Ascendis Health

ASCENDIS PROFIT UP 28% AS HALF YEAR REVENUE TOPS R4 BILLION

57% of earnings generated outside South Africa

March 2, 2018

MEDIA RELEASE 1 March 2018 Johannesburg – Ascendis Health today reported a 27% increase in revenue to R4 billion for the six months to December 2017, driven by the strong performance of the group’s international operations which grew revenue by 50% to R1.9 billion. The health and care brands group increased operating profit for the […]

ASCENDIS HEALTH APPOINTS THOMAS THOMSEN AS NEW CHIEF EXECUTIVE

Johannesburg – JSE-listed health and care group Ascendis Health today announced the appointment of Thomas Thomsen as chief executive officer with effect from 1 March 2018.

February 27, 2018

MEDIA RELEASE 27 February 2018 Johannesburg – JSE-listed health and care group Ascendis Health today announced the appointment of Thomas Thomsen as chief executive officer with effect from 1 March 2018. London-based Thomsen (48) is currently the chief operating officer of Ascendis. He will succeed Dr Karsten Wellner (57) who has been the CEO of […]

ASCENDIS HEALTH FORTIFIES ITS INTERNATIONAL AND LOCAL POSITIONING WITH ANNOUNCEMENT OF STRATEGIC ACQUISITIONS.

Ascendis Health recently declared the acquisitions of Sunwave Pharma SRL and NHP Natural Health Pharma Ltd unconditional, together with Cipla Agrimed Proprietary Limited and Cipla Vet Proprietary Limited.

June 8, 2017

MEDIA RELEASE 05 June 2017 Ascendis Health recently declared the acquisitions of Sunwave Pharma SRL and NHP Natural Health Pharma Ltd unconditional, together with Cipla Agrimed Proprietary Limited and Cipla Vet Proprietary Limited. In early March Ascendis – the fast growing JSE-listed heath and care brands group – proposed acquiring the Eastern European company, Sunwave […]

ASCENDIS SALES TOP R3 BILLION AS HEADLINE EARNINGS UP 105%

Cape Town – Listed health and care brands group Ascendis Health increased revenue by 66% to R3.1 billion in the half year to December 2016 as the business significantly increased international sales following two major acquisitions in Europe.

March 8, 2017

MEDIA RELEASE 8 March 2017 Cape Town – Listed health and care brands group Ascendis Health increased revenue by 66% to R3.1 billion in the half year to December 2016 as the business significantly increased international sales following two major acquisitions in Europe. Ascendis has grown revenue at a compound rate of 78% over the […]

Acquisition of 100% of Cipla Agrimed Proprietary Limited and Cipla Vet Proprietary Limited

Cape Town – Ascendis Health, the high growth health and care brands group, is to purchase the southern African veterinary operations of Cipla India for R375 million. Cipla Vet (companion animals) and Cipla Agrimed (commercial animals) sell a range of high quality animal medicines. The business was established in 2004 and the sale follows the decision by Cipla India to divest its southern African veterinary operations to focus on human health care only in South Africa.

March 6, 2017

MEDIA RELEASE 6 March 2017 – ASCENDIS TO ACQUIRE CIPLA VETERINARY BUSINESS FOR R375 MILLION Cape Town – Ascendis Health, the high growth health and care brands group, is to purchase the southern African veterinary operations of Cipla India for R375 million. Cipla Vet (companion animals) and Cipla Agrimed (commercial animals) sell a range of […]