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ASPEN PHARMACARE HOLDINGS LIMITED - 2014 Anti-Retroviral Tender Results

Release Date: 24/12/2014 11:45
Code(s): APN     PDF:  
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2014 Anti-Retroviral Tender Results

ASPEN PHARMACARE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1985/0002935/06
Share code: APN
ISIN: ZAE000066692
("Aspen Holdings" or "the Company")


2014 ANTI-RETROVIRAL TENDER RESULTS

Following the announcement of the Anti-Retroviral (ARV) Tender results by the South
African National Treasury Department, Aspen Pharmacare Holdings Limited is pleased to
announce that its South African operating company (Pharmacare Limited t/a Aspen
Pharmacare) has been successful in winning a number of key products in the tender Aspen’s
award included 25% of the Fixed Dose Combination (FDC) containing Tenofovir,
Emtracitibine and Efavirenz, which will be used to treat upwards of 80% of 1st line adult
treatment , in spite of strong competition. The tender is effective for a period of three years,
commencing 1 April 2015.

Aspen secured R2,7 billion or approximately 20% of the awarded tender value based upon
expected future demand as published in the invitation to tender. The tender value is
estimated to be approximately R14 billion over 3 years. The South African ARV Tender is
the largest of its kind in the world. Aspen has been a leading supplier to this tender since
inception of the programme, providing a consistent and reliable supply of high-quality ARV
products to the State.

Aspen was awarded a share of the following products:

Product                                            % Awarded to Aspen
Abacavir Solution 20mg/ml                          45%
Atazanavir 150mg                                   36%
Duranavir 600mg                                    100%
Etravarine 100mg                                   100%
Lamivudine 150mg (of tendered quantity)            100%
Nevirapine                                         40%
Stavudine 15mg                                     100%
Stavudine 20mg                                     100%
Stavudine 30mg                                     100%
Tenofovir (of tendered quantity)                   25%
Tenofovir, Emtracitibine, Efavirenz                25%

These tender results again confirm Aspen`s reputation for cost competitiveness against both
local and foreign suppliers. Aspen`s range of ARV`s are produced at its world-class
manufacturing facilities in Port Elizabeth, South Africa. This has resulted in unlocking
capacity to accommodate growing demand from Aspen`s domestic and foreign territories
and also contributed towards further optimizing manufacturing efficiencies.


Durban
24 December 2014

Sponsor
Investec Bank Limited

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