Medtech revenue drops 26pct

HARARE, March 30 (The Source) – MedTech Holdings on Thursday reported a 26 percent drop in revenue to $9,8 million in the full year to December 2016 from $13,2 million the prior year as demand continues to fall. MedTech is a holding company with interests… Read More

Datlabs challenges hit Adcock Ingram profit

BULAWAYO, February 22 (The Source) – South African pharmaceutical group Adcock Ingram says its businesses in Zimbabwe and Kenya have continued to under perform, cumulatively incurring a trading loss of $69,000 in the six months to December, 2016. The Johannesburg listed company has interests in… Read More

Medtech narrows H1 loss to $90k

HARARE, September 17 (The Source) – Pharmaceutical products distributor Medtech on Thursday reported that it had narrowed its losses to $90,000 in the half year to June from $233,000 last year, on improved performance of its manufacturing unit. Revenue during the period was up six… Read More