BMI View: This quarter has seen local generic drugmaker Adcock Ingram receive two further non-binding proposals for the company’s takeover, highlighting the long-term commercial opportunities represented by the South African and regional generic drug markets. BMI believes increasing international interest and competition in the local generic drug industry is likely contributing to Aspen Pharmacare’s recent ramp up of its global expansion policy. This ramp up is illustrated by the company’s proposed acquisitions of various multinationals’ business units. Headline Expenditure Projections ? Pharmaceuticals: ZAR30.45bn (US$3.84bn) in 2012 to ZAR34.07bn (US$3.63bn) in 2013; +11.9% in local currency terms and -8.0 % in …
No comments:
Post a Comment