South Africa's Aspen Pharmacare said on Monday it had secured regulatory approval to market Eli Lilly's blockbuster diabetes and obesity drug, Mounjaro, for chronic weight management in the country.
Aspen Aerogels has stabilized after a dramatic boom-bust cycle that in itself was driven by EV market volatility and overexpansion. Revenue and EBITDA guidance suggest modest improvement, but near-term growth remains muted and heavily reliant on GM as a key customer. Long-term risks persist from EV market uncertainty, competition, and potential technological shifts like solid-state batteries reducing insulation demand.
Aspen Aerogels' PyroThin technology is driving growth, with strong OEM contracts and a massive addressable market in EV thermal barriers. Despite recent revenue and margin softness, cost-cutting and capital-light manufacturing position ASPN for margin expansion and improved profitability. The energy industrial segment remains a stable, high-margin contributor, balancing volatility in the EV business and supporting long-term growth.
| Diversified Consumer Services Industry | Consumer Discretionary Sector | Mr. Michael D. Mathews CEO | NASDAQ (NMS) Exchange | US04530L2034 ISIN |
| United States Country | 312 Employees | - Last Dividend | 10 Jan 2017 Last Split | - IPO Date |
Aspen Group, Inc. stands as a pioneering entity in the education technology landscape, providing comprehensive online higher education services across the United States. Rooted in New York, New York, since its inception in 1987, Aspen Group has dedicated itself to facilitating accessible and quality higher education. With a primary focus on accommodating the educational aspirations of adult learners, Aspen Group, Inc. manifests its commitment through an expansive array of degree programs spanning from baccalaureate to doctoral levels. The disciplines covered include nursing and health sciences, business and technology, arts and sciences, and education. As of April 30, 2022, Aspen Group proudly supported 13,334 degree-seeking students, underscoring its role as a significant contributor to the U.S. higher education sector.
Aspen Group Inc. offers comprehensive undergraduate programs across various fields, including nursing and health sciences, business and technology, arts and sciences, and education. These programs are designed to provide students with foundational knowledge and skills required to excel in their chosen careers.
The company expands its educational offerings through master's degree programs in specialized areas within nursing and health sciences, business and technology, arts and sciences, and education. These programs are aimed at professionals seeking advanced knowledge and expertise to enhance their career prospects.
For those aspiring to reach the pinnacle of academic achievement, Aspen Group provides doctoral degree programs. These rigorous programs are available in selected fields, focusing on preparing students for high-level research, academic, or professional roles.