Aspen opens $80mn manufacturing facility in South Africa

By Sophie Chapman
Share
The South African pharmaceutical firm, Aspen Pharmacare, has opened a new high-containment facility, located in Port Elizabeth, in the south coast of th...

The South African pharmaceutical firm, Aspen Pharmacare, has opened a new high-containment facility, located in Port Elizabeth, in the south coast of the nation.

The Johannesburg Stock Exchange-listed company has invested R1bn (US$80mn) into the site, marking the first of three new plants.

The firm aims to become a world leader in the niche pharmaceuticals market, and will use highly equipped facilities to enable the complex manufacturing required in the field.

The 23,000sqm site will have the capacity to produce 3.6bn tablets per annum, and package 3mn bottles per month.

SEE ALSO:

Aspen anticipates that 90% of its production will be export across the globe, manufacturing medication for cancer and Parkinson’s disease, such as alkeran, leukeran, purinethol, and benztropine.

“High-containment facilities are not readily found globally and present a strategic domestic and export opportunity,” commented Stephen Saas, CEO of Aspen Pharmacare.

“With this new facility, it is anticipated that around 95% of these new products are to be exported with target markets in Latin America, Europe, Asia and Africa with the first exports expected to Europe,” remarked Rob Davies, South Africa's Minister of Trade.

The firm has also confirmed that it will be investing an additional R2bn ($160mn) to build two sterile plants, used to produce anesthetic and injectable thrombosis medicines.

Share

Featured Articles

SAVE THE DATE – Manufacturing & Mobility LIVE Chicago 2025

Manufacturing Digital announces its first dedicated Manufacturing & Mobility LIVE Event in Chicago on 4 and 5 June 2025

Sandvik Coromant: How to Survive AI and Thrive

Identifying the trends and impacts of AI on manufacturing, Sandvik's whitepaper argues that AI is here to stay and shares how manufacturers can adapt

Shiseido & Accenture: AI-the Best Skincare Solution?

As the beauty industry grows ultra competitive, Shiseido has partnered with Accenture to set themselves apart from the competition through Industry 4.0

Assembling the Future: Huawei's New Smart Factory Offerings

Smart Manufacturing

Tata & Analog Devices Drive Indian Electronics Manufacturing

Technology

UK Manufacturing Day: The Experts Weigh In

Production & Operations