Market News
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Uganda and Botswana to collaborate on vaccines research
Posted on :Friday , 28th August 2015
President Yoweri Museveni has held a meeting with former Botswana President, Sir Ketumile Masire at State House, Entebbe.Sir Ketumile Masire has been in Uganda at the invitation of the Uganda Management Institute (UMI) for a five-day International Conference on Governance and Service Delivery in Developing Economies.During the me. . .
SA\'s Ascendis acquires Farmalider stake
Posted on :Wednesday , 26th August 2015
Ascendis Health today announced its first international acquisition with the purchase of a 49% stake in Spanish pharmaceutical group, Farmalider SA, for R210 million, with a right to acquire the remainder of the business in two further tranches over the next five years.
Madrid-based Farmalider develops and manufactures mainly generic pharmaceutical products, with a . . .
Fidson to commission $38 million drug plant in Nigeria
Posted on :Wednesday , 26th August 2015
Fidson Healthcare plc will commission a N7.5 billion (US$38 million) drug-making plant this year to offer more options in the Nigerian pharmaceutical industry and grow its portfolio.
The new facility will double the company’s production capacity and will, for the first time, add intravenous fluids to Fidson’s product portfolio. The facility is expected t. . .
Mortimer Harvey Africa Middle East signs consultancy services agreement with Egyptian pharmaceutical company Rameda
Posted on :Wednesday , 26th August 2015
Mortimer Harvey Africa Middle East has signed a two-and-a-half-year consultancy services agreement with Rameda, a state-of-the-art pharmaceutical company in Egypt.
Thibaud Weick, CEO of Mortimer Harvey Africa Middle East, says the company's scope of work includes consulting, in addition to advertising and digital marketing. "We have been tasked to assist with the export to Nigeri. . .
Sappi and Boregaard expands capacity at lignin joint venture
Posted on :Wednesday , 26th August 2015
Borregaard and Sappi will increase the lignin production capacity by 20,000 tonnes at LignoTech South Africa. The added volume will be marketed to the joint venture company's existing applications and geographical markets. The investment by LignoTech is estimated at R105m (approx. US$ 8.5 million), and the project is expected to be completed in 2017.
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