Aspen Pharmacare investors eye CEO’s $1.2 million pay after weak results
Aspen investors head into December AGM after years of weak earnings and share losses, ready to question whether CEO pay still makes sense.
Skip to content
Aspen investors head into December AGM after years of weak earnings and share losses, ready to question whether CEO pay still makes sense.
South African pharma leader Gus Attridge sees a $10.7 million drop in his Aspen stake as the drugmaker’s shares slide and investor concerns deepen in 2025.
Stephen Saad’s Aspen Pharmacare stake drops by $20 million as the company’s stock slips 6 percent on the Johannesburg Stock Exchange (JSE).
Aspen Pharmacare shares edge higher, boosting CEO Stephen Saad’s holdings above $340 million despite the stock’s 37% year-to-date decline.
South African pharma tycoon Stephen Saad says Aspen’s weight loss drug could reach $50 million in sales within two years.
Aspen co-founder Gus Attridge loses $15.8 million in three weeks as drug stocks fall, cutting Aspen’s value below $2.6 billion.
Aspen Pharmacare shares slide 33 percent, cutting Stephen Saad’s stake by $44 million amid global pharma pressures.
Aspen Pharmacare CEO Stephen Saad loses $32 million in 13 days as stock slumps; his stake now worth under $360 million amid JSE sell-off.
Stephen Saad’s stake slips below $400 million as Aspen shares fall 5.2% dragging market cap under $3 billion.
Aspen’s investment comes amid a broader push to localize manufacturing, enhance drug supply chains, and develop regional talent.
This mirrors wider investor caution amid challenges facing the global pharmaceutical sector and instability in emerging markets.
Stephen Saad invests $5.6 million more in Aspen amid its biggest stock slump in two decades, signaling confidence in the company’s long-term outlook.
This follows a $148.7 million contract dispute tied to mRNA technology.
Aspen shares dive 30% amid $148.7 million mRNA tech dispute, stoking investor fears over financial stability.
This follows a strong recovery in Aspen's share price on the Johannesburg Stock Exchange (JSE).
South African pharma tycoon Stephen Saad’s stake in Aspen Pharmacare drops to $434.35 million, losing $62.85 million in 15 days.