Based in South Africa, Aspen are Africa's largest pharmaceutical manufacturer, and the ninth largest pharmaceutical company in the world. Aspen has businesses in Australia, India, South Africa, the United Kingdom and a start-up operation in the United States. Products available in more than 150 countries. GlaxoSmithKline acquired a 19% stake in 2009, which it reduced to 12% in 2013, and further reduced to 6% in 2015.
|Aspen Pharmacare Holdings Ltd||ZAF||website|
|Aspen Pharmacare Holdings Ltd|
This company is named and shamed in IBFAN's 2014 report, 'Breaking the Rules, Stretching the Rules 2014', a weighty collection of evidence showing non-compliance with the International Code of Marketing of Breastmilk Substitutes and subsequent WHA resolutions. The Report covers 27 companies with 813 violations in 81 countries.
[Source 2014][More on Irresponsible Marketing]
The United Nations Global Compact asks companies to embrace, support and enact, within their sphere of influence, a set of 10 values in the areas of human rights, labour standards, the environment, and anti-corruption. However it's non-binding nature has been widely criticised, and many signatory corporations continue to violate the Compact's values.
[Source 2013][More on Sustainability Reporting]
|Company Structure||Public company|
|Revenue||US$2.8 billion in 2014|
|# Employees||8,200 in 2014|
|Subsidiaries||Aspen Asia Pacific Pty Ltd|
|Address||Johannesburg, South Africa|
Products / BrandsAspen Australia
Dermeze Bodywash/Shower Gel
Dymadon Pain Relief
Irish Moss Cold & Flu
S26 Baby Formula
SMA Baby Formula
Tums Digestive Care
Zantac Digestive Care