Share Price:

APNASPENAspen Pharmacare Hldgs9456130 (1.39%)

Regional Overviews

Aspen in Africa Middle East

The Africa Middle East region consists of 45 countries and is the second largest revenue contributor within the Group. Our commercial and sales teams support both local and international brands, each with strong brand equity, within the Commercial Pharmaceuticals segment, which accounts for 24% of total revenue.

 

One of the Group’s key manufacturing sites is located in Gqeberha, South Africa, and is equipped with advanced capabilities in high-potency and hormonal solids, vaccines, and sterile technologies. South Africa also features two additional regional manufacturing sites in Cape Town and East London. In addition, our sites in Ghana, Kenya, and Tanzania enhance the region’s manufacturing capacity.

Key Countries

Iraq
Kenya
Saudi Arabia
South Africa
Tanzania

Overview

Aranesp Imuran Mounjaro® Mybulen Ridaq Solpadeine
Anti-anaemic preparation Immunosuppressant GLP-1 agonist – diabetes and weight loss management Analgesic anti-inflammatory Diuretic Opioid analgesic
10
Products
Launched

(2024: 47)

0
Product
Recalls
(2024: 7)
0 %
Average Staff
Turnover
(2024: 9%)
0
Work-related
Facilities
(2024: 1)
100
Sales
Representatives
(2024: 237)
3919
Permanent
Employees

(June 2025)

2500
Permanent
Employees

(June 2024)

10
Products
Launched

(2022: 25)

0
Product
Recalls

(2022: 1)

0 %
Average Staff
Turnover

(2022: 13%)

Work-related
Facilities

(2022: Nil)

100
Sales
Representatives

(2022: 218)

2500
Permanent
Employees

(June 2022: 3,945)

Revenue 2025
R'million
2024 (CER)
R'million
Change
%
Commercial Pharmaceuticals 10 086 8 914 13
Prescription 4 569 4 185 9
Over the counter 3 746 3 534 6
Injectables 1 771 1 195 48
Manufacturing 481 475 1
Finished dose form 250 210 19
Active pharmaceutical ingredients 231 265 (13)
Total 10 567 9 389 13
Note: Commercial Pharmaceuticals' revenue is by customer geography and Manufacturing revenue is by place of manufacture.
CER: Constant Exchange Rate
Contribution to Group revenue (%)
2025
Rest of Group
76
Africa Middle East
24
Revenue by segment (%)
2025
Prescription
43
Over the counter
36
Injectables
17
Active pharmaceutical ingredients
2
Finished dose form
2

Source: Qlik Sense TPMG, June 2025; DVISAG, Q1 2024. IQVIA Monthly Market Feedback Report, June 2025 data period.

¹ National South Africa IQVIA TPM, June 2025 GLP-1 market excluding Saxenda.

Source: IQVIA June 2023. Sources: IQVIA TPM Moving Annual Total June 2022, IQVIA Middle East & Africa Pharmaceutical Market Insights. Released June 2022.
* Moving annual total (“MAT”).

Closed Period

Aspen is in a closed period from 1 January until the publication of our interim results on the JSE SENS platform scheduled to be released on 1 March 2023.

The live presentation will take place in Cape Town at 08h30 on 2 March 2023.