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Investors inject R502m into East London development zone

By: African News Agency      3rd December 2018 Meek Mines South Africa and Nulatex Condoms South Africa have announced a R502-million investment into the East London Industrial Development Zone (ELIDZ) expected to create 450 jobs for locals. Meek, which cuts and polishes diamonds mined for supply to both the domestic and foreign market, will... 

Ascendis launches new strategic focus, announces positive FY18 results 

By: Nadine James     25th September 2018 JSE-listed pharmaceutical company Ascendis Health on Tuesday announced a new strategic focus prioritising pharmaceutical and consumer healthcare. The company, which also reported on its results for the financial year ended June 30, plans to divest its biosciences businesses. 

Aspen sells global nutritional business

By: Tasneem Bulbulia     13th September 2018 Pharmaceutical manufacturer and supplier Aspen has concluded an agreement to sell its global nutritional business to French-based multinational dairy corporation Lactalis Group for a fully funded cash consideration of €739.8-million, or about R12.9-billion. The company disclosed this during a... 

Adcock Ingram’s HEPS rise 25.5%, despite economic, consumer headwinds

By: Simone Liedtke     29th August 2018 JSE-listed Adcock Ingram reported headline earnings per share (HEPS) from continuing operations of 387.7c for the year ended June 30, representing a year-on-year increase of 25.5%. Headline earnings for the period were R644.7-million, up from R513.7-million in the prior financial year. 

KML bearings from BI a perfect fit for food-and-beverage applications

16th August 2018 The KML range of corrosion-resistant, food-grade ball bearings, distributed exclusively in Southern Africa by leading supplier BI, continue to set the quality and hygiene benchmark in the food-and-beverage industry. With over 35 years’ experience in power transmission, KML Bearings has developed... 

Ski Monkey paves the way to study the Indian Ocean

By: News24Wire      12th July 2018 The sun is shining, the sea is sparkling and a whole pod of humpback whales have been putting on the most spectacular display, leaping out of the water so close you can see the white and dark patterns on their bellies. It is a thrill to be near these big mammals, and everyone on the pool deck who... 

Perfect Pairing! Ceccato and Air Service Centre jointly host successful partner day

28th June 2018 Ceccato recently partnered with distributor Air Service Centre (ASC), and hosted a successful partner day that provided customers with the opportunity to view the comprehensive Ceccato product range and to engage in one-on-one interactions with representatives from the respective companies. “In... 

The South African pharmaceutical regulatory environment

20th June 2018 The South African pharmaceutical environment is highly regulated. The most important legislative provisions are found in the Medicines Act and the Pharmacy Act. Recent amendments to the Medicines Act brought about the replacement of the Medicines Control Council, being the regulatory body that... 

Edge platform adds industrial strength to software applications

By: Schalk Burger     11th May 2018 Critical availability specialist company Stratus Technologies has launched an edge computing device that provides high availability for software applications used in industrial environments, such as mines, factories and processing facilities says Stratus Technologies consultant head Greg... 

The evolution of CBD in South Africa

2nd May 2018 By Mandi Krebs, associate at Hogan Lovells (South Africa) During the past several decades, the advances made in the life sciences and health care industries have been astounding, not to mention revolutionary. A presently obscure and experimental treatment may, in a day or week or years' time,... 

SoE invites partners to help it supply essential medicine in Southern Africa

By: Schalk Burger     14th March 2018 State-owned pharmaceutical company Ketlaphela Pharmaceutical has released an expression of interest through which it is “seeking suitable experienced pharmaceutical companies or consortiums to partner with in order to supply essential medicines to South Africa and the region at large.” The... 

Therapeutic brands help lift Aspen Pharmacare's H1 profit

By: Reuters     8th March 2018 South Africa's Aspen Pharmacare said on Thursday first-half earnings rose 26%, buoyed by a strong result from therapeutic focused brands and positive performance of the pharmaceutical business in its home market. Aspen, which counts developed Europe as its biggest revenue generator, has been... 

Ascendis launches strategic review, headline earnings increase to R535m in H1

By: Simone Liedtke     1st March 2018 Pharmaceutical company Ascendis Health has initiated a strategic business review to create a sustainable market position for itself and to accelerate organic growth following the completion of several acquisitions locally and offshore since the company's listing in 2013. The review is expected to... 

City of Johannesburg, private sector joins hands in innovative recycling project

By: Megan van Wyngaardt     30th January 2018 Adcock Ingram Critical Care, Netcare, Johannesburg Mayor Herman Mashaba and the City of Johannesburg, this week launched a project that recycles used, nonhazardous intravenous infusion drip bags and tubing made of polyvinyl chloride (PVC) to produce soles for school shoes. As part of the... 

Aspen denies knowledge of probe by US research group

By: African News Agency      9th January 2018 South African drug maker Aspen Pharmacare on Tuesday dismissed reports that its books were under scrutiny by an independent US research group, Viceroy Research, for possible accounting irregularities in its 2017 financial year. This comes after market speculation regarding a possible report into... 

Ascendis looks to settle debt through rights offer

By: Megan van Wyngaardt     19th December 2017 Ascendis Health is aiming to raise R750-million through a fully underwritten renounceable rights offer. The proceeds will be used to settle 50-million of the deferred vendor consideration payment owed to the sellers of Remedica Holdings, an international pharmaceutical business acquired in 2016,... 

Solar Project Brings Relief to Malawi Health Facilities

15th November 2017 As part of its ongoing commitment to developing the healthcare infrastructure in Malawi, the country’s Ministry of Health, through the Global Fund Project Implementation Unit (PIU), has embarked on a $3,7-million project to install solar energy at 85 health facilities nationwide. In an interview... 

Important step for local pharmaceutical industry as key pilot plant launched

By: Keith Campbell     10th November 2017 A pilot plant for the manufacture of generic active pharmaceutical ingredients (APIs) was officially opened in Pretoria on Friday. A R50-million joint project between local company CPT Pharma (CPT standing for Chemical Process Technologies), the Industrial Development Corporation (IDC) and the... 

SA Competition Commission drops cancer drugs investigation against Aspen

By: African News Agency      4th October 2017 The Competition Commission on Wednesday dropped its investigation into allegations that pharmaceutical companies, Aspen Pharmacare Holdings and Equity Pharma, were involved in excessive pricing. The Commission had in June initiated three investigations against both companies for suspected abuse... 

Adcock Ingram acquires medical products company Genop

By: Schalk Burger     12th September 2017 JSE-listed pharmaceutical company Adcock Ingram has acquired 100% of local medical instrument and pharmaceutical company Genop for an undisclosed amount. Genop is a specialised instrument, surgical and pharmaceutical products company focused on the ophthalmic, optometry, skincare, aesthetic and... 

Competition Commission swoops on pharmaceutical companies

By: African News Agency      13th June 2017 The Competition Commission on Tuesday announced that it has initiated an investigation of anti-competitive conduct into companies in the healthcare sector relating to provision of cancer medicine in South Africa. The commission said it would be investigating pharmaceutical giants like Roche,... 

Competition Commission approves Bayer, Monsanto merger

By: Anine Kilian     8th May 2017 The Competition Commission has approved, with conditions, pharmaceutical group Bayer’s proposed acquisition of agrochemical and agricultural biotechnology corporation Monsanto. The commission, however, identified competition concerns in the market for the supply of genetically modified (GM)... 

Aspen welcomes DA-initiated price-fixing probe

By: African News Agency      24th April 2017 Aspen Pharmacare on Monday issued a statement welcoming reports that South Africa’s Competition Commission had agreed to take up a request from the country’s official opposition to investigate alleged anti-competitive conduct by the company. The South African pharmaceutical company said it... 

Aspen posts good interim results, despite headwinds

By: Megan van Wyngaardt     9th March 2017 Pharmaceutical company Aspen expects to report an overall stronger underlying performance in the second half of the current financial year, after a tough six months to December 31. During the six months under review, normalised headline earnings a share increased by 6% to 692c. 

Dube TradePort secures R1.3bn pharmaceuticals investment

By: Anine Kilian     17th October 2016 Trade and Industry Minister Dr Rob Davies has signed a memorandum of agreement with Indian pharmaceutical company Cipla Biotec on the commercial terms of a R1.3-billion investment to establish Cipla Biotec’s new biosimilars manufacturing facility, at the Dube TradePort special economic zone... 

Transforming the Pharmaceutical Supply Chain in Malawi

5th September 2016 For the millions of people living with HIV/AIDS in developing countries, cost-effective, reliable, secure and sustainable supply chains can save their lives. To help improve the healthcare supply chain in Malawi, the United Kingdom and United States Governments, through the Department for... 

Adcock turns focus from survival to development

By: Natasha Odendaal     26th August 2016 After being in “remedial mode” for the past two years, JSE-listed pharmaceuticals giant Adcock Ingram is eyeing growth and development after generating healthy amounts of cash and accumulating “significant” resources during the year ended June 30. The group, which is progressing the sale of its... 

Imperial hones animal healthcare expertise in partnership with Boehringer Ingelheim

4th August 2016 Through its successful partnership with client Boehringer Ingelheim, Imperial Health Sciences has added a new dimension to its well established reputation as Africa’s leading partner in the healthcare supply chain. The company has added the distribution of veterinary medicine to its service... 

"The Circular Economy Concept And Its Impact On How We Will Manage Our Assets In The Future"

14th April 2016 This Is The Thought-Provoking Topic That Will Be Addressed By Anton Booyzen, Director Advisory Group - Energy And Transmission And Dr Raylene Watson, Principal Consultant For The Industry And Buildings Business Unit At Royal Haskoningdhv, At This Year's Saama Conference To Be Hosted At The Lord... 

CompComm approves Ascendis acquisition

By: Anine Kilian     13th April 2016 The Competition Commission has approved JSE-listed health and care brands group Ascendis Health’s application to acquire 100% of pharmaceutical business Akacia Healthcare for R345-million. The transaction, which included Akacia’s 23 000m² manufacturing facility in Isando, Johannesburg, valued at... 

South Africa to introduce new TB treatment

By: News24Wire      29th March 2016 The South African Department of Health is expected to roll out a new programme that will allow South Africans to access the latest in drug-resistant tuberculosis (DR-TB) treatment. The department is currently in talks with Japanese drug maker Otsuka Pharmaceutical to negotiate access to its DR-TB... 

First ARVs from State-owned pharmaceutical company expected by 2017

By: News24Wire      29th March 2016 During his State of the Nation Address, President Jacob Zuma announced that a State-owned pharmaceutical company called Ketlaphela had been established. He noted that “the company will participate in the supply of antiretroviral drugs to the Department of Health from the 2016/17 financial year”. 

Ascendis Health Profits Up 66% As Offshore Expansion Gains Momentum

9th March 2016 Integrated health and care brands group, Ascendis Health, delivered continued strong profit growth of 66% to R147 million in the six months to December 2015. Headline earnings for the half year grew by 48% to R131 million, with headline earnings per share up 37% to 49 cents. An interim dividend... 

Ascendis to widen international exposure, eyes Australian, European assets

By: Natasha Odendaal     9th March 2016 JSE-listed Ascendis Health has set its sights on further international acquisitive growth in Australia and Europe to improve its hard currency revenue base, as it emerged from a period of consolidation within its South African operations and following the integration of its first international... 

Pfeiffer Vacuum has set standards in leak detection for 50 years

1st March 2016 • Global range of leak detector solutions since 1966 • Leak detector using helium or hydrogen as tracer gas • New leak detectors on the market From miniature electronic units to large tanks, from escaping fluids and gases to gas ingress in vacuum systems – the requirements that leak detectors are... 

UCT launches lab to boost development of life-saving medicines

20th November 2015 The University of Cape Town’s (UCT’s) Drug Discovery and Development Centre (H3D) has launched a new chemistry laboratory aimed at boosting its efforts to develop life-saving medicines.      “The new medicinal chemistry laboratory is expected to attract significant foreign direct investment and... 

Ascendis acquires Akacia Healthcare in R345m deal

By: Megan van Wyngaardt     19th November 2015 JSE-listed health and care brands group Ascendis Health has inked a R345-million deal to acquire 100% of Akacia Healthcare’s pharmaceutical business, subject to regulatory and competition approvals.   Akacia manufactured and distributed branded generic prescription, over-the-counter and... 

Adcock reshuffles management

By: Natasha Odendaal     12th November 2015 Following on the momentum gained from several strategic initiatives over the past two years to arrest and reverse plunging earnings, pharmaceutical company Adcock Ingram has reshuffled its board. With the embattled group preparing for its “next phase of growth”, current lead independent director... 

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