Aspen Opens R1 million Wellness Centre

JSE listed Aspen Pharmacare, Africa’s largest pharmaceutical manufacturer and the leading global player in generic anti-retrovirals (ARVs), earlier today opened a R1 million wellness centre in the Eastern Cape.

Through a public-private partnership, Aspen’s investment in the establishment of the Wells Estate Wellness Centre will enhance the primary healthcare services at the Nelson Mandela Bay Municipality’s Wells Estate Clinic.

Stephen Saad, Aspen Group CEO said “Aspen remains committed to the social and economic upliftment of the Eastern Cape. We are proud to be aligned with the Nelson Mandela Bay Municipality and the Wells Estate Wellness Centre and to be in a position to assist with the healthcare needs of this community.”

“Aspen has remained committed to finding a meaningful solution to the HIV/Aids blight for years. Our world class oral solid dose facility in Port Elizabeth has been accredited by the US Food and Drug Administration, the Medicines Control Council, the World Health Organisation and the United Kingdom’s Medicine and Healthcare Products Regulatory Authority. This endorsement enables Aspen to manufacture cost effective, quality generic ARVs in fighting the scourge of HIV/Aids.

At the opening Werner van Rensburg, Aspen’s Group Operations Director said Aspen remains committed to investing and expanding in the Eastern Cape. These initiatives include the construction of a R200 million sterile injectible facility which also requires improved skills development of the highly qualified employees positioned in these technically advanced facilities.

Van Rensburg indicated that the new centre will provide for the treatment of chronic diseases and also includes a dental clinic. Once accreditation is secured, this centre will also serve as a fully functional HIV/Aids facility focusing on treatment, counselling, education, home based care, nutrition and administering of ARVs.

In 2001 Mr Nelson Mandela opened the Transkei-based Engcobo Clinic which Aspen had established for that community. The Wells Estate Wellness Centre is an extension of Aspen’s efforts to assist in enhancing capacity and providing basic healthcare facilities for underprivileged communities.










Closed Period

Aspen is in a closed period from 1 January until the publication of our interim results on the JSE SENS platform scheduled to be released on 1 March 2023.

The live presentation will take place in Cape Town at 08h30 on 2 March 2023.