Indonesia launches first domestic biological vaccine production facility

By Vietnam News Agency
Fri, September 13, 2024 | 9:00 am GMT+7

Indonesia has inaugurated its first domestic biological vaccine production facility, which is expected to create a solid foundation for the country to become self-sufficient in pharmaceutical products in the future.

Indonesian Health Minister Budi Gunadi Sadikin (middle) officiates the vaccine production facility at PT Biotis in Bogor District, West Java, on September 11, 2024. Photo courtesy of Antara.

Indonesian Health Minister Budi Gunadi Sadikin (middle) officiates the vaccine production facility at PT Biotis in Bogor District, West Java, on September 11, 2024. Photo courtesy of Antara.

Speaking at the inauguration of the vaccine production facility of PT Biotis Pharmaceuticals Indonesia on Wednesday, Indonesian Health Minister Budi Gunadi Sadikin said PT Biotis's steps prove the national pharmaceutical industry's ability to develop vaccine independence, as well as support the Indonesian government's vision of realising a healthier and more independent Indonesia.

Vaccine is important, and in the future, there will be many new pathogens, along with Biotis' ability to understand pathogens in animals, for better vaccines' production, he said.

It will also be a game changer if Biotis can also bring development to fight cancer pathogens, said Sadikin.

Meanwhile, President Director of PT Biotis Pharmaceuticals Indonesia FX Sudirman stated that the vaccine production facility inaugurated is a real manifestation of supporting national health transformation.

His side is collaborating with Airlangga University (Unair) Surabaya, East Java, to conduct research and produce vaccines required by the community, he revealed.

Research documents on vaccine production have been submitted to the national appraisal agency. If the vaccine passes clinical trials, PT Biotis will coordinate with the Ministry of Health to deploy mass production.

According to Sudirman, PT Biotis in collaboration with Unair developed a multi-strain rotavirus vaccine to prevent acute diarrhea in children caused by rotavirus infection. It also worked with Indian partners to produce pentavalent vaccine to prevent diseases such as diphtheria.

Comments (0)
  • Read More
Banks in Vietnam required to list suspect accounts for better supervision

Banks in Vietnam required to list suspect accounts for better supervision

Commercial banks must provide information on accounts that show possible signs of fraud, swindling, or law violations at the State Bank of Vietnam's (SBV) request every month.

Southeast Asia - Tue, September 17, 2024 | 9:59 pm GMT+7

Vietnam ministry outlines two economic growth scenarios for 2025

Vietnam ministry outlines two economic growth scenarios for 2025

Vietnam's Ministry of Planning and Investment recently presented to the Government two economic growth trajectories for 2025, with the highest rate forecast at 7.5%.

Southeast Asia - Tue, September 17, 2024 | 9:56 pm GMT+7

Vietnam's M&A market signals rising activity

Vietnam's M&A market signals rising activity

The mergers and acquisitions (M&A) market in Vietnam is showing signs of resurgence in the final months of the year, with multiple companies announcing successful deal closures.

Southeast Asia - Tue, September 17, 2024 | 9:52 pm GMT+7

Malaysia demonstrates central role in halal industry

Malaysia demonstrates central role in halal industry

The 20th Malaysia International Halal Showcase (MIHAS) 2024 opened at the Malaysia International Trade & Exhibition Centre (MITEC) in Kuala Lumpur on Tuesday.

Southeast Asia - Tue, September 17, 2024 | 9:50 pm GMT+7

Vietnam champions ASEAN economic integration at AEM 56 in Laos

Vietnam champions ASEAN economic integration at AEM 56 in Laos

Vietnam played a proactive role in shaping regional economic cooperation at the 56th ASEAN Economic Ministers’ Meeting (AEM) in Vientiane, Laos from September 16-17.

Southeast Asia - Tue, September 17, 2024 | 8:39 pm GMT+7

Manufacturers hit by typhoon Yagi eligible for 30% excise tax cut this year

Manufacturers hit by typhoon Yagi eligible for 30% excise tax cut this year

Manufacturers affected by super typhoon Yagi will be eligible for an excise tax reduction of up to 30% this year, according to Vietnam’s General Department of Taxation.

Economy - Tue, September 17, 2024 | 8:34 pm GMT+7

Vietnam central bank cuts OMO interest rate to 4% per year

Vietnam central bank cuts OMO interest rate to 4% per year

Vietnam's central bank on Monday lowered its interest rate on open market operations (OMO) to 4% per annum from 4.25% that had been in place since early August.

Banking - Tue, September 17, 2024 | 6:07 pm GMT+7

VN-Index records strongest rise in a month

VN-Index records strongest rise in a month

Vietnam's benchmark VN-Index rose 19.69 points, or 1.59%, to 1,258.95 on Tuesday, the strongest gain since August 16, thanks to the rallies of real estate, securities and banking stocks.

Finance - Tue, September 17, 2024 | 6:06 pm GMT+7

Fed rate cuts could lend medium, long term boost to Vietnam stock market: expert

Fed rate cuts could lend medium, long term boost to Vietnam stock market: expert

A widely anticipated interest rate cut by the Federal Reserve Wednesday could energize Vietnam's stock market in the medium and long term, though it might cause some short-term volatility, an expert says.

Finance - Tue, September 17, 2024 | 5:35 pm GMT+7

Central Vietnam province to allocate 100 hectares for LNG terminal in $2.45 bln project

Central Vietnam province to allocate 100 hectares for LNG terminal in $2.45 bln project

Thanh Hoa province in central Vietnam has approved the allocation of 100 hectares to the west of Me island, within the Nghi Son Economic Zone, for building an LNG terminal.

Energy - Tue, September 17, 2024 | 5:02 pm GMT+7

Vietravel Airlines names second CEO in 1 year

Vietravel Airlines names second CEO in 1 year

Dao Duc Vu, former deputy general director of Bamboo Airways, has been appointed CEO of Vietravel Airlines, starting from early September.

Companies - Tue, September 17, 2024 | 3:58 pm GMT+7

Petrovietnam subsidiary, Samsung C&T sign production distribution deal

Petrovietnam subsidiary, Samsung C&T sign production distribution deal

Petrovietnam Ca Mau Fertilizer JSC (PVCFC), a subsidiary of state-owned Petrovietnam, and South Korea’s Samsung C&T have signed a strategic partnership agreement whereby they will promote and distribute products to a global network.

Companies - Tue, September 17, 2024 | 3:37 pm GMT+7

Carlsberg Vietnam, employees donate $45,000 to typhoon Yagi affected northern Vietnam localities

Carlsberg Vietnam, employees donate $45,000 to typhoon Yagi affected northern Vietnam localities

Carlsberg Vietnam and its employees have donated over VND1.1 billion ($44,700) to support northern Vietnam localities severely impacted by super typhoon Yagi and the resulting flooding.

Companies - Tue, September 17, 2024 | 3:07 pm GMT+7

McDonald’s closes HCMC store in prime location after 10 years

McDonald’s closes HCMC store in prime location after 10 years

McDonald’s Ben Thanh outlet will reluctantly close its doors at 2 a.m, Thursday, September 19, “ending a decade-long journey,” according to a Monday announcement on its fanpage.

Companies - Tue, September 17, 2024 | 2:52 pm GMT+7

Vietnam central bank to turn more dovish: Mitsubishi UFJ Financial Group

Vietnam central bank to turn more dovish: Mitsubishi UFJ Financial Group

Vietnam can achieve greater exchange rate stability and its central bank would turn more “dovish” later this year, says Mitsubishi UFJ Financial Group (MUFG).

Economy - Tue, September 17, 2024 | 11:33 am GMT+7

Prime Minister leads steering committee for developing regional financial centers in Vietnam

Prime Minister leads steering committee for developing regional financial centers in Vietnam

Prime Minister Pham Minh Chinh is head of the steering committee for formulating a project to develop international and regional financial centers in Vietnam, under a government decision issued on Sunday.

Politics - Tue, September 17, 2024 | 11:03 am GMT+7