 10:29

A total of 17 companies have been listed on the exchange, including heavy hitters Naspers, the Standard Bank Group and Sanlam.

Health

Weak domestic performance is bad medicine for Ascendis Health

Mar 18 2019 15:52

South African-based international health and wellness business Ascendis Health [JSE:ASC] on Monday saw its share price drop by over 4% after reporting a 3% increase in revenue to R4bn for the six months to December 2018.

Health

African pharma tycoon Saad falls from grace as Aspen plunges

Mar 10 2019 14:17

Aspen Pharmacare Chief Executive Officer Stephen Saad is having a bad day, after shares in the drugmaker he co-founded more than two decades ago crashed by as much as 50% in Johannesburg.

Health

Aspen shares plunge on poor results

Mar 08 2019 11:30

Aspen Pharmacare's shares plunged to a seven-year low on Friday as an already protracted deal to sell its infant-formula business dragged out even further, choking off cash flows and weighing on financing costs

Health

US drug middlemen getting bigger and bigger mark-ups, say pharmacists

Jan 26 2019 12:05

Pharmacy-benefit managers are taking increasingly large markups on generic drugs in , according to an analysis of Medicaid prescriptions at independent pharmacies in New York.

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Health

Ascendis Health sells SA manufacturing plant for R130m

Dec 20 2018 18:01

Ascendis Health has concluded a sale agreement of its pharmaceutical manufacturing facility in Isando to an international pharmaceutical company for R130m.

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