The share price of private medical healthcare providers and pharmaceuticals has dropped significantly since the release of the National Health Insurance Bill last week.
Aspen Pharmacare has agreed to sell its infant formula business to Lactalis for 12.9 billion rand ($865 million) to focus on core activities while the French buyer looks to revive its baby milk expansion after a health scandal.
The R1 billion high containment facility opened by Aspen Pharmacare at its Port Elizabeth plant is set to create about 500 jobs. The company currently has 2000 employees at the plant and 90% of these employees are from the Nelson Mandela Bay Metro. The company is also in the process of establishing Training Academy to […]