Aspen's strong business foundation in SA has provided the launching pad for global expansion, with strategic investments in the UK and Australia. But the SA environment is vulnerable to regulatory volatility, with uncertainty over possible price-capping. On the other hand, the company has proved adept at negotiating with government and is well-placed for further provision of generic drugs used to treat HIV/Aids. Since its JSE listing in the reverse takeover of Medhold in 1998, the group has grown strongly.