Sector: Health Care
The company is available at Interactive Brokers
Aspen Pharmacare Holdings Limited (JSE:APN) is a global specialty and branded pharmaceutical company, improving the health of patients across the world through its high quality and affordable products. Active at every stage of the value chain, Aspen is uniquely diversified by geography, product and manufacturing capability, positioning it well to maximise the value it create for the business and its diverse stakeholders.
Aspen supplies medicines to more than 150 countries and has 70 established business operations in 55 countries.
The company focuses on marketing and manufacturing a broad range of post-patent, branded medicines and domestic brands covering both hospital and consumer markets through its key business segments:
Commercial Pharmaceuticals
Regional Brands – a widely diverse segment comprising predominantly leading domestic brands in the Sub-Saharan Africa, Australasia and Latin American territories.
Sterile Focus Brands – focused on niche, sterile products comprising our Anaesthetics Brands and Thrombosis Brands.
Manufacturing
Contract and supply of chemical and biochemical APIs and finished dose form (“FDF”) pharmaceuticals for third parties
Semi-Annual values ($m)
Change (y/y)
FCF ($m)
Net Debt / Cash and Equivalents ($m)
EV / EBITDA
Potential dynamics
African efforts to produce Covid-19 vaccines on the continent may face a setback amid a dearth of orders for the injections.
2022-04-14 15:30 +02:00
South Africa has asked Johnson & Johnson and Pfizer to delay delivery of Covid-19 vaccines because it now has too much stock.
2021-11-24 11:14 +02:00
Enoch Godongwana says topping his “to-do list” to bolster economic growth includes reforming the country’s electricity supply and assigning spectrum.
2021-10-01 16:30 +02:00
JSE-listed IT services group EOH Holdings plans a secondary listing on A2X Markets, with its shares to available to trade from Friday, 13 August.
2021-08-05 11:30 +02:00JSE:PRX JSE:NPN JSE:SOL JSE:SLM JSE:APN JSE:MRP JSE:MTM JSE:AVI JSE:JSE JSE:FBR JSE:EOH JSE:ISA
President Cyril Ramaphosa extended bans on alcohol sales and most public gatherings for two weeks as the government struggles to bring a third wave of coronavirus infections under control.
2021-07-12 06:18 +02:00
South Africa, the country with the worst confirmed coronavirus outbreak in Africa, is yet to provide clarity on how it plans to order vaccines, even as the global race to secure inoculations accelerates.
2020-12-03 06:28 +02:00
South Africa’s weak economy and poor growth prospects have hidden the “phenomenal” potential for the shares in some locally focused companies to deliver returns for investors, according to Old Mutual Investment Group.
2020-11-04 13:00 +02:00JSE:MTN JSE:VOD JSE:SHP JSE:APN JSE:OMU JSE:ITE JSE:MSM JSE:RBX JSE:ISA JSE:SSK
Aspen Pharmacare is working to ensure it can manage demand for a generic anti-inflammatory drug that was shown to improve survival in Covid-19 patients.
2020-06-18 09:47 +02:00
About two weeks ago, Praekelt.org, a non-profit foundation that runs a WhatsApp service on maternal well-being for South Africa’s health department, proposed setting up a similar programme to keep people informed about the coronavirus.
2020-03-23 06:22 +02:00
It’s not even the end of the first quarter and already there’s a plethora of once-significant South African companies that have either collapsed or had their share prices hit the wall.
2019-03-13 12:59 +02:00JSE:AGL JSE:AMS JSE:IMP JSE:APN JSE:SNH JSE:JSE JSE:BLU JSE:EOH JSE:TON
LONDON (Reuters) -Novo Nordisk has contracted Aspen Pharmacare to produce human insulin on its behalf in South Africa for export to African countries through a low-cost government tender system, the Danish drugmaker said on Tuesday.
2023-09-19Novo Nordisk has contracted Aspen Pharmacare to produce human insulin on its behalf in South Africa for export to African countries through a low-cost government tender system, the Danish drugmaker said on Tuesday.
2023-09-19JOHANNESBURG (Reuters) -South African drugmaker Aspen Pharmacare is close to signing four partnerships to revive its COVID-19 vaccine production lines that are generating no revenues, its CEO said, sending its shares up almost 10% in the day.
2023-03-01JOHANNESBURG (Reuters) -Africa`s top public health body said on Thursday it was hopeful South African pharmaceutical firm Aspen Pharmacare would get orders for its own brand COVID-19 vaccine.
2022-08-11JOHANNESBURG (Reuters) -South Africa`s Aspen Pharmacare`s COVID-19 vaccine production lines may soon go idle, and without any new orders it could be forced to pivot to manufacturing other products, a senior executive said on Wednesday.
2022-08-10
* Company cannot maintain idle production lines indefinitely (Updates with J&J and additional Aspen executive comment)
2022-08-10South Africa`s Aspen Pharmacare will stop making COVID-19 vaccines from the end of this month due to a lack of orders, a senior executive said, further undermining Africa`s already meager capacity to produce doses.
2022-08-10JOHANNESBURG (Reuters) -International agencies and charitable foundations providing COVID-19 vaccines for Africa should order African-made vaccines, South African President Cyril Ramaphosa told a global COVID-19 summit on Thursday.
2022-05-12Aspen Pharmacare will switch about half of its COVID-19 vaccine production capacity onto other products if demand doesn`t pick up within six weeks, its CEO warned, as South Africa`s president and health officials urged more Africans to take up the shots.
2022-05-05Africa`s top public health body urged all those purchasing COVID-19 vaccines for the continent to place orders with South Africa`s Aspen Pharmacare, saying the market was key to developing vaccine manufacturing on the continent.
2022-05-05JOHANNESBURG (Reuters) -South Africa is close to reaching a five-year target for new investment, President Cyril Ramaphosa said on Thursday as he sought to drum up further backing for the pandemic hobbled economy.
2022-03-24
* New investments span manufacturing, mining, pharma sectors (Updates with new investment figures, additional quote from Ramaphosa)
2022-03-24JOHANNESBURG (Reuters) -South Africa`s Aspen Pharmacare will start supplying its branded COVID-19 vaccine to African nations by June, its chief executive told Reuters on Wednesday, after the drugmaker reported a 37% rise in profit for the half-year to Dec. 31.
2022-03-09
* Aspen shares up 5% as half year profit jumps by 37% (Recasts with CEO interview)
2022-03-09CAPE TOWN (Reuters) -South African-American businessman Patrick Soon-Shiong opened a new vaccine plant in Cape Town on Wednesday, intended to help his local NantSA company make COVID-19 shots in future and address the continent`s deadly dearth of manufacturing capacity.
2022-01-19
South African-American businessman Patrick Soon-Shiong opened a new vaccine plant in Cape Town on Wednesday, intended to help his local NantSA company make COVID-19 shots in future and address the continent`s deadly dearth of manufacturing capacity.
2022-01-19
South African-American businessman Patrick Soon-Shiong opened a new vaccine plant in Cape Town on Wednesday, intended to help his local NantSA company make COVID-19 shots in future and redress the continent`s lack of manufacturing capacity.
2022-01-19South Africa`s Aspen Pharmacare took a step towards a licensing deal to package and sell Johnson & Johnson`s COVID-19 vaccine in Africa, announcing on Tuesday it had signed non-binding terms with subsidiaries of the U.S. drugmaker.
2021-11-30JOHANNESBURG (Reuters) -South Africa has asked Johnson & Johnson and Pfizer to delay delivery of COVID-19 vaccines because it now has too much stock, health ministry officials said, as vaccine hesitancy slows an inoculation campaign.
2021-11-24
South Africa has asked Johnson & Johnson and Pfizer to delay delivery of COVID-19 vaccines because it now has too much stock, health ministry officials said, as vaccine hesitancy slows an inoculation campaign.
2021-11-24GQEBERHA, South Africa (Reuters) -South Africa`s Aspen Pharmacare is aiming to ramp up its COVID-19 vaccine manufacturing capacity to 1.3 billion doses a year by February 2024, up from a current annual output of around 250 million doses, the company`s CEO told Reuters on Monday.
2021-10-27
South Africa`s Aspen Pharmacare is aiming to ramp up its COVID-19 vaccine manufacturing capacity to 1.3 billion doses a year by February 2024, up from a current annual output of around 250 million doses, the company`s CEO told Reuters on Monday.
2021-10-25
* To ramp up to 300 mln doses/yr by Dec, CEO says (Adds details from CEO interview, minister comments)
2021-10-25Aspen Pharmacare said on Thursday it was in talks to make Johnson & Johnson`s coronavirus shot under licence in South Africa, at what would be the continent`s first major independent distribution base for a global vaccine against COVID-19.
2021-09-02BRUSSELS (Reuters) -The European Commission said on Thursday it had reached a temporary agreement with South Africa to use a plant there to bottle Johnson & Johnson COVID-19 vaccines that are being imported into the EU, after criticism of the arrangement.
2021-08-19JOHANNESBURG (Reuters) -South Africa`s Aspen Pharmacare will supply the first batch of Johnson & Johnson COVID-19 vaccine to the country from July 26, the drugmaker said on Monday.
2021-07-26
South Africa`s Aspen Pharmacare will supply the first batch of Johnson & Johnson COVID-19 vaccine to the country from July 26, the drugmaker said on Monday.
2021-07-26South Africa`s president said on Monday the "selfish, unjust" refusal of pharmaceutical companies and allied Western governments to entertain emergency patent waivers on COVID-19 vaccines was endangering the entire world.
2021-06-21JOHANNESBURG (Reuters) -South African President Cyril Ramaphosa said on Tuesday that Johnson & Johnson would send 2 million COVID-19 vaccine doses to the country by the end of the month, making up for the amount lost due to contamination at an U.S. ingredient supplier.
2021-06-16
South African President Cyril Ramaphosa said on Tuesday that Johnson & Johnson would send 2 million COVID-19 vaccine doses to the country by the end of the month, making up for the amount lost due to contamination at an U.S. ingredient supplier.
2021-06-15JOHANNESBURG (Reuters) -Johnson & Johnson (J&J) will export more ready-to-administer COVID-19 vaccines to South Africa beyond the 300,000 doses already pledged, the CEO of Aspen Pharmacare said on Monday.
2021-06-14
South African health inspectors on Sunday said they will not release Johnson & Johnson COVID-19 vaccines that may have been contaminated during production at a U.S. plant.
2021-06-13South African President Cyril Ramaphosa said on Monday that if wealthy nations hogged COVID-19 shots while millions in poor countries died waiting for them it would amount to "vaccine apartheid".
2021-05-10South Africa`s rand edged higher early on Monday in thin trade ahead of a national holiday, with traders unlikely to take many big bets ahead of some key data due later in the week.
2021-04-26
South Africa`s largest logistics company Imperial Logistics has been awarded the tender to import COVID-19 vaccines for the second and subsequent phases of the country`s vaccination programme, it told Reuters on Thursday.
2021-04-22A South African business lobby group called on Monday for the government to shift the emphasis on its vaccine programme to target the elderly and vulnerable sooner, to prevent hospitals being overrun in a third wave of COVID-19 infections.
2021-03-22
* Businesses want elderly to be part of first phase vaccination
2021-03-22
South Africa`s Aspen Pharmacare Holdings warded off a possible hefty EU antitrust fine after regulators accepted the pharceutical company`s offer to cut cancer drug prices in Europe by about two-thirds in a landmark case aimed at deterring excessive prices.
2021-02-10South African pharmaceutical company Aspen is set to avoid a potentially hefty EU antitrust fine, with regulators poised to accept its offer to cut cancer drug prices in the coming weeks, two people familiar with the matter said.
2021-02-03South Africa`s rand firmed on Friday, as investors found some comfort in news that the country has secured COVID-19 vaccines for healthcare workers and that the rollout should start sooner than anticipated after criticism of delays.
2021-01-08South Africa`s two biggest pharmacy chains Clicks Group and Dis-Chem Pharmacies said they plan to offer COVID-19 shots at their stores and provide storage and distribution facilities in the vaccine rollout programme once the government provides more details.
2021-01-08
Aspen Pharmacare could start production of Johnson & Johnson COVID-19 vaccines in South Africa by late March or early April if all approvals are in place, a senior company executive said.
2021-01-07South African pharmaceutical company Aspen Pharmacare said on Monday it had reached a preliminary agreement with Johnson & Johnson to commercially manufacture its COVID-19 vaccine candidate, sending its shares higher.
2020-11-02
South African pharmaceutical major Aspen Pharmacare Holdings Ltd said on Thursday it is planning to expand its portfolio in emerging markets through a mix of organic growth and acquisitions, as part of a new strategy.
2020-09-10
South African drugmaker Aspen Pharmacare has agreed to sell the rights to its European thrombosis business to U.S. pharmaceutical company Mylan for almost 642 million euros ($759 million), sending its shares up 7% on Tuesday.
2020-09-08
South Africa`s pharmaceutical giant Aspen Pharmacare Holdings Ltd said on Monday the company had sufficient local capacity to produce injections to meet any demand surge for dexamethasone.
2020-06-22South African drugmaker Aspen Pharmacare Holdings Ltd reported a small rise in earnings in the first half of the 2020 financial year on Thursday and said the coronavirus outbreak would impact its performance.
2020-03-05
* Aspen reviewing manufacturing and procurement processes (Adds coronavirus details, outlook)
2020-03-05Novartis is buying the Japanese generics unit of South Africa`s Aspen Pharmacare in a deal worth up to 400 million euros ($440.80 million) to expand in the world`s third-biggest drug market, the Swiss drugmaker said on Monday.
2019-11-11The U.S. Food and Drug Administration (FDA) has approved Aspen Pharmacare`s hydroxyprogesterone caproate (HPC), which is used to prevent preterm birth in pregnant women, the South African drugmaker`s CEO said on Thursday.
2019-09-12
South Africa`s rand rallied in afternoon trade on Thursday as the European Central Bank`s new stimulus measures and mutual concessions by the United States and China in their trade dispute buoyed risk appetite, while stocks also gained.
2019-09-12
* Intends to restart heparin supply to third-parties (Adds details)
2019-09-11British authorities said on Wednesday South Africa`s Aspen Pharmacare Holdings Ltd has agreed to pay the National Health Service (NHS) 8 million pounds ($9.65 million) to resolve concerns related to overpayment for a treatment.
2019-08-14Aspen Pharmacare said on Monday that Mylan NV had exercised an option to buy the South African drugmaker`s portfolio of prescription and over-the-counter products in Australia for 188 million Australian dollars ($130 million).
2019-05-20
South Africa`s rand firmed on Monday, helped by increasing demand for emerging market currencies amid a slew of disappointing economic data in developed markets and growth warnings from central banks.
2019-03-11
South African drugmaker Aspen Pharmacare on Monday launched a triple-combination tablet for the treatment of HIV in the country where the virus is most prevalent.
2018-11-26
