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...
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...
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...
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...
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,...
SA signs deal with Novartis
Science and Technology Minister Naledi Pandor has welcomed the agreement signed between South Africa and Novartis, a Swiss pharmaceuticals company.
A Memorandum of...
Omron helps combat counterfeiting in the pharmaceutical industry
Omron’s expertise in machine automation and vision systems means it is ideally placed to advise and assist in implementing serialisation systems to reduce counterfeiting...
New HVAC motor drives for major pharmaceutical distributor
SEW-EURODRIVE has supplied MOVITRAC® LTP-B Eco HVAC drive units to DSV Healthcare of Meadowview, Johannesburg. Designed and engineered specifically to optimise fan and pump...
MUST READ
Why AI is both a risk and a priority defence tool
Cyber security in the age of AI is a key topic for the forthcoming ITWeb Security Summit, to be held in Cape Town and...