ASPEN Pharmacare has issued a stark warning to investors. They are signalling a potential R2 billion plunge in core earnings for its 2025 financial year. This is due to the significant Aspen Pharmacare manufacturing dispute detailed this week. In a regulatory filing on Tuesday, Aspen alerted shareholders to emerging risks. It highlighted a “material contractual dispute” with an unnamed contract…
Category: Archive
Every Health Matters article, newest first. Use the search or browse by month to find older reporting.
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NHI Advertising Campaign Proceeds Despite HIV Funding Shortfall
Health Minister Aaron Motsoaledi has confirmed that the Department of Health will proceed with its planned R65.9 million NHI advertising campaign. This decision comes despite facing a severe funding shortfall for critical HIV/AIDS programmes. The Minister cited the need to combat “irrational and negative propaganda” surrounding the NHI as the primary reason for continuing the campaign. HIV Funding Gap Sparks…
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Lilly’s Orforglipron Shows Significant Weight Loss in Phase 3 Trial
Eli Lilly has announced promising results from a Phase 3 trial of its oral drug, orforglipron. The trial demonstrated significant efficacy in reducing weight and blood sugar levels in patients with type 2 diabetes. Significant Weight Loss and Blood Sugar Control with Orforglipron In the 40-week study, patients taking orforglipron lost up to 7.9% of their body weight (approximately 16…
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Clicks Interim Results Driven by Loyalty and Digital Sales
JSE-listed Clicks Group has released its Clicks interim results for the six months ending February 2025. They report impressive resilience and strategic accomplishments in the health and beauty retail sector. The group noted a 13.2% rise in headline earnings per share (HEPS). Clicks credits its robust earnings performance to several crucial factors. These include significant market share growth in its…
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Mediclinic AI Strategy Targets R2 Billion Savings Amid Job Freezes
Mediclinic announced major operational changes. The hospital group aims to achieve R2 billion in annual savings. Mediclinic set this goal for the 2027 financial year. A pivot to Artificial Intelligence drives this shift. This forms the core of the new Mediclinic AI strategy. Mediclinic is transforming its corporate landscape. It has frozen new non-essential hires. Mediclinic now offers voluntary severance…
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African Pharmaceutical Procurement: A Path to Self-Sufficiency
A pooled system for African pharmaceutical procurement is crucial. Africa must reduce its dependence on imported medicines. Delegates at a G20 event reached this conclusion. The discussion highlighted Africa’s vulnerability in its supply chain. The COVID-19 pandemic exposed this. Recent US and European aid cuts emphasised this. The Need for African Pharmaceutical Procurement Africa’s lack of local production is a…
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Hiring Healthcare Professionals to Address Shortages
South Africa’s public health sector has received a potential boost. The National Health Council approved R1.78 billion. The funds are dedicated to hiring healthcare professionals. This offers hope to many unemployed health graduates. It also addresses the country’s critical staffing shortages. Hiring Healthcare Professionals to Address Gaps The NHC is the country’s top health decision-making body. It has earmarked the…
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HIV Funding Cuts and Their Impact on South Africa
US funding cuts for HIV relief could be devastating. South Africa may see a resurgence of the epidemic. A new study predicts many additional HIV infections. This could be between 150,000 and 295,000 by 2028. The study shows the impact of HIV funding cuts in South Africa. The National Department of Health commissioned the study. Researchers from UCT and Wits…
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Suicide Leads Unnatural Deaths in Discovery Life Data
Discovery Life’s 2024 payout data is stark. It shows a rise in claims for unnatural deaths. Suicide leads all unnatural deaths and has become the most significant cause. It alarmingly surpasses road accidents and crime. The report highlights a staggering statistic. 35% of these claims were for suicide. This puts it ahead of road accidents at 23%. Crime-related deaths accounted…
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The Ascendis Health Turnaround: From Debt to Profitability
Ascendis Health was once a darling of the JSE. It was listed in 2013. Its aggressive global plan nearly led to collapse, but now The Ascendis Health Turnaround is aiming to rectify past mistakes. Excessive debt fueled the company’s strategy. The plan to create a health giant faltered. Acquisitions lacked synergy, and offshore assets underperformed. The massive debt burden proved…
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Trump’s Pharmaceutical Tariffs to Boost US Manufacturing?
The Trump administration is preparing new trade measures. These plans could reshape the global drug industry. Trump’s pharmaceutical tariffs target imported medicines and their core ingredients. This follows the President’s “America First” agenda. He uses tariffs to protect American industries. These measures aim to help US manufacturing flourish. They also reduce dependency on other nations. The Goal Behind Trump’s Pharmaceutical…