South Africa’s Aspen has made multiple strategic moves, including divesting its Japanese business to Sandoz and selling its local Phekolong Pharmaceuticals South African subsidiary to Laurus Labs, as part of efforts to better position itself in the face of “challenging” market conditions.
South Africa’s Aspen Pharmacare says that its recent strategic moves to divest its Japanese business to Sandoz and sell its local Phekolong Pharmaceuticals South African subsidiary to Laurus Labs are helping it to better position itself in the face of “challenging” market conditions.
According to Aspen, “the completion of the divesture of the Japanese business and the discontinuation of the commercial South African...
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Steffen Wagner has taken over as Stada’s head of Germany, adding to his existing responsibilities in Europe, after Eelco Ockers stepped down from the role. Ockers’ departure comes as German generics giant Stada restructures its business to bring its branded and consumer health interests into closer alignment as part of a more streamlined model.
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