Business & Industry

on strike

South African pharmaceutical workers launch pay strike

South African pharmaceutical workers began an indefinite wage strike on Friday, a day after a similar work stoppage in the petrochemical sector. Like their colleagues in the mining, oil and manufacturing sectors, they are seeking higher-than-inflation wage increases, something policymakers say are a danger to an already weak economy. Pharmaceutical workers want a 9 percent

aspen

Aspen buys rights to Astra Zeneca’s anesthetics

South Africa-based Aspen Pharmacare purchased the rights to AstraZeneca’s anesthetics portfolio outside the US in an externalization deal that will provide funds for the latter to invest in new drugs. Under the terms of the agreement, AstraZeneca is entitled to an upfront payment of $520 million, sales-related payments of $250 million and trademark royalties. Aspen,

IFC extends facility to Nigeria pharmacy chain, HealthPlus

The International Finance Corporation (IFC), a member of the World Bank Group, has announced an agreement with HealthPlus Limited and CasaBella International Limited to provide a $5 million loan facility that will help the two companies expand pharmaceutical and personal care services in Nigeria.

NovaBay-Pharma-Logo-101912

NovaBay signs distribution agreement with the Biopharm Group

NovaBay Pharmaceuticals, a biopharmaceutical company focusing on the development and commercialization of its non-antibiotic anti-infective products, has signed an exclusive distribution agreement for NovaBay’s NeutroPhase Skin and Wound Cleanser with the Biopharm Group, a leading pharmaceutical company in the Middle East, headquartered in Cairo, Egypt. Under the terms of the agreement, Biopharm will market NeutroPhase

Deals

OphamEdit-620x264

FMO, Adenia in leading pharmaceutical distributor in Madagascar

In the latest deal for its €96 million Fund III, Mauritius-headquartered private equity firm Adenia Partners is taking an undisclosed stake in Opham, a pharmaceutical products wholesaler in Madagascar. A family office and Dutch Development bank FMO invested alongside Adenia in the deal. The capital will be used to expand Opham’s operations, which currently distributes more

Policy & Regulatory Affairs

The Medicines Patent Pool Signs First Sub-licences for Hepatitis C Medicine Daclatasvir

Four companies to help speed access to curative direct-acting antiviral in 112 low- and middle-income countries The Medicines Patent Pool (MPP) has announced its first round of sub-licences for the generic production of Bristol-Myers Squibb’s daclatasvir, a direct-acting antiviral that is proven to help cure multiple genotypes of the hepatitis C virus. Generic companies Cipla,

The Medicines Patent Pool Signs First Sub-licences for Hepatitis C Medicine Daclatasvir

Four companies to help speed access to curative direct-acting antiviral in 112 low- and middle-income countries The Medicines Patent Pool (MPP) has announced its first round of sub-licences for the generic production of Bristol-Myers Squibb’s daclatasvir, a direct-acting antiviral that is proven to help cure multiple genotypes of the hepatitis C virus. Generic companies Cipla,

Pharma Projects

Centurion%20facilityb

Imperial invests in new, multimillion, state-of-the art warehousing

In order to optimise its logistics services to the healthcare sector, Imperial Health Sciences is expanding. The Imperial Logistics group company has announced an investment a new, multimillion, state-of-the art warehousing and additional office space at its Centurion head office. Managing director Lara Haigh reveals that the business needed additional capacity following its diversification into

Plans set for new ARV production plant in Ghana

Oxford International Biomedical Ventures (OIBV), the ‘commercial arm’ of  United Kingdom-based charitable organisation Oxford International Biomedical Centre (OIBC) and the Government of Ghana (GoG) led by the Ministry of Environment, Science and Technology (MEST), are set to jointly establish a plant to manufacture anti-retroviral drugs and drugs for Priority Endemic Diseases in Ghana, OIBC said in a

Press Releases

International

Health: Call for Applications: UNESCO – MERCK Africa Research Summit – MARS 2016 in partnership with African Union and Ethiopia Ministry of Health

The “UNESCO Merck Africa Research Summit-MARS 2016” (www.UNESCO-MARS.com) is slated to take place in Addis Ababa, Ethiopia on the 28th and 29th of November with scientific support from UNESCO (United Nations Educational, Scientific and Cultural Organization), African Union, Ethiopia Ministry of Health, the University of Cambridge and Institute Pasteur International. The UNESCO MARS is organized annually

Health: Call for Applications: UNESCO – MERCK Africa Research Summit – MARS 2016 in partnership with African Union and Ethiopia Ministry of Health

The “UNESCO Merck Africa Research Summit-MARS 2016” (www.UNESCO-MARS.com) is slated to take place in Addis Ababa, Ethiopia on the 28th and 29th of November with scientific support from UNESCO (United Nations Educational, Scientific and Cultural Organization), African Union, Ethiopia Ministry of Health, the University of Cambridge and Institute Pasteur International. The UNESCO MARS is organized annually

Top