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Tag: Pharmaceuticals

Ascending the debt pile

CAPE TOWN-based pharmaceuticals giant Ascendis – which was concocted by Steenberg-based private equity investor Coast2Coast – remains under serious debt stress. Ascendis had been looking to capitalise on unsolicited interest in its...

South Africa may ask pharma firms for fee to clear drug review backlog

Drugmakers in Africa’s largest pharmaceutical market may be asked to pay a “backlog fee” to help clear a pipeline of medicines waiting years for approval, according to a proposal being considered...

Lowest price increase in decade could see several Pharma companies exit market

Health Minister Aaron Motsoaledi, gazetted a 1.26% single exit price (SEP) increase for medicines and scheduled substances in December 2017. This lowest SEP increase in a decade - second only to...

Ascendis barking up the right tree

Steenberg-based health brands conglomerate looks intent to fatten up its phyto-vet offering after recently paying R375m to acquire the South African agrimed and vet businesses of Indian-owned pharmaceutical giant Cipla. ...

Swiss Acino acquires Litha Healthcare

Acino, a Swiss pharmaceutical company, has acquired South Africa’s Litha Healthcare. Litha, headquartered in Johannesburg, provides services and products to public and private hospitals, pharmacies, general and specialist practitioners, as well as government law enforcement programmes. ...

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In the years ahead, what is your ambition for your business?

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