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  • Aspen scoops prized Adam Smith Treasury Award
    on 22.07.2020

    Michael Shuttleworth, Aspen Group Treasury Executive Aspen’s Group Treasury Team was recently recognised when they were awarded the highly acclaimed Adam Smith 2020 Best In Class Treasury Solution In Africa Award. Gus Attridge, Aspen Group Deputy Chief Executive, shared in the good news of the award and said, “Congratulations Michael, and the whole Group Treasury team, for this well-deserved recognition.” Aspen's Group Treasury Team (l-r): Hymie Shapiro, Michael Shuttleworth and Crispen Katsukunya Michael Shuttleworth, Group Treasury Executive said, “We knew from the start that this was an ambitious project and there were times when it seemed like we wouldn’t get there. Winning the Adam Smith 2020 Best In Class Treasury Solution in Africa award is a shining testament to the innovation, dedication and teamwork of the many talented people at Aspen Pharmacare and BNP Paribas who were and continue to remain involved in the conception, design, implementation and running of this solution. I am immensely proud of what we have achieved.” The Adam Smith Awards are now in their 13th year and are recognised throughout the globe as the ultimate benchmark of corporate achievement. The standard of submissions this year was of the very highest level, with 187 nominations spanning 24 countries. The post Aspen scoops prized Adam Smith Treasury Award appeared first on Aspen Pharmacare.

  • Aspen celebrates a decade of participation in Mandela Day
    on 17.07.2020

    Johannesburg - JSE Limited listed Aspen Pharmacare Holdings Limited (APN), a global multinational specialty pharmaceutical company, is celebrating its 10th year of participation in the annual Mandela International Day (Mandela Day) campaign. Stephen Saad, Aspen Group Chief Executive Stephen Saad, Aspen Group Chief Executive said, “We participated in our first initiative in 2011 when we partnered with the Rekopane Inclusive Development Centre based in Germiston, Gauteng. Through a multi-phased initiative we helped to improve the environment for the some 50 mentally and physically challenged children who were based at the Centre. Little were we to know at that time, that our annual Mandela Day initiative would gain such significant momentum and be implemented across our businesses in some 40 countries.” “Our employees continue to drive our Mandela Day campaign and it’s always encouraging to see their involvement and enthusiasm as we collectively strive to make a meaningful difference in the world. Every action, irrespective whether it is financial, physical, emotional or a gesture of sincere kindness, contributes toward uplifting someone who is less fortunate. Although participation is voluntary, it has been widely embraced and many employees have become active contributors to worthy causes in a personal capacity since being exposed to Mandela Day. This attitude is particularly pleasing as it is so closely aligned with our ethos of displaying respect while instilling a spirit of dignity in disadvantaged citizens and it speaks so closely to our credo of Healthcare. We Care.” Despite the global ravages of the COVID-19 pandemic, Aspen has continued with its Mandela Day efforts and is, dependent on whether circumstances allow, providing for activities to take place from July to December 2020. While COVID-19 may have limited direct social engagement with beneficiaries this has not stopped Aspen’s employees who have adopted alternative measures, some of which include blanket drives, food relief, blood donations, the provision of educational aids and many others. Aspen’s Mandela Day projects cover a broad spectrum of initiatives that include healthcare, nutrition, education, social enhancement and development, infrastructural improvements, animal wellbeing, preserving the environment, and providing employees with the opportunity to show kindness to citizens of all ages from all walks of life. Since 2001, Aspen has engaged in more than 580 projects in 40 countries which have impacted the lives of some 782 000 beneficiaries. Read more about Aspen’s Mandela Day activities at, follow us on FaceBook, Twitter or LinkedIn and engage on social media via #aspenmandeladay.      The post Aspen celebrates a decade of participation in Mandela Day appeared first on Aspen Pharmacare.

  • Aspen debuts in the FTSE4Good Index Series
    on 09.07.2020

    Jeanette EnglundAspen Group Risk Sustainability Manager The annual FTSE Russell Environmental, Social and Governance (ESG) Ratings have been published and Aspen has been included as a constituent member in the global FTSE4Good Index Series for the first time. Jeanette Englund Aspen Group Risk Sustainability Manager said, “We are delighted to be included in the global FTSE4Good Index Series for the first time. Results from the June 2020 assessment indicate that Aspen’s overall score improved significantly from 3.7 to 4.5 out of a possible 5. Inclusion in this Index Series has also resulted in Aspen being positioned in the Top 30 of the FTSE/JSE Responsible Investment Index as published at the end of June 2020. These outcomes are  attributable to the committed team who have collaborated to ensure that Aspen’s ESG related strategies and programmes and related disclosures meet the expectations of various ESG stakeholders.” FTSE Russell uses the FTSE4Good Index Series as a multi-dimensional measure of the performance of companies demonstrating strong ESG exposure and practices. It provides the investment community with a tool for portfolio design and management to investigate ESG criteria, or as a framework for corporate engagement and stewardship. Reg Hamman, Aspen’s newly appointed Group Corporate Services Officer, congratulated the team on the inclusion and score improvement. He said, “This achievement sets the bar very high for future years KPIs and I’m confident that we can continue to strive to score admirably in the FTSE4Good Index Series.” FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Aspen Pharmacare Holdings has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products. The post Aspen debuts in the FTSE4Good Index Series appeared first on Aspen Pharmacare.

  • Aspen donates electronic devices valued at R2.4 million to assist UP medical students
    on 06.05.2020

    An Aspen Pharmacare initiative Johannesburg - JSE Limited listed Aspen Pharmacare Holdings Limited (Aspen), a global multinational specialty pharmaceutical company headquartered in South Africa, has donated 600 internet-enabled electronic devices valued at R2.4 million to support students from the Faculty of Health Sciences at the University of Pretoria (UP). Stavros Nicolaou, Aspen Pharmacare Senior Executive: Strategic Trade said, “Aspen is humbled to serve South Africa in its time of need, as we work together to fight the COVID-19 pandemic.  The provision of these devices to students not only helps to ensure that they have continued access to online education, but also limits their need for travel.  This donation will help curb the transmission-risk of the virus as the new academic semester begins, allowing students to undertake their studies remotely. We are deeply committed to supporting the sectors and communities in which we operate, both during the current crisis, and in the longer term, as we assist to create sustainable communities in South Africa.” Professor Robin Green, UP Chairperson of the School of Medicine said, “While the COVID-19 crisis has created a world of hurt and sadness, it has also allowed the kindness and generosity of the world to shine. We appreciate the generous donation that Aspen has made to the Faculty to assist students with distance learning and to enable them to continue with the 2020 academic year.” Following a rigorous screening process by the UP, the devices were earmarked for selected registered Faculty of Health Sciences students who attend classes regularly and who are unable to purchase the device for themselves. The tablets were handed over under strictly controlled hygiene and safety protocols, ahead of the commencement of remote lectures and training that resumed on 4 May 2020. Nicolaou added that this donation is in line with the country’s ambitions of harnessing digital innovation to benefit disadvantaged students, during these difficult times and into the future. “The donation of equipment further complements the University of Pretoria’s efforts to ensure that students from medicine and the other health science disciplines are able to continue with their curriculum and to minimise disruptions to the academic year,” said Nicolaou. The post Aspen donates electronic devices valued at R2.4 million to assist UP medical students appeared first on Aspen Pharmacare.

  • AGI: Covid-19 support in Mauritius
    on 05.05.2020

    Aspen donates anaesthetic medicines to patients in critical condition An Aspen Global Incorporated Initiative Ministry of Health, Emmanuel Anquetil Building, Port Louis, 29 April 2020: In a major contribution in our fight against Covid-19, Aspen Global Incorporated, the Mauritian subsidiary of Aspen Pharmacare Holdings (a multinational pharmaceutical company), has donated approximately 30,000 vials of three anaesthetic products (Diprivan, Nimbex and Tracrium) used to treat patients in intensive care units (ICUs) with Acute Respiratory Distress Syndrome (ARDS). Due to the current COVID-19 crisis, these medically critical products have become scarcer as demand has increased worldwide. It is in this context that Aspen has offered its help to Mauritius by donating a shipment of these products to the government, which were formally remitted to the Minister of Health and Wellness, Kailesh Jagutpal, during an official ceremony held on Wednesday the 29th of April 2020, at the Minister’s office in Port Louis. “We are really pleased to have offered our assistance to Mauritius in these testing times. Our sole intention is to give a helping hand to the country where we have based our global business. We all need to pool our resources to rid the world of this invisible enemy as quickly as possible with the fewest casualties. This initiative is in line with the Aspen Group’s motto: ‘Health Care, We Care’; and our aspirations are to care for our patients, our employees and our community. Though our stock for this product is limited in view of global demand, we will continue to consider all requests from Mauritius as a top priority,” says Samer Kassem, CEO of Aspen Global Incorporated. “I take note, with immense pleasure, of this act of generosity on behalf of Aspen. This is yet another example of the healthy and precious collaboration between the public and the private sector, I am confident that the existing robust relationship between the two sectors will keep on strengthening. Aspen’s initiative in providing us with this important stock of anaesthetic drugs, in spite of the challenging and difficult global situation when it comes to movement of goods, is very much appreciated. The ongoing COVID-19 situation is a planetary challenge, I remain confident that together, with all our stakeholders involved in the fight against the novel coronavirus, we will succeed in ascertaining that our population is provided with the best and most efficient health care possible”, states Kailesh Jagutpal, Minister of Health and Wellness. These high-end pharmaceutical products are indeed essential in the process of intubating patients for ventilation, as they induce light to deep sedation and muscle relaxation. Securing this stock is very important at this stage of the epidemic as it extends the country’s capacity to care for the most serious forms of illnesses due to Covid-19 in our hospitals. Indeed, this coronavirus leads, in some cases, to ARDS. The anaesthetics donated by Aspen, the use of which has been confirmed by the Covid-19 Guidelines issued by the European Society of Intensive Care, helps doctors to find the right synchronisation between the patient and the mechanical ventilator. The advisor to the Government of Mauritius, Dr Catherine Gaud, who has been instrumental in linking Aspen to the authorities was also present at the ceremony and lauded this initiative “Such partnerships with the private sector show the sense of solidarity that all Mauritians are demonstrating in the wake of this disease. How a country combats the COVID-19 and any other pandemic of this amplitude will also depend on such solidarity.” This initiative is very important to Aspen as it is in line with its commitment to supporting the communities in which it operates. Mauritius has been the launchpad for the global expansion of the group since 2008 and, the passionate staff and their families have been very active in carrying out social initiatives towards the community since its establishment 12 years ago. While Covid-19 is yet another challenge, bringing hardship to people around the world, it also represents a once-in-a-lifetime opportunity to “reset” our humanity and connect with others and nature as never before. The post AGI: Covid-19 support in Mauritius appeared first on Aspen Pharmacare.

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