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Pharmaceuticals News

Lifesaving medicines could compromise hearing
Some medications can cause a loss of hearing, offering an ototoxic risk. A prime example is the risk associated with TB medication. 26 Mar 2013
Bidvest wants to buy Adcock Ingram
Bidvest's offer for 60% of Adcock Ingram's shares is in line with its strategy of buying under-performing assets at their lowest ebb‚ according to analysts. 25 Mar 2013
Asia-Pacific region drives Aspen's revenue growth
SA's biggest drug manufacturer Aspen Pharmacare expects its Asia-Pacific business to generate the biggest share of the company's revenue by the end of the year‚ its chief executive Stephen Saad said at the release of its interim results for the six months to December. 8 Mar 2013
With over 100 000 non-prescription or over-the-counter (OTC) medicines and self-care knowledge readily available, cash-strapped South Africans needn't compromise their health simply because they cannot afford a doctor consultation or prescription medicine. 29 Jan 2013
Drug companies disappointed by low price rise
Pharmaceutical companies will be allowed to hike their private sector prices by a maximum of 5.8% this year‚ the Department of Health announced on Tuesday (22 January) - a move that is likely to disappoint the local manufacturing industry. 24 Jan 2013
Adcock Ingram buys Indian pharmaceutical company
Adcock Ingram on Friday, 18 January 2013, announced the completion of the acquisition of Cosme Farma Laboratories Limited, a pan-Indian pharmaceutical company based in Goa, India for R745 million. 21 Jan 2013
Sub-Saharan Africa offers significant opportunities for SA's pharmaceutical manufacturing companies‚ as a growing middle class and an increasing disease burden push up demand for medicines‚ according to research by Frost & Sullivan. 17 Jan 2013
With the R1,4bn contract to supply the state with antiretroviral (ARV) drugs, Cipla Medpro SA has found a remedy for its struggling manufacturing division - at least for the next two years. 16 Dec 2012
South Africa's third biggest pharmaceutical company Cipla Medpro announced on Monday (26 November) that its chief financial officer Chris Aucamp had resigned with immediate effect‚ but would remain a director of one of its subsidiaries Medpro Pharmaceutical until at least the end of March. 27 Nov 2012
The Centre for Drug Evaluation and Research of the Food and Drug Administration (FDA) has accepted Adcock Ingram's Research and Development (R&D) facility, which is located in Aeroton, south of Johannesburg. Adcock Ingram's R&D facility is registered with the Medicines Control Council (MCC) as a current Good Manufacturing Practice facility. 2 Nov 2012
Aspen has launched Enze-Lact capsules and drops, aimed at those who have difficulty digesting lactose containing milk or food products. The symptoms of lactose intolerance include diarrhoea, bloating, flatulence and abdominal pain. 25 Oct 2012
Cipla Medpro's (CMP) suspended CEO‚ Jerome Smith‚ has resigned on the eve of a disciplinary hearing against him‚ a move that analysts say may pave the way for a takeover of the local pharmaceutical company‚ Business Day reported on Monday, 8 October 2012. 8 Oct 2012
Cipla Medpro (CMP) on Monday announced in a note that its suspended CEO‚ Jerome Smith‚ is facing more than 20 charges ranging from gross misconduct to gross dishonesty. 8 Oct 2012
Going for gold: chemists find new way to create 'building blocks' for drugs
A new way to prepare biaryls - compounds that are essential building blocks in the creation of drugs and many modern materials such as LEDs - using gold as a catalyst is described by researchers from the University of Bristol in this week's edition of Science. Gold catalysis is easier, cheaper and more environmentally friendly than current methods which use palladium as a catalyst. 2 Oct 2012
Pharmaceutical group Cipla Medro (CMP) said on Friday, 21 September 2012, it had received notification from the Takeover Regulation Panel (TRP) that it intended to conduct an investigation into the affairs of the company relating to a potential affected transaction. 26 Sep 2012
The healthcare industry on Wednesday, 12 September, welcomed the formalisation of the Marketing Code Authority (MCA), which will oversee the South African Marketing Code of Practice, at the Authority's first annual general meeting. Lauded internationally for achieving collaboration and participation of all industry participants - including pharmaceuticals, medical devices, laboratory and diagnostics and animal health products - the code serves as an important step towards guiding the ethics of the local healthcare industry. 14 Sep 2012
Diversified healthcare company Litha Healthcare Group is in talks with an undisclosed party to secure a technology transfer for flu vaccines‚ it said on Thursday. 5 Sep 2012
To help combat counterfeit medicines in Zambia, the Global Pharma Health Fund (GPHF), a charitable initiative funded by the German pharmaceutical, chemical and life science company Merck, has presented four mobile compact laboratories to the Zambian Pharmaceutical Regulatory Authority (PRA) that is part of the Ministry of Health. 31 Aug 2012
Pierre Bosch re-elected PIASA president
The Pharmaceutical Industry Association of South Africa (PIASA) has announced that Pierre Bosch, Area Director sub-Saharan Africa for Alcon Laboratories, has been re-elected as the industry body's president for 2012/2013. 16 Aug 2012
The Department of Health has awarded its first tender aligned with the government's latest industrial policy which gives preference to local manufacturers, boosting business for some of SA's biggest drug firms. 7 Aug 2012
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