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Aspen Confirms ‘Material’ Offers For API Unit Remain Under Consideration

Chemicals And Biochem Segments Saw Increased Sales In FY21; Higher Costs Bit

Executive Summary

Aspen Pharmacare is continuing to ponder offloading another part of its operations, with bids under consideration for its significant API business units. The company only recently sold a basket of products in South Africa to Acino.

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Aspen Commits To Further Reshaping If Opportunity Arises

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With Mylan continuing to count down the days until its merger with Pfizer’s Upjohn completes, the US firm has struck a deal to acquire Aspen Pharmacare’s thrombosis business in Europe, bolstering what is already a $4bn operation.

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In an acquisition said by both US-based companies to be highly complementary, Azurity Pharmaceuticals has taken control of Slayback Pharma for an undisclosed fee.

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