Liquidators appointed to manage end to Community Medical Aid Scheme

The CMS says the provisional liquidation of Commed was preceded by several processes including the placement of the scheme under provisional curatorship

Ascendis rights offer benefits investor

Coast 2 Coast takes up almost all the 37.5-million new shares offered in the pharmaceutical company’s R750m cash call

Advanced Health sees rise in patients

Shares rally as admissions rise 45% in November at day hospitals after company reported a wider loss at SA operations in August

Sanofi pins hopes on new drugs after setbacks

Some investors have voiced discontent with the group’s product pipeline

Novartis drug could signal new era in treatment of nonHodgkin lymphoma

It works by harvesting a patient’s own disease-fighting T-cells, genetically engineering them to target specific proteins on cancer cells, and replacing ...

Sage shares soar as new drug to treat depression aces phase 2 trials

Thursday’s data back SAGE-217’s mechanism, which is different from other treatments approved by the FDA in the last two decades

Ascendis to buy all of Kyron Labs

Ascendis will acquire 100% of Kyron’s issued share capital and debt for R450m

Aspen targets more China partnerships

The pharmaceutical group’s ‘key’ offices in Beijing, Shanghai and Guangzhou now have all the necessary business licences

Foreigners buy declining Ascendis shares

Foreign shareholders now hold nearly 22% of Ascendis’s shares, from just over 5% about 18 months ago

Foreign boost for Life Healthcare

UK and Indian assets help raise revenue despite stronger rivals

Desalination one of Netcare’s options

Plant fitted at hospital in drought-hit Cape Town, but group is also looking into reusing sewage water at facilities across the country

WATCH: What will cure Netcare’s headache?

CEO Richard Friedland talks to Business Day TV about how the company plans to navigate tough economic conditions

Life Healthcare’s growth is short-term pain for shareholders

Revenue surged 27%, but finance costs dragged after-tax profit down more than 40% and a rights issue diluted earnings per share, as the group funds two big ...

Netcare plans to restructure its UK business

Subject to conditions, Netcare will buy out minority shareholders in the UK within ‘a few weeks’

Mediclinic drops Spire takeover bid

The private hospital group says it could not reach a deal with the independent directors of Spire

Netcare share drops sharply as group falls into full-year loss — but maintains dividend

The hospitals operator was hit by a disappointing performance in its UK operations, compounded by unfavourable currency movements, and an accounting error in ...

ANC Conference 2017

Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.