Aspen aims to put loss-making factories to work
Drugmaker expects to finalise deals within the next six months to help use idle capacity
04 March 2024 - 15:12
Aspen Pharmacare expects to finalise deals within the next six months to help use idle capacity at its loss-making factories, it said on Monday.
Africa’s biggest pharmaceutical manufacturer invested more than R10bn in its sterile manufacturing facilities in France and SA, which make injectable products. These facilities were knocked by the lack of anticipated demand for Covid-19 vaccines, which Aspen had hoped to sell under its own brand in Africa...
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