In 2005, Watsons acquired ownership of 20 Apex Pharmacy stores nationwide, signifying Apex Pharma’s exit from the retail business. Ranbaxy Malaysia Sdn Bhd Pharma Niaga Berhad We have a manufacturing unit in Sungai Petani, Kedah. Be Part of Malaysia's Digital Revolution Industry 4WRD. A detailed overview of the cell therapy segment, including the major comme The Malaysian Competition Commission (“MyCC“) has commissioned Third World Network (“TWN“), an independent non-profit international research and advocacy organisation, to conduct a market review on the pharmaceutical sector in Malaysia (the “Review“).The market review is being conducted by the MyCC pursuant to powers under Chapter 3 of the Competition Act 2010 (“MCA“). In 1999, it became the first pharmaceutical company to achieve the halal certification, and its halal-certified products are distributed locally as well exported throughout ASEAN, Asia Pacific and other countries worldwide. (KIB), it has 181 products which are registered with the National Pharmaceutical Control Board. Realising the growing demand of traditional Chinese medicine in Malaysia, Managing Director Tan Kai Hee and his partners founded the company in 1994. Top 10 of Malaysia takes a look at its list of the top 10 pharmaceutical companies in the nation (presented in alphabetical order). the generic pharmaceutical industry in Malaysia is seen as one of the potential manufacturing sectors that contributes not only to the well-being of the population but also in … Pfizer holds top spot with 10.2% market share and USD 108 million in revenue, followed by MSD and Bayer. Malaysia’s healthcare system was recently rated as the third best out of 24 countries in the American publication International Living’s 2014 Global Retirement Index. 17 0 obj <> endobj �d/��m�/�(Dt����՘�P�� ϡ�&����!��֊�A�c,��V%9����I��Qߥ ��#�;�+��G1�$Մ�(�9�,b|�S�ُ�=us����!cN�\R7�����DDdI$�EJ��8�;""S�Sf"y&3I�y&I�]�ɍ'%E�k��I�\�@�nܽ�� ���i�����o�����}�� ߽�m Industries began as a small pharmaceutical distributor in 1987 and over the years, has grown into a research-oriented manufacturer and distributor of high quality pharmaceutical, over-the-counter, veterinary and aquatic products. Malaysia Pharmaceuticals & Healthcare Q1 2021 Key View: A number of details combine to ensure Malaysia remains an attractive market for drugmakers in Asia Pacific region, suchas the continued growth of an ageing population with more chronic diseases, the ascension of the middle class, expandedhealthcare coverage and the rise of healthcare as a national priority. Hovid is also an approved supplier to UNICEF and UNRWA. PhAMA Industry Factbook 2018 Edition Launch - Media Coverage; PhAMA Industry Factbook 2018 (Photos) Publications. Under the management of CEO Y. Bhg. The Malaysian Organisation of Pharmaceutical Industries (MOPI), a 45-member association comprising mostly local generic drug makers, said the pharmaceutical industry had several codes of ethics, as well as other such codes within each company. Wider competition in pharma manufacturing across the region adds to the mix creating a dynamic environment to which industry players must adapt. As pharmaceutical companies contemplate the impact these price controls can have on their business in Malaysia, there are strategies to consider beyond lobbying and ensuring that the right countries are included in the consideration set for external reference pricing. Pharmaceutical companies. In 2012, the company was awarded the SME Brand Laureate Award as the Best Pharmaceutical Company – Manufacturing. Three years later, a manufacturing unit was built in Sungai Petani, Kedah and to date, it has evolved into a Good Manufacturing Practice compliant production plant serving as an international hub to supply goods to ASEAN and Middle East countries. In 2006, it was the first pharmaceutical company in Malaysia to launch economical generic alternatives such as Atorvastatin (a cholesterol-lowering medication) and Oseltamivir (an influenza treatment). the RM8.6 billion pharmaceutical market, while exports are only RM0.7 billion. This is due in no small part to the pharmaceutical industry which is divided into two broad streams – home-grown companies that specialises on traditional medicine, food supplements, vitamins, generics and […] Bhd. This is due in no small part to the pharmaceutical industry which is divided into two broad streams – home-grown companies that specialises on traditional medicine, food supplements, vitamins, generics and over-the-counter (OTC) drugs; and multinationals which brought in numerous globally tested and accepted quality drugs into the country. Pharma Niaga started operations as Remedi Pharmaceuticals in 1994 in a move to privatise the Government Medical Store. Aging populations are transforming pharmaceutical markets in Southeast Asia. With its facilities and practices conforming to the current Good Manufacturing Practice on the productions, including the halal-certified products, Hovid has evolved into an outstanding industry with excellent quality in both products and services under the leadership of Managing Director, David Ho. 35 0 obj <>/Filter/FlateDecode/ID[<173315E92CEE3E9601D36D18DB4FBCD5><49D602C83E282E4391CAF907CFA99023>]/Index[17 28]/Info 16 0 R/Length 86/Prev 77630/Root 18 0 R/Size 45/Type/XRef/W[1 2 1]>>stream Pharma Niaga’s small volume injectable manufacturing plant received an international seal of approval by being European Union certified, which enables the group to garner manufacturing project contracts from the European region. business world. 0 Halal Pharmaceuticals Market Already a leading exporter and consumer in the halal industry, Malaysia is working to establish itself as a pioneer in the certification, manufacturing and distribution of the rapidly-growing international halal pharmaceutical market. Malaysia’s king declares a virus emergency, and other news from around the world. The company has won many accolades including the Frost and Sullivan’s Malaysian Pharmaceutical Company of the Year 2011 and the coveted Industry Excellence Award in 2012 by the National Pharmaceutical Control Bureau, Ministry of Health Malaysia. In Malaysia, we are ranked amongst the Top 10 pharmaceutical companies. Fast forward to the present day, its wholly-owned pharmaceutical distribution subsidiary, Apex Pharmacy Marketing Sdn Bhd which operates under the Apex Pharma name,has evolved into the largest wholesaler in the country, with vast experience in distribution, sales and marketing. Some of the major local companies operating in this industry are Chemical Company of Malaysia (CCM) Berhad, Simpor Pharma Sdn Bhd, Duopharma Biotech Berhad, and Pharmaniaga Bhd. At present, there is no codified law to govern the halal pharmaceutical industry in Malaysia. h�TR�n�0���Se� 1$��I��ts�H�X���bI�[�߻���v���v�����#4��-��*� Malaysia Pharmaceutical Industry Newswire. The pharmaceutical industry in Malaysia is regulated by the National Pharmaceutical Control Bureau, the main authority which is responsible for overseeing and ensuring the efficacy and safety of all products which are sold and manufactured within the local Malaysian market. Apex Pharma’s extensive and efficient distribution is made possible by a strategic network of fully-equipped warehouses throughout the country which caters to a large variety of customers such as hospitals, private medical practitioners, hypermarkets, health-food stores, factories, government institutions and even estates. Coding in schools. It became Malaysia’s first pharmacy chain in 1966 when a second outlet opened in Kuching. The pharmaceutical industry is heavily competitive in Malaysia. ET The state is setting up mass vaccination sites, including at Dodger Stadium and Disneyland. 1d ago. A fully-owned subsidiary of Kotra Industries Bhd. Led by President and Group Managing Director Dato’ Dr. Lee Fang Hsin, a Taiwanese who resides in Malaysia for more than 30 years, the company has diversified into the traditional herbal remedies (TCH) business with Sun Ten Pharmaceutical Co. Ltd, a renowned Taiwanese manufacturer of herbal extracts. Pharmaceutical Market In Malaysia Industry Analysis, Market Share & Size This research service focuses on the 4 broad segments of the regenerative medicine market, namely cell therapy, gene therapy, tissue engineering, and small molecules and biologics. Johor Bahru, Kuala Lumpur, Penang, Perak. Leading domestic pharmaceutical companies in Malaysia, including Pharmaniaga Berhad, Chemical Company of Malaysia Berhad (CCM), Yung Shin Pharmaceutical, Hovid, and Kotra Pharma majorly focus on generic drugs, with very little focus on research and development (R&D). We have a strong sales and marketing team and enjoy significant brand recognition amongst doctors, hospitals and in the retail pharmacies. ���7н�WN5Hl��ӌCe��. Bio-Pharmaceuticals Sdn Bhd h�b```f``�b`a`:� �� @1V ���CH�Q����8:$:@�@���(� endstream endobj startxref Get by Email • RSS. Sabah MYR 2.7K - 4K monthly. Product Specialist (Sarawak Vacancy) BiO-LiFe Marketing Sdn Bhd. Welcome to Malaysia Invest, Innovate, and Expand in Malaysia Malaysia's stable and growing economy is a hotbed of investment opportunities and a catalyst for your global growth. This will cause users to have many options to compare the best prices and services accordingly to their needs. Industries (M) Sdn Bhd Malaysia's Lighthouse initiative. Additionally, the Group established QIS Research Laboratory Sdn. CCM Pharmaceuticals has over 30 years of history and has won numerous local and regional awards for its outstanding brands and products. KUALA LUMPUR: Amid global growth this year expected to be at its slowest in a decade — with economists warning of an increasing risk that it would lead to a recession next year — pharmaceutical companies listed on Bursa Malaysia appear resilient.According to Areca Capital Sdn Bhd chief executive officer Danny Wong Teck Meng, the sector remains attractive because other sectors … To date, the cash-rich company’s revenue comes from pharmaceutical products (70%), veterinary products (12%) and TCH (15%). The Malaysian Organisation of Pharmaceutical Industries (MOPI) was incorporated on March 6th 1981, as a company limited by guarantee, by eight local, foreign and joint venture companies involved in the manufacture of pharmaceutical products. The bureau has been a member-state of the Pharmaceutical Inspection Cooperation Scheme (PICs) since 2012. endstream endobj 18 0 obj <> endobj 19 0 obj <> endobj 20 0 obj <>stream Backed by a strong marketing network of medical professionals and a sales team of over 120 people, the company serves the needs of more than 10,000 customers comprising clinics, hospitals, pharmacies, veterinarians, farms and feed mills. To date, Kotra Pharma has invested USD60 million in the first phase of a total USD150 million investment towards an ultramodern manufacturing plant and research facility, with a new Sterile/Infusion Manufacturing line scheduled to complete this year. PETALING JAYA: Malaysia’s pharmaceutical market is expected to see robust growth, thanks to the government’s concerted effort to improve the health and wellbeing of … %PDF-1.5 %���� As a result, the company currently has over 4100 employees and has successfully created 130,000 jobs through infrastructure projects. Luye Pharma Malaysia Sdn Bhd. The current market consists of over 100 pharmaceutical companies, and these can roughly be categorised into three classes according to the Pharmaceutical Association of Malaysia: V�� I��N3Z2r3�e:�t����}L���#�10�|gX����Q>d2w1����( ` �� Yung Shin Pharmaceutical (Y.S.P.) This makes it the largest single investment in the history of the Malaysian pharmaceutical industry. h�TQ�n�0���Se�1��b�Rː�jhwc�ː!_�I;`���{>�ce�\�~��Fu���h��xq From its humble beginnings of one core product, the company today produces over 400 products including generic drugs, dietary supplements and consumer products. Apex Healthcare Bhd In the 1940s, Hovid was birthed when Dr. Ho Kai Cheong created the Chinese Herbal Tea, Ho Yan Hor that has become popular today as a natural beverage to dispel body heat, cure indigestion and relieve common coughs and colds. Malaysia’s Domestic Pharmaceutical Business Malaysia has a fast-growing domestic pharmaceutical manufacturing industry. $�� ���"�A�D�"�K�e"�@�9��қ This report is a comprehensive research of pharmaceutical industry in Malaysia. For the AM PM Pharmacy that has been interviewed, the pharmacy needs to compete with three other pharmacies and two drug stores in the same area. Malaysian Pharmaceutical Society Wants Pharmacists To Become Antibiotic Guardians (02-Mar-2017) Local Pharmacy News. A Malaysian Supplier & Distributor of Pharmaceutical Products We are a progressive pharmaceutical supplier in Malaysia, specializing in a range of phyto-pharmaceutical based drugs and medical … Retail Pharmacies not immune to COVID-19 outbreak (29-Jul-2020) Face Mask ceiling prices to be lowered as Putrajaya mulls making usage mandatory (23-Jul-2020) eCommerce Roadmap. PhAMA Industry Fact Book 2018; Code of Conduct - Marketing Practices; PhAMA Code of Conduct 21st Edition - Training slides; Code of Conduct (Non Prescription) Other PhAMA Publications; Position Papers CCM Pharmaceuticals Sdn. Kotra Pharma (M) Sdn Bhd LiveUpdated Jan. 12, 2021, 8:32 a.m. Harnessing its strength in R&D and the export market, Hovid’s products are distributed to over 50 countries globally. Gamuda Berhad is an engineering, property and one of Malaysia’s largest infrastructure companies with a proven track record of delivering innovative breakthrough solutions worldwide. It was a move made by CEO Dr. Kee Kirk Chin (the founder’s son) to fully focus on its two core activities, manufacturing and distribution, that have been and will continue to be the group’s engine of growth. Published on 13:41 GMT. endstream endobj 22 0 obj <>stream Y.S.P. endstream endobj 21 0 obj <>stream New developments such as the production of high-value bio-generics and the potentially lucrative halal drugs market promise an exciting and bright future for this industry. A joint venture company of Ranbaxy Laboratories Ltd India, Ranbaxy Malaysia Sdn Bhd was established in 1984 as a trading company to import pharmaceutical and chemical products. Hovid is the first in the world to develop the commercial scale integrated process for extracting the Palm phytonutrients – carotenes (pro-vitamin A) and tocotrienols (vitamin E) – from locally harvested palm oil and convert them into natural health supplements. This is one of the factors that hampered the halal pharmaceutical industry. $��@F� �&�)�@�����~ ��% /�AݪqF~U]i �ħ�0b��MY��Sq� �o��q�, Malaysia’s healthcare system was recently rated as the third best out of 24 countries in the American publication International Living’s 2014 Global Retirement Index. The Top 10 of Malaysia is an English language magazine owned and published by RHA Media Sdn Bhd. Helmed by Managing Director Dato’ Farshila Emran, the group’s recent acquisition of PT ErittaPharma, its first manufacturing plant in Indonesia, is a strategy to not only increase its presence in the international arena, but also to supplement the group’s existing Malaysian distribution arm. SG Global Biotech also offers manufacturing services to those who want to develop their own house brand. Job Specializations Sales/Marketing / Sales - Corporate.  Major MNCs such as Glaxo Smith Kline, B.Braun, Y.S.P Industries, Ranbaxy and Sunward Pharmaceutical have established their production facilities in Malaysia, while Pharmaniaga, CCM Pharmaceutical, Kotra Pharma, Hovid and Xepa-Soul Pattinson represent some top local pharmceutical companies in Malaysia. h�bbd``b`� Today, it is headquartered in Shah Alam, Selangor with offices, plants and distribution centres throughout Malaysia and also Indonesia. The products are manufactured under the most stringent conditions using state-of-the-art facilities, and then registered and approved by the Health Ministry’s Drug Control Authority. Malaysia but also industry experts and all other concerned parties dealing with pharmaceuticals throughout the globe.. To strike a deal the manufacturers and the dossier owners can look for the distributors for their pharmaceutical products. The pharmaceutical industry in Malaysia has been growing steadily for the past decades and is currently experiencing rapid growth. SG Global Biotech Sdn Bhd The pharmaceutical industry represents one of the top domains chosen by businessmen at an international level.Malaysia has also invested in the pharmaceutical industry and the results can be easily seen, as in the last years more and more businessmen are interested in a pharmaceutical business in this country. h޼�Ko�@����t~�Z�� �Ŵ9X>8�!�Ff#�ߙ1�G���������� !0`,� �����B J&� T�pv&.��(��w(�REA$�t�bX�=�f3�:ٳ}�n�y�|&�C1sO>�v����j�P��ioM' �I-f��{�)�M�ξ��ܭ=$2���@q��bs���)���h�İ*�[��~�~�:��� LZJ��Fqί�bUV��^S�i�)+�!М��b���r2������~]-�)����1��UQ��-�H)ƾ��yo���z���� h{%[��)7�n��~�u��M2�{����}M�l�)�˓��.��Tܸe�� ����ܩH7�ʭh&�F�գ�`Rl��InqX��bj>}��T*�������Y�ics�@��d'� �p�&�#Gh�7���ű�C�cYC���,��5�D!+�ǖcIi��QF"y6 �M��j���(PIT��=Q���VY���;%kQ h�Ͱ#�N..��z���8���qd4%)f��u�F��›r�{\��:��k��\��r}u޶���;H˿������ϰ��Yd�-_ $-Aۖ��]���# ^\�W�3|/��?��{�?��]�n{9 C~�Ѫ�����N��"�W���U�dxpB:)Y�k��qMHI�;˦u�qW����#���o7%���)����` v��7 Established in 1982 by Managing Director Jimmy Piong, Kotra Pharma is in the business of manufacturing over-the-counter health supplements such as Appeton and prescriptive medicines such as,Axceland Vaxcel. Its expertise in penetrating new and existing markets is highly sought after by multinational principals looking to secure market access for their products. The acronym ‘RHA’ is derived from the words, ‘Research House of Asia’. Generic medicines now account for 55% of the controlled (prescription) medicines market by value. %%EOF Save my name, email, and website in this browser for the next time I comment. Led by Group Managing Director Amirul Feisal, CCM has recently acquired an 11.6 % equity stake in a Korean biotechnology company, PanGen Biotech Inc., to make inroads into the biosimilars business. THE ESSENCE OF HIGH ACHIEVERS AND AFFLUENT SOCIETY, Malaysia’s Top 10 Pharmaceutical Companies, INSPIRING DIGITAL SERVICES COMPANIES IN MALAYSIA – THE TOP 10, Garnering Success through Creativity and Diligence, A SUCCESS THAT’S MUCH MORE THAN SKIN DEEP, FORGING AHEAD IN THE WORLD OF TRUST SERVICES, Top 10 Most-Admired Philanthropists in Malaysia. As an extension of our innovative B2B marketplace this pharmaceutical companies directory helps not only pharmaceutical companies in. Dato’ Ralph Yapp, the MS ISO9001:2008-certified group experienced an accelerated growth since 2002 when three separate healthcare companies (Antah Sri Radin Sdn Bhd, Antah Pharma Sdn Bhd and Bumimedic Sdn Bhd) merged under the Antah Healthcare Group. In 2012, the company won the Malaysia’s Top 100 Leading Graduate Employers for the pharmaceutical sector by the Malaysian Graduate Barometer and last year, it launched the nation’s first community pharmacy called Royale Pharma in Shah Alam. Hovid Berhad Since becoming a member, Malaysia has seen a boost in investments within the pharmaceutical field, namely because th… The company also markets gynaecological products such as Predicates Ovulation Test Kit and Thames Sperm Enhancer Kit. ET Jan. 12, 2021, 8:32 a.m. However the halal pharmaceutical industry in Malaysia is not well supported with adequate legal and administrative framework. Both streams are regulated by the Ministry of Health’s Drug Control Authority (DCA) and together, they help eradicate potentially destructive diseases. Amid Covid-19 vaccine quest, Malaysia can be hub for innovative medicine 2 July 2020 Announcements Value-Based Medicines For Improved Patient Access in Malaysia … Thames Sperm Enhancer Kit unit in Sungai Petani, Kedah has won numerous local and regional awards for outstanding. By multinational principals looking to secure market access for their products companies directory not! 4100 employees and has won numerous local and regional pharmaceutical industry in malaysia for its outstanding brands and.. In 1991 by CEO Albert Yesudian as a pharmaceutical supplier to UNICEF and UNRWA Kit. Established in 1991 by CEO Albert Yesudian as a result, the company 1994! 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