By
BRIAN KAJENGO
The visit was also for Minister Davies to see
first-hand the world class manufacturing facilities and capacity that exist at Aspen ’s flagship
manufacturing site, which has both domestic and export orientation.
The
Industrial Policy Action Plan (IPAP) has prioritized the pharmaceutical sector
as a lever that is key to South
Africa ’s growth and development objectives.
Minister Davies’ visit to Aspen ’s
site further strengthened collaboration between the private and public sector,
synonymous with the objectives of IPAP.
Minister
Davies said visiting Aspen ’s
facilities is a demonstrable example that industrial policy works in our
country.
“The
Aspen management team needs to be commended for what they’ve achieved in Port Elizabeth . Although
much has been attained, through collaboration with the dti even greater
industrial capacity can be unlocked between Aspen and the dti, as we work closely
together to optimize the various departmental industrial instruments available.
Our joint aim is to achieve further domestic investment; a focused export
support and orientation; and further job creation.
This will help dent the stubborn trade deficit
that continues to drag down the SA pharmaceutical industry. Pharmaceuticals,
together with medical devices and medical diagnostics, are the 5th largest contributor to the current
account deficit that is so costly to our country.”
He
said government’s policy on Intellectual Property (IP) seeks to strike a
balance between the needs of public health and the interests of innovative
pharmaceutical companies. “The
aim of the Intellectual Property (IP) relating to health provisions is to bring
South Africa ’s
laws in line with international agreements, including the World Trade Organization’s
Trade Related Aspects of Intellectual Property Rights (TRIPS), which has legal
flexibility measures that effectively allow countries to have policy space
access to public health and education. Generic medicine that comes from
innovative medicine will also be allowed. Our Industrial Policy Action Plan
requires that pharmaceutical companies will be incentivized if they invest in
the country like motor manufacturing,” adds Minister Davies
Aspen
Group Chief Executive, Stephen Saad said they appreciate Minister Davies’ visit
as it allowed him to experience Aspen ’s
extensive, world class pharmaceutical capability and life sciences resources.
“Billions
of rands been invested in capex enhancements at the Port
Elizabeth facilities by Aspen
over the years, substantially more than the combined investment from the rest
of the South African pharmaceutical industry. Aspen
has shown that globally competitive manufacture is possible in South Africa if
your strategy is sound and you are prepared to invest in technology and
skills.”
“Aspen’s
Port Elizabeth
facilities remain key to our worldwide business and is the location of our most
important production capabilities. Aspen
values its relationship with the dti
and welcomes working alongside it in order to further unlock investment, market
access and export opportunities in SA and across broader geographies.”
The
combined manufacturing capacity of Aspen ’s Port Elizabeth site
exceeds 12 billion oral solid dosage forms annually. This site also produces
Murine eye drops, the second largest eye drop brand in the United States (US).
The entire US eye drop demand for the Murine and Clear Eyes brands is
manufactured at Aspen’s Port Elizabeth site, further endorsing Aspen’s sterile
production capabilities, with over 25 million units of eye drops being exported
annually to the US.
Since
the acquisition of the South African Druggists pharmaceutical manufacturing
facilities in 1999, Aspen has been a significant
and consistent investor in its Port
Elizabeth and at various other manufacturing
operations in the country.
The
PE site consists of four facilities, together comprising capabilities in oral
solid, liquid, sterols and niche high potency pharmaceutical products. This
includes complex and specialized manufacturing capabilities such as freeze
dried lyophilisation. In line with Aspen’s ambitious offshore growth strategy,
its PE facilities carry a number of important local and international
Pharmaceutical Regulatory and Quality standard accreditations, covering all key
global markets, including South Africa’s MCC, the US FDA, the UK’s MHRA,
Europe’s EMEA, Brazil’s ANVISA, Australia’s TGA, the WHO and others. These
accreditations are essential for entry into these offshore markets and
reinforce the confidence that the MCC and other highly stringent regulatory
agencies place in Aspen
are scientific and manufacturing capabilities and its personnel.
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