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Adcock Remains Resilient In Tough Business Environment

Firm Has Discontinued Three Generic Products This Year

 
• By Chloe Kent

Adcock saw its profits grow by 4.2% during FY 2024 despite a challenging economic environment.

Adcock Ingram logo under microscope
Negative economic effects were overcome by a strong demand for OTC and prescription products • Source: Shutterstock

Leading South African supplier of branded and generic drugs, Adcock Ingram Pharmaceuticals, posted strong end-of-year financials in the face of a challenging economic environment, characterized by currency weakness and volatility, poor economic growth and increasing pressure on consumer disposable income.

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