Aspen Pharmacare to target Latin America for acquisitions; Full-year results

20 September 2010

South African drugmaker Aspen Pharmacare Holdings (APN:SJ) is considering additional acquisitions in Brazil and Latin America at large, reports the journal Invest in Brazil (IiB)). The firm is keen on growing its business not only Latin America, but also in other parts of the world such as Australia, where it is in the process of acquiring the pharmaceutical Division of Sigma Pharmaceuticals in a worth around $800 million (The Pharma Letter August 16), although a shareholders’ decision is still awaited.

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