Archive for 2012

Stephen Saad named as Business Leader of the Year

STEPHEN SAAD AWARDED BUSINESS LEADER OF THE YEAR TITLE Johannesburg: Aspen Group Chief Executive, Stephen Saad, was named as the Business Leader of the Year at the annual Sunday Times Top 100 Companies banquet last night. Durban-based Stephen, who graduated from the University of Natal in 1986 with a B.Com and later qualified as a…

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Aspen’s revenue increases by 23%

JSE Ltd listed Aspen Pharmacare Holdings Limited (APN), Africa’s largest pharmaceutical manufacturer, has announced pleasing results for the year ended 30 June 2012, extending its record of growth for a fourteenth consecutive year. Group Performance Revenue from continuing operations rose by 23 percent to R15.3 billion. Operating profit from continuing operations increased by 25 percent…

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Aspen Trading Statement

APN – Aspen Pharmacare Holdings Limited – Trading statement Aspen Pharmacare Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1985/002935/06) Share code: APN & ISIN: ZAE000066692 (“Aspen”) Trading statement Aspen’s shareholders are hereby advised that diluted normalised headline earnings per share from continuing operations, headline earnings per share (“HEPS”) and earnings per…

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Aspen Global acquires Australian product portfolio for R2.2 billion

ASPEN PHARMACARE HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration number: 1985/0002935/06 Share code: APN ISIN: ZAE000066692 (“Aspen Holdings”) The Aspen Group (“Aspen”) is pleased to announce that Aspen Global Incorporated (“Aspen Global”), a wholly owned subsidiary of Aspen Holdings, has reached agreement with GlaxoSmithKline plc (“GSK”) for the acquisition of a portfolio…

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Judy Dlamini, Aspen’s Chairman’s Upper Echelon interview

“I actually want to work until the very last day of my life”, Judy Dlamini ALEC HOGG: Upper Echelon is brought to you by Deloitte – for innovative thinking and thorough strategic planning turn to Deloitte. In our Upper Echelon this week, Judy Dlamini, chair of Mbekani Investment Holdings and better known through her chair…

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Aspen businesses activate 29 Mandela Day projects globally

Durban: Aspen, one of the world’s top 10 generic pharmaceutical companies by revenue and the largest pharmaceutical manufacturer in the southern hemisphere, is activating 29 projects across 11 countries on 6 continents in celebration of 2012 Nelson Mandela International Day (“Mandela Day”). Stephen Saad, Aspen Group Chief Executive said, “We have embraced Mandela Day across…

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To rest is to rust : Financial Mail Wonderful Weekend

In my youth I imagined that I would be a professional sportsman or a game ranger. It hasn’t turned out that way, but I don’t have any regrets about the choices I have made. I believe you have to take advantage of the opportunities that are presented to you and adapt if and when necessary.…

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30 000 ARV packs delivered in Limpopo

Following discussions between the health Minister Dr Aaron Motsoaledi and Aspen Pharmacare Senior Executive Mr Stavros Nicolaou in Johannesburg, Aspen Pharmacare released 30 000 packs of Tenofovir (TDF) for the Limpopo depot earlier today. Further releases to this province are expected during the course of next week. Aspen Pharmacare is one of the two (2)…

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Statement by Aspen on the reported Tenofovir (TDF) public sector supply shortages

Statement by Aspen on the reported Tenofovir (TDF) public sector supply shortages Johannesburg: Since March this year there have been sporadic reports of Tenofovir (TDF) supply shortages in certain provinces and hospitals where patients are receiving ARV treatment. These reports seem to have manifested again this week and some allegations have emerged that the contracted…

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Stephen Saad raises R10 million for children

Health Minister supports Stephen Saad’s initiative as he raises R10m for children Durban: Health Minister Dr Aaron Motsoaledi’s support of the Sifiso Nxasana Paediatric Trust for the Children of Africa (“the Trust”), which is raising funds for paediatric hospitals, is paying off with R10 million already raised. The campaign was recently launched by pharmaceutical entrepreneur…

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Stephen Saad completes grueling 240km mountain bike challenge

Stephen Saad completes grueling Aspen Trans Karoo challenge Sutherland, Western Cape: Stephen Saad, Aspen Group Chief Executive, completed the grueling inaugural 240km Aspen Trans Karoo mountain bike challenge in 15hrs59min30sec in a bid to raise funds for desperately needed paediatric healthcare facilities in South Africa. Raynard Tissink won the endurance race in a time of…

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