Aspen to split SA commercial pharmaceutical business

Multinational drugmaker Aspen Pharmacare said it will split its South African Commercial Pharmaceuticals business into two distinct divisions as part of a strategic review of its South African and European operations. Aspen, with a presence in 56 countries spanning six continents, said on Thusday the split would improve its focus on products and customers. In its half-year results statement, it said a second phase of the review would concentrate on developing strategies specific to each division, although it did not say what the two divisions would be. Source: Rueters

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Will innovative trends help to further boost SA’s Vitamins Industry?

As the lifestyle of individuals become increasingly busy, many are seeking more efficient ways to remain fit and healthy, while also boosting their energy levels. As an alternative to traditional Vitamin pills and tablets, some people are turning to Vitamin IV drips and inhalable Vitamins. These innovative trends could potentially shape the future of the Vitamins market. Insight Survey’s latest SA Vitamins Industry Landscape Report 2019 uncovers the global and local markets based on the latest information and research. It describes the market drivers and restraints as well as the relevant global and…

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Entries now open to start-ups: Sanofi partners with Afric@Tech to accelerate healthcare innovation

Sanofi a leading life-sciences company, is looking to partner with Africa’s start-ups to assist in finding innovative solutions to improve healthcare in Africa. “Our ambition is to accelerate healthcare innovation in order to bring technological innovation to solve issues of healthcare accessibility, specialist training, and better management of chronic disease care with a specific focus on the public sector,” says Thibault Crosnier Leconte, Country Chair and RX General Manager, Sanofi South Africa. This year’s challenge is looking to improve awareness and diagnosis of patients suffering from Diabetes; access to medicines…

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Pharma sector breathes sigh of relief over 2019 pricing

Health minister Aaron Motsoaledi has gazetted the 2019 increase in the single exit price for medicines and scheduled substances, and the pharmaceutical industry believes the increase of 3.78% for the coming year better reflects the operational costs of local manufacturers. “Last year the increase was 1.2%, which was totally out of kilter with manufacturers’ operating expenses,” says Stavros Nicolaou, senior executive at Aspen and chairperson of the Pharmaceutical Task Group (PTG), which represents SA’s major drug manufacturing associations. “We have worked hard at building a constructive relationship with both the…

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Yokogawa Releases CellLibrarianTM High-content Data Management System – For improved efficiency in drug discovery and biological and medical research through the uniform management of microscopic images–

Yokogawa Electric Corporation (TOKYO: 6841) announces the release of the CellLibrarianTM high-content data management system. This system facilitates the retrieval and categorization of huge volumes of microscopic images taken for drug discovery and biological and medical research by ensuring that this data is managed in a uniform manner. The CellLibrarian image data management system is intended for use with Yokogawa’s CellVoyager series high-throughput cytological discovery systems. By offering both solutions, Yokogawa will be able to help its customers improve efficiency and accelerate their research.   High content analysis (HCA) systems…

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SA companies explore opportunities in Tunisia, Algeria

A delegation of South African companies is currently on a trade and investment mission in Tunisia and Algeria, where they are exploring export markets. The trade and investment mission, which is led by the Department of Trade and Industry (dti), will serve to promote South African products and service offerings, while creating partnerships between the business communities of the respective countries. The trade mission, which got underway on Sunday, will conclude on Thursday. Trade and Industry Minister Dr Rob Davies said the mission is aimed at advancing Tunisia, Algeria and…

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Rising cost of health care fuels self-medication

During the flu and allergy seasons, consumers turn to self-medication to build up their immune systems, preferring anti-flu tablets, cough medicines and antihistamines to avoid expensive doctor’s visits. The rising cost of healthcare means that many South Africans have far less money to spend on treatments for illness. Consumers are thus increasingly opting for self-medication, a trend encouraged by widening access to the internet. A growing number of people are researching their health concerns and potential remedies online, even before seeking the advice of pharmacists. This trend is increasing consumers’…

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Generic meds could save SA millions

Johannesburg – The word ‘generic’ may seem less appealing than the phrase “original brand”. However, if you’re ill, choosing generic medication over the original will save you money. South Africans often prefer branded medicine over generics, but the latest research from Mediscor shows that this is slowly changing, albeit not quickly enough. The research shows that last year about one in five prescriptions for patients who belonged to a medical aid favoured branded medication, although generic equivalents were available – this is costing the South African economy billions of rands…

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Minister of Trade and Industry Engages with Adcock Ingram at Local Manufacturing Facility

Midrand – Monday 08 May 2017 – The Minister of Trade and Industry, Dr Rob Davies, visited the tablet and capsule manufacturing facility of local pharmaceutical manufacturer, Adcock Ingram, on Monday 08 May.   The visit, which took place at Wadeville in Germiston, included a delegation from the dti, the senior management team of Adcock Ingram and representatives from Proudly South African. “This event is part of our ongoing programme of engagement with government, to share information and create a better understanding, especially on issues of policy affecting our industry and…

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