South Africa

South Africa's Aspen Pharmacare and India's Matrix Laboratories have divested their 50-50 active pharmaceutical ingredient (API) manufacturing joint ventures. Aspen will acquire 50%... 2008-10-22

Not-for-profit organisation the International AIDS Vaccine Initiative (IAVI) has given South Africa's fledgling biotech industry a significant boost, with the announcement of a grant... 2008-10-15

The South African Department of Health's annual report for 2007/2008 has indicated that there is considerable room for improvement in the allocation and use of resources. According... 2008-10-08

India's Lupin has expanded its footprint in South Africa through the acquisition of a majority 60% stake in local firm Pharma Dynamics. The stake in Pharma Dynamics should allow Lupin... 2008-09-19

In the face of disappointing financial results, India's Strides Arcolab has agreed to the sale of its Latin America joint venture, Strides Latina, to its partner, South Africa's Aspen... 2008-09-18

South Africa's New Clicks has acquired a 60% stake in courier pharmacy chain Direct Medicines for ZAR13.2mn (US$1.7mn). As part of the deal, which is subject to regulatory approval,... 2008-08-15

Demonstrating South African drugmaker Aspen Pharmacare's strategy of expansion in sub-Saharan Africa, the company has acquired a 60% stake in Tanzania's Shelys Pharmaceuticals from... 2008-08-12

South Africa has published a draft national policy on African Traditional Medicine (ATM) with the aim of 'institutionalising' ATM in the country's healthcare system. The move is in... 2008-08-06

US-based Emergent Biosolutions has announced a joint venture with the University of Oxford for the development of a tuberculosis (TB) vaccine. The Oxford-Emergent Tuberculosis Consortium... 2008-07-29

The UK's GlaxoSmithKline (GSK) has entered into an agreement with South Africa's Aspen Pharmacare, which it hopes will accelerate its sales in emerging markets. BMI believes that... 2008-07-24