Pharmaniaga Berhad is a firm believer of team effort and strategic collaborations in delivering excellence.
The recent growth of healthcare in general and medical tourism in particular in Malaysia has propelled the country’s first Bursa Malaysia-listed healthcare company, Pharmaniaga Berhad, to new heights.
A government-linked company, Pharmaniaga listed on Bursa Malaysia’s Second Board in 1999 with a paid-up capital of RM50 million and later migrated to Main Board in 2003 with an increased paid-up capital of RM100 million. The company’s turnover in 2009 was recorded to be RM1.3 billion. Malaysia’s strategic location as the ASEAN hub and the robust performance of its healthcare sector is an added advantage.
Malaysia is a member of the Pharmaceutical Inspection Convention and Pharmaceutical Inspection Co-operation Scheme (jointly referred to as PIC/S), and this has greatly facilitated positioning Pharmaniaga as a forerunner in the pharmaceutical industry.