SED Initiatives | Aspen Pharmacare /category/media/sed-initiatives/ Wed, 30 Oct 2024 13:23:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 /wp-content/uploads/2022/07/favicon-150x150.png SED Initiatives | Aspen Pharmacare /category/media/sed-initiatives/ 32 32 Aspen partners with PinkDrive to mobilise cancer screening /aspen-partners-with-pinkdrive-to-mobilise-cancer-screening/ Wed, 30 Oct 2024 13:23:34 +0000 /?p=15366 Aspen has contributed towards the funding of a new mobile cancer screening clinic for rural and peri-urban disadvantaged communities.

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Johannesburg – Aspen Pharmacare, (“Aspen”), the South African subsidiary of the Aspen Group, a global speciality and branded multinational pharmaceutical company, has partnered with PinkDrive NPC, a recognised leader in cancer screening and awareness, to contribute towards the funding of a new mobile cancer screening clinic.

The fourth mobile clinic in the PinkDrive fleet will bring critical gender-related cancer screening to rural and peri-urban disadvantaged communities that don’t have immediate access to medical facilities.

Stavros Nicolaou, Aspen Group Senior Executive Strategic Trade, said, “Our country and continent is experiencing a curve in non-communicable diseases, (“NCD”) and cancers are one of the most prominent contributors to this surge.  If left un-arrested, NCD’s will eventually overwhelm our healthcare system with broader dire economic, social and societal consequences.  Many concerns can be managed and/or treated through early detection and intervention.  Early screening in particular remains highly effective.  As an organisation highly committed to and invested in positively contributing to solving among the most intractable of public health challenges, Aspen is privileged to partner Pink Drive in delivering a fully equipped mobile clinic that will assist resource-constrained and underfunded communities in confronting the scourge of cancer.  These patients usually only receive access to treatment when they are diagnosed at a highly advanced stage of disease, mostly with limited prospect of survival, with the oblivious devastating consequences on families.”

The PinkDrive fleet of cancer screening mobile clinics provides mammograms and clinical breast examinations, pap smears, PSA testing for prostate cancer and education on breast, cervical, prostate and testicular cancer.

Breast cancer is the most commonly occurring cancer in women worldwide and is estimated to affect one in eight women.  If caught early and treated appropriately, the prognosis is excellent. In South Africa, HPV infections and cervical cancer also pose significant public health challenges. Despite existing interventions, the delay in testing often results in missed treatment opportunities, exacerbating the burden of gender-related cancer in the country.


“PinkDrive aims to address this crisis with our unique mobile cancer screening units which contain state-of-the-art screening equipment managed by specialised medical personnel who are empathetic to the difficulties experienced in the community and how to address issues in local languages at various education levels allows us to have a measurable impact on our beneficiaries. With support from our funders, we can extend our fleet of trucks to reach more people in more areas,” explains Noelene Kotschan, CEO and Founder of PinkDrive NPC.

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Aspen’s Mandela Day programme changes more than 910 000 lives over 14 years /aspens-mandela-day-programme-changes-more-than-910000-lives-over-14-years/ Wed, 17 Jul 2024 14:28:11 +0000 /?p=15166 Durban – JSE Limited listed Aspen Pharmacare Holdings Limited (“Aspen”), a global specialty and branded pharmaceutical company, is celebrating its 14th consecutive year of Group-wide participation in Mandela Day. Stephen Saad, Aspen Group Chief Executive said, “ Aspen has a track record of improving access to healthcare to all patients but more particularly the… Continue reading Aspen’s Mandela Day programme changes more than 910 000 lives over 14 years

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Durban – JSE Limited listed Aspen Pharmacare Holdings Limited (“Aspen”), a global specialty and branded pharmaceutical company, is celebrating its 14th consecutive year of Group-wide participation in

Stephen Saad, Aspen Group Chief Executive said, “ Aspen has a track record of improving access to healthcare to all patients but more particularly the most vulnerable among us. This spirit of care extends beyond healthcare to many socio-economic development (“SED”) initiatives. We have so many challenges to address, that it can seem overwhelming. However, with one step at a time, we can move forward. Today, we celebrate serving more than 910 000 individuals through projects across more than 40 countries, and I honour our employees who are at the very heart of making a difference and who are the heroes of our Mandela Day programme. With every 10th person in the world impacted by poverty[1], we recognise that every effort, no matter how big or small, offers a promise of hope to those in need.”

“We remain committed to an unwavering humanitarian spirit and actions that demonstrate generosity, humility and care and encourage others to join us and help make a difference to the most vulnerable among us,” added Saad.

, recognised as the Group’s flagship SED campaign, was initiated in 2011 and has focused on partnering with worthy beneficiaries across the six continents where Aspen has a business presence. The programme has assisted in providing relief to abandoned, neglected, orphaned or abused babies, children and women; the elderly, hungry and homeless; individuals inflicted with mental wellness challenges; students who strive to achieve academically; those who are disabled; victims of political conflict; residents at social rehabilitation institutions; healthcare facility patients who need support and equipment; environmental and climate challenges; and inequality, among others.

[1] https://ourworldindata.org/poverty

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Aspen backs Donald Ramphadi to bring home the gold in upcoming mobility impaired tennis championships /aspen-backs-donald-ramphadi-to-bring-home-the-gold-in-upcoming-mobility-impaired-tennis-championships/ Mon, 06 May 2024 11:54:51 +0000 /?p=15107 Johannesburg, South Africa – Aspen Pharmacare Holdings Limited (“Aspen”), a global multinational specialty pharmaceutical company, has presented a state-of-the-art high performance wheelchair to South African wheelchair tennis star Donald Ramphadi. Ramphadi, a French-open double quads champion and a prominent figure in wheelchair tennis, reached his maiden Grand Slam final at the Australian Open Wheelchair… Continue reading Aspen backs Donald Ramphadi to bring home the gold in upcoming mobility impaired tennis championships

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Johannesburg, South Africa – Aspen Pharmacare Holdings Limited (“Aspen”), a global multinational specialty pharmaceutical company, has presented a state-of-the-art high performance wheelchair to South African wheelchair tennis star Donald Ramphadi.

Ramphadi, a French-open double quads champion and a prominent figure in wheelchair tennis, reached his at the Australian Open Wheelchair Championships in January 2024. He is undeterred by his impaired mobility and his by the International Tennis Federation is testament to his talent.

On the occasion of the presentation, Stavros Nicolaou, Aspen Senior Executive Strategic Trade said, “Aspen is honoured to support Donald Ramphadi ahead of his 2024 season when he takes to international courts to defend his title at the Paris Paralympics in France, among many others. We also laud Donald for his nomination in the 2024 Sportsman of the Year with a Disability category. In recent years we recognized Donald’s exceptional athletic talent, his unwavering dedication to wheelchair tennis and his dreams of bringing back gold for South Africa. Aspen subsequently facilitated the customisation and provision of a state-of-the-art high performance wheelchair tailored to his unique requirements to assist him in reaching his athletic goals. This action endorses Aspen’s commitment to inclusivity, accessibility, and the empowerment of athletes with disabilities. It is also aligned to our philosophy of embracing sports, arts and culture as powerful unifiers to promote healthy lifestyles and reduce the disease burden on our healthcare system.”

An overjoyed Donald Ramphadi said, “I am so grateful for this generous donation from Aspen which is a major boost ahead of the 2024 Paris Paralympics in France. I’ve previously played in matches where I’ve had to retire my lead because of my wheelchair which naturally shattered many dreams. I’m excited about this wheelchair and I’m more determined than ever to up my game and take everything that I can in the upcoming tournaments that I compete in.”

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vlog announces additional pharmaceutical donations for Ukranian patients /aspen-announces-additional-pharmaceutical-donations-for-ukranian-patients/ Mon, 25 Mar 2024 10:10:04 +0000 /?p=15042 Johannesburg, South Africa – Aspen Pharmacare, Africa’s largest pharmaceutical company, has announced continued humanitarian support to Ukraine, confirming further donations of critical care products to treat hospitalized patients who have been impacted by the ongoing conflict in that country. Stavros Nicolaou, Aspen Group Senior Executive Strategic Trade, said, “Aspen is highly sensitised to… Continue reading vlog announces additional pharmaceutical donations for Ukranian patients

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Johannesburg, South Africa – Aspen Pharmacare, Africa’s largest pharmaceutical company, has announced continued humanitarian support to Ukraine, confirming further donations of critical care products to treat hospitalized patients who have been impacted by the ongoing conflict in that country.

Stavros Nicolaou, Aspen Group Senior Executive Strategic Trade, said, “Aspen is highly sensitised to the human suffering that war and conflict brings and which has had a devastating impact on innocent civilians. We are pleased to announce that we are further extending our support to Ukrainian victims of the present-day conflict with much needed pharmaceutical products and we are in the process of despatching additional supplies of Fraxiparine (for emergency surgeries) and Alkeran (for cancer) to treat patients in Ukrainian hospitals. We remain committed to providing ongoing humanitarian relief to victims of both natural and manmade disasters as may be necessary.”

Aspen recently hosted His Excellency, former President of the Ukraine, Viktor Yushchenko during an official visit to South Africa. On this occasion he said, “I am deeply grateful to Aspen for the invaluable humanitarian support provided to the people of Ukraine at this very tragic time. Aspen has helped countless Ukrainians with generous donations of life-saving critical care medicines. Aspen’s ongoing support reaffirms their understanding of the horrors of war, and demonstrates their unwavering care for innocent patients who are in desperate need of pharmaceutical products. I thank Aspen for their contributions to date as well as their commitment to providing more products to treat our patients.”

One of the more important initiatives in this humanitarian collaboration with Her Excellency Ambassador and Plenipotentiary of Ukraine to South Africa, Liubov Abravoitova, concerns donations of Alkeran primarily used for the treatment of paediatric cancer patients at the Odessa Filatov Institute of Ophthalmology. She said, “We thank Aspen for its solidarity with Ukrainian people and support to Ukraine with donations of life-saving medicines, as well as for its cooperation with the Embassy of Ukraine in South African in humanitarian projects.” Aspen’s latest Alkeran donation has been expedited specifically to assist in the treatment of a six year old patient who is at risk of losing her only eye.

In March 2022 Aspen dontated life-saving medicines for 62000 surgeries in Ukraine and also helped to evacuate South African medical students who were stranded in war-torn Ukraine.

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Aspen hosts Mandela Day for 13th consecutive year, having reached 865000 beneficiaries /aspen-hosts-mandela-day-for-13th-consecutive-year-having-reached-865-000-beneficiaries/ Tue, 18 Jul 2023 15:42:45 +0000 https://aspenholdings2.wpengine.com/?p=14393 Durban – JSE Limited listed Aspen Pharmacare Holdings Limited (“Aspen”), a global specialty and branded pharmaceutical company, is participating in Mandela Day for the 13th consecutive year with more than 60 activities in 23 countries. Stephen Saad, Aspen Group Chief Executive said, “Now, more than ever, communities globally are in desperate need of various… Continue reading Aspen hosts Mandela Day for 13th consecutive year, having reached 865000 beneficiaries

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Durban – JSE Limited listed Aspen Pharmacare Holdings Limited (“Aspen”), a global specialty and branded pharmaceutical company, is participating in Mandela Day for the 13th consecutive year with more than 60 activities in 23 countries.

Stephen Saad, Aspen Group Chief Executive said, “Now, more than ever, communities globally are in desperate need of various forms of aid. They are deeply reliant on non-governmental organisations, the corporate sector, private non-profit organisations and local communities. Global poverty, social, political and environmental challenges coupled with limited healthcare resources are only a few of the hardships that desperate citizens are facing on unprecedented levels. Our employees have embraced Aspen’s Mandela Day campaign since we first launched our initiative in 2011 and we have remained committed to demonstrating an unwavering humanitarian spirit of generosity, humility and care for those who are less fortunate. During 2023 we will reach 865 000 beneficiaries since first engaging in Mandela Day, with activities focused on addressing poverty, confronting climate change and contributing to alleviating inequality. Our Mandela Day campaign has become our Group flagship socio-economic development initiative, and our employees are the heroes behind this effort. I am again encouraged to note the heartfelt commitment of Aspen’s teams from 23 countries who deliver on our purpose to improve health and quality of life of patients (and marginalised citizens) through this campaign.”

Through Mandela Day, we live our ethos of Healthcare. We Care as we partner with a range of beneficiaries across 6 continents. These causes provide relief for abandoned, neglected, orphaned or abused babies, children and women; the elderly, hungry and homeless; individuals battling mental wellness challenges; students who yearn to be educated; those who are disabled; victims of political conflict; residents at social rehabilitation institutions; healthcare facility patients who are in dire need of support and equipment; environmental and climate challenges; and inequality, among others.

Read more about Aspen’s Mandela Day activities at , follow us on , or .

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Aspen donates life-saving emergency relief to patients in Turkey and Syria /media/aspen-group-news/aspen-donates-life-saving-emergency-relief-to-patients-in-turkey-and-syria/ Thu, 16 Feb 2023 13:19:37 +0000 https://aspenholdings2.wpengine.com/?p=13077 Johannesburg – Aspen, a leading global specialty and branded multinational pharmaceutical company, has positively responded to humanitarian calls for relief following the devastating 7.8 magnitude earthquake, along with a series of strong tremors and aftershocks, that tore through southeast Turkey and northwest Syria on 6 February 2023.   Stavros Nicolaou, Aspen Group Senior Executive Strategic… Continue reading Aspen donates life-saving emergency relief to patients in Turkey and Syria

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Johannesburg – Aspen, a leading global specialty and branded multinational pharmaceutical company, has positively responded to humanitarian calls for relief following the devastating 7.8 magnitude earthquake, along with a series of strong tremors and aftershocks, that tore through southeast Turkey and northwest Syria on 6 February 2023.

Stavros Nicolaou, Aspen Group Senior Executive Strategic Trade Development said, “Aspen has a reputation of responding to regional pandemics and humanitarian crises, both in our country and internationally. This is consistent with our core business philosophies of building sustainable communities where we have a presence and providing humanitarian relief to communities impacted by catastrophic events. The earthquakes experienced in both Syria and Turkey have devastated families and communities and inflicted significant human suffering. At these times we need to demonstrate a spirit of Ubuntu and stand in solidarity with vulnerable societies as we have done in the past. Aspen has responded by donating humanitarian relief in the form of critical care medicines which are used in emergency surgeries as well as thousands of blankets to ward off freezing conditions that are leading to patients contracting infections and becoming severely ill from hypothermic complications.”

Her ExcellencyMs Aysegul Kandas, Turkish Ambassador to South Africa, said, “On behalf of the government and people of Türkiye, I express my heartfelt appreciation for the outpouring of support and generosity from Aspen Pharmacare and the people of South Africa in response to the recent disaster that has befallen our country. Your donations of medicines, blankets, and other humanitarian relief items will provide much-needed aid to those affected by this tragedy. Your kindness and compassion have given us hope during this difficult time and I hope that this action will inspire others to join us in our efforts to help those in need. I believe that efforts like these will further strengthen the friendly ties between the peoples of Türkiye and South Africa.”

Aspen confirmed that the critical care medicines and blankets are on route to Turkey and are expected to arrive in that country in due course. Aspen has a strong business presence in the Middle East and also distributes a range of pharmaceutical products in this territory.

Aspen has engaged in similar relief efforts by donating life-saving medicines to treat 62000 patients in the Ukraine and also repatriating 25 South African students who were stranded in that country at the onset of the war. It also donated thousands of medicines to Lebanon during the gas explosion that decimated parts of Beirut. Domestically, Aspen significantly contributed to restoring medical services in KwaZulu-Natal (“KZN”) following the rioting and looting that took place in that province in July 2021, and it has provided relief to victims of flooding in KZN where communities were devastated by natural disasters.

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Aspen partners with HappiMe to support Jiyana Secondary School /media/aspen-group-news/aspen-partners-with-happime-to-support-jiyana-secondary-school-2/ Fri, 12 Aug 2022 11:41:18 +0000 https://aspenholdings2.wpengine.com/?p=10254 Stavros Nicolaou, far left with students who gratefully received Aspen’s donation of computers and tablets. Johannesburg – Aspen Pharmacare, a leading global specialty and branded multinational pharmaceutical company, has donated 25 computers and 30 tablets to Jiyana Secondary School which produced one of the top performing students in Ekurhuleni in 2021. This donation forms… Continue reading Aspen partners with HappiMe to support Jiyana Secondary School

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Stavros Nicolaou, far left with students who gratefully received Aspen's donation of computers and tablets.

Johannesburg – Aspen Pharmacare, a leading global specialty and branded multinational pharmaceutical company, has donated 25 computers and 30 tablets to Jiyana Secondary School which produced one of the top performing students in Ekurhuleni in 2021.

This donation forms part of the “Gender Equality Today for a Sustainable Tomorrow” program of the United Nations and involved a collaboration between Aspen, HappiMe and the South African Presidency, where the Ministry of Women and Children is hosted.

In March 2022, vlog also refurbished Jiyana’s computer laboratory and provided additional equipment to enhance learning within this area of the school’s curriculum. These donations exemplify Aspen’s ongoing dedication towards ensuring the empowerment of our youth, women and South Africa’s future leaders.

Aspen, together with the HappiMe Foundation, also donated sanitary pads for 894 girls in support of Women’s Month and as part of the Help a Girl Child Pad Drive in a bid to address and assist in combating the prevalent issue of period poverty, which has caused the stigmatisation and associated absence of female scholars.

Stavros Nicolaou Aspen Group Senior Executive Strategic Trade said, “Aspen is fully committed to the future of our young people and these donations represent a gateway to quality education and future leadership opportunities. These students already have capable teachers, so providing this additional support will give them a further advantage and assist in prospectively producing additional top achieving students at the end of the academic year. The donation of hygiene products is in line with our key sustainability goals of ensuring healthy lives and promoting well-being for all at all ages, as well as achieving gender equality and empowering women and girls.”

Aspen officially handed over the donation together with the Deputy Minister in the Presidency, Ms Thembi Siweya who said, “We want to thank Aspen for this positive gesture and their keen interest in community development. We hope that the school management and learners will look after this equipment and use it to improve the learning outcomes.”

Dr Keorapetse Tabane-Hlongwa, founder of the HappiMe Foundation who qualified as the first black medical oncologist in South Africa in 2008, initially approached Aspen to partner with the HappiMe Foundation in their dedicated fight against period poverty. This Foundation strives to provide sanitary towels to girls in disadvantaged communities in order to combat unnecessary school absenteeism. Dr Tabane-Hlongwa said, “We hope to connect with and inspire them, their story echoing ours, having grown up in similar communities as them. We want girls to be reminded that they can, they matter, they are seen, that they are.”

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Aspen hosts more than 800 Mandela Day activities over 12 years /media/aspen-group-news/aspen-hosts-more-than-800-mandela-day-activities-over-12-years-2/ Mon, 18 Jul 2022 08:52:12 +0000 https://aspenholdings2.wpengine.com/?p=10197 “Our purpose, To improve the health and quality of life of patients is closely aligned to the ethos of Mandela Day. This has been clearly demonstrated through our endeavours to provide citizens across the continent with vaccines which are manufactured in South Africa for Africa.”   Durban – JSE Limited listed Aspen Pharmacare Holdings Limited… Continue reading Aspen hosts more than 800 Mandela Day activities over 12 years

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Stephen Saad, Aspen Group Chief Executive

“Our purpose, To improve the health and quality of life of patients is closely aligned to the ethos of Mandela Day. This has been clearly demonstrated through our endeavours to provide citizens across the continent with vaccines which are manufactured in South Africa for Africa.”

 

Durban – JSE Limited listed Aspen Pharmacare Holdings Limited (“Aspen”), a global specialty and branded pharmaceutical company, has hosted more than 800 activities over 12 years in celebration of the annual Nelson Mandela International Day (“Mandela Day”).

Stephen Saad, Aspen Group Chief Executive said, “Our purpose, To improve the health and quality of life of patients is closely aligned to the ethos of Mandela Day. This has been clearly demonstrated through our endeavours to provide citizens across the continent with vaccines which are manufactured in South Africa for Africa. Aspen has participated in Mandela Day since 2011 and we continue to endorse the campaign which this year calls on people across the world to “Do what you can, with what you have, where you are”.  Our employees have shown their humanitarian spirit celebrating Mandela Day globally in spite of the limitations imposed by the COVID-19 pandemic. They have stood firm and continued to reach out and make a difference in the lives of others, particularly during recent years when the world needed a touch of kindness the most.”

“Through Mandela Day, we live our ethos of Healthcare. We Care as we work alongside an extensive range of beneficiaries across 6 continents,” added Saad. “These include abandoned, neglected, orphaned or abused babies, children and women; the elderly, hungry and homeless; individuals dealing with mental wellness challenges; students who are eager to be educated; those who are disabled; victims of the Ukrainian conflict; residents at social rehabilitation institutions; and healthcare facilities and their patients who are in dire need of support and equipment, among others.”

The Nelson Mandela Foundation’s focus for 2022 is to promote community and home-based gardens, supporting fruit and indigenous tree planting, and creating awareness of the intersections between food security and climate change. Similarly, a number of Aspen’s activities include environmental efforts such as tree planting; garden maintenance, preservation and enhancement; repackaging, repurposing and distributing surplus food; recycling and fighting pollution.

Aspen’s Mandela Day projects cover a wide spectrum of initiatives that include healthcare, nutrition, education, social enhancement and development, infrastructural improvements, animal wellbeing, preserving the environment, and providing employees with the opportunity to show kindness to citizens of all ages from all walks of life.

Since initiating our annual Mandela Day Campaign in 2011, Aspen has impacted the lives of some 880 000 beneficiaries through more than 810 projects hosted across 40 countries.   Read more about Aspen’s Mandela Day activities at , follow us on , or and engage on social media via #aspenmandeladay.

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Aspen donates life-saving surgical anaesthetics for about 240 000 Lebanese patients /media/aspen-group-news/aspen-donates-live-saving-surgical-anaesthetics-for-about-240-000-lebanese-patients/ Mon, 20 Jun 2022 11:49:26 +0000 https://aspenholdings2.wpengine.com/?p=10166 Aspen’s donation of anaesthetics to Lebanese patients Johannesburg, South Africa – Aspen Global Incorporated, a subsidiary of Pharmacare Limited, Africa’s largest pharmaceutical company, has donated a second supply of life-saving anaesthetics to Lebanon to facilitate surgical interventions to treat an additional 79 000 patients. This donation follows on Aspen’s donation of anaesthetics and oncology products sent… Continue reading Aspen donates life-saving surgical anaesthetics for about 240 000 Lebanese patients

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Aspen's donation of anaesthetics to Lebanese patients

Johannesburg, South AfricaAspen Global Incorporated, a subsidiary of Pharmacare Limited, Africa’s largest pharmaceutical company, has donated a second supply of life-saving anaesthetics to Lebanon to facilitate surgical interventions to treat an additional 79000 patients. This donation follows on Aspen’s donation of anaesthetics and oncology products sent to Lebanon in November 2021 to enable the treatment of more than 160500 patients. Both donations were graciously shipped at no charge by CMA CGM Group from Belgium to Beirut.

On 4 August 2020 the world’s largest non-nuclear ammonium nitrate blast occurred in Beirut, claiming the lives of more than 200 civilians and leaving more than 300000 homes damaged and destroyed. This catastrophe occurred at a time when the country was experiencing its worst economic decline in decades. The resultant financial and humanitarian crisis has escalated unabated amid the COVID-19 pandemic, banking restrictions and further economic decline.

Stavros Nicolaou, Aspen Senior Executive, Strategic Trade said, “Aspen’s primary focus is to save lives and to treat patients around the world with our high quality products, irrespective of their circumstances. The economic and humanitarian crisis being experienced in Lebanon has had a crippling impact on its people, who deserve optimal healthcare, access to critical care, surgical and life-saving interventions. We are pleased to be able to provide a second donation of life-saving anaesthetics to Lebanon, particularly given their dire situation and shortage of critical medical supplies. As the largest manufacturer of anaesthetics outside the United States, we are confident that these donations will contribute towards the recovery of Lebanese patients who are in desperate need of treatment.”

“We are grateful for the collaborative efforts between Mr Kabalan Frangieh, Ambassador of Lebanon to South Africa, Dr Firas Abiad, Minister of Public Health in Lebanon and multiple resources within Aspen who have facilitated these donations.”

Mr Kabalan Frangieh, Ambassador to Lebanon in South Africa, said, “When the embassy started the campaign, we never dreamt that we would be able to make such a difference in the lives of the people in Lebanon. That was until Aspen heard our call and gracefully donated a substantial amount of anaesthetic and oncology products when Lebanon was in great need. The donations of vlog and CMA CGM Group, together with the coordination of Lebanon’s Honorary Consul in Madagascar Mrs Michelle Azar-Hiridjee, made all the difference to our Lebanese patients.”

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vlog announces R500 million investment at 4th SAIC /media/aspen-group-news/aspen-announces-r500-million-investment-at-4th-saic/ Thu, 24 Mar 2022 09:41:13 +0000 https://aspenholdings2.wpengine.com/?p=10035 Johannesburg, South Africa – Aspen Pharmacare, a global specialty and branded pharmaceutical company and Africa’s largest pharmaceutical company, has announced a further investment of some R500 million to its flagship pharmaceutical manufacturing site in Gqeberha. The announcement comes in the wake of more than R8 billion which Aspen has already invested in this world class… Continue reading vlog announces R500 million investment at 4th SAIC

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Johannesburg, South Africa – Aspen Pharmacare, a global specialty and branded pharmaceutical company and Africa’s largest pharmaceutical company, has announced a further investment of some R500 million to its flagship pharmaceutical manufacturing site in Gqeberha.

The announcement comes in the wake of more than R8 billion which Aspen has already invested in this world class manufacturing site in the Eastern Cape. Implementation of the project commenced in November 2021 and the investment will provide additional capacity for fill and finish of a range of sterile products including vaccines.

Addressing guests at the South Africa Investment Conference hosted by President Cyril Ramaphosa, Stavros Nicolaou, Aspen Group Senior Executive Strategic Trade said, “Aspen remains committed to South Africa – this is where our roots are, so Gqeberha is a natural base from which to expand our manufacturing capacity for the African continent. This additional investment in capacity expansion will increase output of our 2R vaccine vials from 60 million to 150 million per annum and it will assist Africa in addressing the unequal distribution of vaccines and provide enhanced capacity for pandemic preparedness.”

As a strong advocate of local partnerships, Aspen has engaged engineering consultants and contractors from Gqerberha and Johannesburg for the project which is expected to complete in March 2023. Aspen’s highly specialised sterile pharmaceutical manufacturing facilities at the site provide employment and skills development opportunities to nearly 500 employees.

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