More pharmaceutical skills in SA will increase competition, counter collusion

2017-07-02 15:13

The shortage of skills in South Africa’s pharmaceutical industry makes it easier for collusion to take place in the healthcare sector, says a Department of Health official.

Generic medicine market to continue growth trend in 2017

2017-01-11 18:31

Generic medicine is expected to continue its growth trajectory in 2017, says the CEO of a pharmaceutical company.

Dis-Chem plans JSE listing as it doubles pharmacies

2016-10-17 09:29

Dis-Chem plans to start trading on the JSE as the pharmacy group looks to double its outlets in the next five to eight years.

Aspen profit beats expectations, business soars

2015-09-09 13:36

Aspen Pharmacare has posted a gain in profit, beating expectations as the expansion of its international business outweighed the cost of imported materials.

Adcock shares lift on Bidvest news

2014-08-22 11:03

Shares of Adcock Ingram have surged more than 4% in early trade on news that top shareholder Bidvest Group is looking to raise its stake in the drugmaker.

Pfizer confronts surge of lawsuits over Lipitor

2014-08-08 09:35

Pharmaceutical giant Pfizer is facing a wave of lawsuits by women who allege that the company knew about serious side effects of its anti-cholesterol drug.

AstraZeneca raises forecasts

2014-07-31 12:19

AstraZeneca has raised its sales and earnings forecasts for the year, showing resilience after seeing off a $118bn takeover approach from rival Pfizer.

Reckitt Benckiser to spin off pharmaceuticals

2014-07-28 12:30

British household goods firm Reckitt Benckiser has decided to spin off its pharmaceuticals division, after a strategic review.

Pfizer move on Astra threatens UK science

2014-05-15 17:45

Pfizer's potential takeover of AstraZeneca poses a threat to British science unless the US drugmaker can give more concrete enforceable guarantees on jobs.

Pfizer could raise $106bn AstraZeneca offer

2014-05-14 11:38

US drugmaker Pfizer has hinted on raising its proposed offer if AstraZeneca would engage in talks, as its boss was grilled by UK lawmakers.


Collusion probe into cancer meds

2017-06-13 13:47

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

Clicks clears hurdle to run Netcare pharmacies

2016-11-11 09:22

The Competition Tribunal has announced that it has approved – with conditions – the merger between Clicks and Netcare’s in-hospital “front shops”.

Ascendis banks on wealthy consumers in tough economy

2015-10-08 14:19

Despite the economic slump, Ascendis Health is relying on wealthy consumers and expansion into Spain to grow its profits. Finweek caught up with CEO, Dr Karsten Wellner.

Aspen, GSK team up to extend foothold in Japan

2014-10-09 13:24

South Africa's Aspen Pharmacare has teamed up with shareholder GlaxoSmithKline to extend its foothold in Japan, a lucrative market for low-cost medicines.

Allergan approaches Salix to fight Valeant bid

2014-08-20 09:54

Botox-maker Allergan has approached Salix Pharmaceuticals about a potential takeover that could scuttle Valeant Pharmaceuticals' hostile bid for Allergan.

Private equity firms mull merger of GSK

2014-08-04 10:30

Private equity firms are mulling over a $10bn plan to buy and merge older drug brands of Britain's GlaxoSmithKline and France's Sanofi, according to a report.

Aspirin maker Bayer's earnings disappoint

2014-07-30 11:45

German chemicals and pharmaceuticals giant Bayer maker of Aspirin painkiller, has reported a 13% surge in its net profit in the Q2.

Pharma giant Novartis' profits soars

2014-07-17 09:43

Swiss pharmaceutical giant Novartis says its net profits for the first half have shot up by 13%, and has stuck by its forecast of continued sales growth.

Pfizer pledges to ringfence key new drugs

2014-05-14 18:30

Pfizer will ringfence the development of important drugs if it acquired AstraZeneca, rejecting a charge that a takeover would disrupt important research.

Pfizer defends "powerhouse" Astra deal

2014-05-12 16:49

Pfizer has defended the business case behind its plan to acquire AstraZeneca and questioned the UK drugmaker's ability to stand alone.

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