ASPEN: 10,100 -553 (-5.19%)
Aspen to split South African commercial pharmaceutical business
JOHANNESBURG, March 7 (Reuters) - Multinational drugmaker
Aspen Pharmacare said it will split its South African
Commercial Pharmaceuticals business into two distinct divisions
as part of a strategic review of its South African and European
Aspen, with a presence in 56 countries spanning six
continents, said on Thusday the split would improve its focus on
products and customers.
In its half-year results statement, it said a second phase
of the review would concentrate on developing strategies
specific to each division, although it did not say what the two
divisions would be.
(Reporting by Nqobile Dludla; Editing by Kirsten Donovan)
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