Aspen seals deal with Serum Institute to make vaccines for Africa

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Aspen seals deal with Serum Institute to make vaccines for Africa
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Aspen will be granted the rights to manufacture products from bulk a drug substance supplied by the world’s largest vaccine producer

SA’s biggest drug maker, Aspen, said on Tuesday it had concluded a 10-year deal with the Serum Institute, where the local company will manufacture, market and distribute four routine vaccines in Africa under its own brand.

Aspen’s share price jumped nearly 6% to R147.88 on the JSE and was on track for its biggest one-day gain since mid-March...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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