Aspen Pharmacare’s turnaround now hinges on its sterile manufacturing, the costly network of injectable-drug plants it must fill. This follows last year’s collapse of a major mRNA contract. CEO Stephen Saad sums up the setback with a farmer’s phrase: “We lost the milk but not the cow.” The contract’s loss blew roughly R2bn out of the manufacturing division’s expected earnings.…
Tag: mounjaro
-
Aspen Pharmacare Earnings Jump 22% on Mounjaro Demand
Aspen Pharmacare earnings surged in its latest financial year, with normalised headline earnings per share climbing 22% on the back of booming demand for weight-loss medicines. Africa’s largest drugmaker reported the rise on Wednesday for the year ending 30 June. The standout driver was Eli Lilly’s Mounjaro, which Aspen promotes and sells across South Africa and other Sub-Saharan African markets…
-
Aspen Pharmacare Debt-Free: Strategic Shift To GLP-1 Injectables
Aspen Pharmacare has officially closed the chapter on its leveraged era. For the first time since the company was founded in 1997, CEO Stephen Saad has confirmed the group is debt-free. This significant milestone follows the massive sale of its Asia-Pacific operations (excluding China) to BGH Capital. The deal, concluded at the end of last year, was valued at A$2.37…
-
Eli Lilly 2026 Guidance Signals Momentum In Obesity Care
Eli Lilly has forecast 2026 profit and revenue above Wall Street expectations, reinforcing how fast the obesity market is reshaping Big Pharma growth plans. The recent Eli Lilly 2026 Guidance reflects the company’s confidence in strong future performance. The company also beat estimates for fourth-quarter earnings, helped by strong demand for its injectable weight-loss and diabetes medicines. For Q4, Lilly…
-
Aspen APAC Divestment Unlocks R26.5 Billion For GLP-1 Focus
Shares in Aspen Pharmacare soared by more than 20% at the close of December, following a major strategic pivot. Africa’s largest drugmaker announced a landmark agreement to sell its entire Asia-Pacific (APAC) operations – excluding China – to Australia’s BGH Capital for A$2.37 billion (around R26.5 billion). The Aspen APAC divestment comes after an unsolicited offer from the private equity…
-
GLP-1 Weight Loss Drugs Reshape Obesity Care In South Africa
South Africa’s fight against obesity has entered a decisive phase, driven by a surge in the medicalisation of treatment through GLP-1 weight loss drugs. In early 2026, two major medications, Mounjaro (tirzepatide) and Wegovy (semaglutide), have received key regulatory approvals, marking a new chapter in primary healthcare. With nearly 4.5 million South African adults living with obesity, the shift comes…
-
Lilly Hits $1 Trillion Valuation with Weight-Loss Success
In a historic milestone for the pharmaceutical industry, Eli Lilly surged to a market value of $1 trillion on Friday. It became the first drugmaker to join an exclusive club previously dominated by technology heavyweights. This event marked the moment Lilly hit a $1 trillion valuation. It highlighted the company’s rapid ascent as a global powerhouse in the weight-loss sector.…
-
Aspen Targets Mounjaro Expansion in Africa Following Approval
Aspen targeting Mounjaro expansion will bring the high-demand drug Mounjaro to Sub-Saharan Africa. Mounjaro is also known as tirzepatide. Launches across the continent are anticipated in 2026. CEO Stephen Saad confirmed this plan. He announced it in his annual letter to shareholders. The move follows major success in South Africa. It also comes after a new regulatory approval. This approval…
-
Aspen Boosted by Mounjaro: A New Era in Weight Loss
Aspen Pharmacare’s share price saw a notable increase. This followed the announcement that the high-profile diabetes drug, Mounjaro (tirzepatide), has received approval from the South African Health Products Regulatory Authority (SAHPRA) for use as a chronic weight management treatment. Aspen was notably boosted by Mounjaro’s approval, signalling a positive development for the company. The JSE-listed pharmaceutical giant confirmed that SAHPRA…
-
Cheaper Weight-Loss Drugs for Global Health Needs
\n\nThe decision directly affects the popular GLP-1 agonist drugs, including the active ingredients in brands like Ozempic, Wegovy, and Mounjaro. \n\n\n\nThe WHO’s recommendation aims to pressure pharmaceutical giants to lower prices and encourage the production of affordable generic versions. This is particularly important for people in developing countries, where they are needed most.\n\n\n\nThis move underscores the severity of the global…
-
Aspen Unlocking Value with New Manufacturing Strategies
Aspen Pharmacare’s CEO, Stephen Saad, has declared that all hands are on deck to overhaul the group’s manufacturing business. He identified the performance of its sterile unit as a significant drag on earnings. This underperformance has caused the market to undervalue the company. This move is part of Aspen’s effort to unlock value for its stakeholders and enhance its market…