Aspen sells Japanese business as it battles debt burden

2019-11-11 11:43

Aspen's Mauritius-based subsidiary sold its Japanese operations to Sandoz in a R6.6bn deal.

Aspen poised to meet deadline for sale of its baby milk unit

2019-05-15 20:01

The Overseas Investment Office agreed in principle to allow French dairy company Lactalis International to buy the unit from Aspen, said the person, who asked not to be identified because the details aren’t yet public.

The JSE just had its best first quarter in 12 years – despite meltdowns in Aspen, Mr Price, and Shoprite

2019-04-01 14:45

The first quarter of 2019 was painful for investors in many companies which make their money from SA consumers, but the bourse in general didn't share their pain – in part thanks to mining shares.

Aspen Pharmacare to list on A2X

2019-03-25 10:29

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

African pharma tycoon Saad falls from grace as Aspen plunges

2019-03-10 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.

New PE anaesthetics hub to boost exports, says Aspen

2018-10-29 22:00

Aspen expects its new Port Elizabeth sterile anaesthetics manufacturing plant to generate R4bn in exports once it gets into production by 2022/3.

Regulator scrutinises wild stock swings on JSE

2018-01-11 16:26

Regulators are scrutinising trades prompted by speculation that Viceroy Research will release a negative report about a JSE-listed company.

How to cut cost of cancer drugs in SA

2017-06-26 05:00

The high cost of cancer drugs in South Africa has come under the spotlight with an investigation by the Competition Commission in the country, writes Natalie Schellack.

Collusion probe into cancer meds

2017-06-13 13:47

The Competition Commission announced it will investigate excessive pricing of cancer medication.

DA welcomes probe of top pharmaceutical company by Competition Commission

2017-04-23 11:30

The Competition Commission will conduct an investigation into the alleged anti-competitive conduct of Aspen Pharmacare, the DA says.

 

Aspen reports declining earnings after 'challenging' year

2019-09-11 22:15

Pharmaceutical company Aspen's net profit declined 14% as the group disposed of some of its businesses during the period as part of its strategic review to focus on pharmaceuticals.

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

2019-04-03 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.

Pharma group Aspen becomes fifth largest company to list on A2X

2019-04-01 11:59

The pharmaceutical group, which has a market cap of R42.4bn, will retain its primary listing on the JSE.

SA’s biggest medicine company is in meltdown - here's everything you need to know about the crisis at Aspen

2019-03-11 05:39

Investors are concerned about the company's massive debt burden.

Aspen shares plunge on poor results

2019-03-08 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

Aspen moves production to new R1bn SA plant

2018-05-08 13:06

Aspen Pharmacare is relocating the production of pharmaceuticals for certain illnesses to South Africa from regions including Europe.

Aspen moves to reassure investors after share price fall

2018-01-09 17:01

Aspen’s share price dropped by about 8% before recovering on the back of rumours that research group Viceroy was investigating the pharmaceutical company.

Aspen loses cancer drug appeal and must pay €5.2m fine

2017-06-14 16:33

Aspen has lost its appeal against an Italian Competition Authority ruling, meaning it must now pay a €5.2m fine, the pharmaceutical company has announced.

Aspen in Competition Commission price-fixing probe

2017-04-24 19:36

Aspen says it has not hiked product prices outside the regulatory framework and sees a Competition Commission probe as an opportunity to have allegations against it set aside.

DA wants Aspen anti-competitive actions probed

2017-04-20 18:58

The SA has asked the Competition Commission and the Medicines Control Council to investigate claims of anti-competitive behaviour by pharmaceutical firm Aspen.

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