Vietnam sees famous medical and pharma M&A deals in 2023
The year 2023 has witnessed many large M&A deals in the medical and pharmaceutical industry, with two international hospitals falling into the hands of foreign owners and a wave of foreign investors’ acquisitions of Vietnamese drug companies.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
S Korean biotech firm, Vietnam’s Pasteur Institute plan $11 mln primate farm
Eco & Tech Co. Ltd., a South Korean provider of biotech solutions, will cooperate with Khanh Hoa province to build a $11-million primate farm for research purposes.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam pharmaceutical firms record falling profits in Q3
Drug producers in Vietnam saw a steep decline in third-quarter profits compared to the same period last year, with some hitting their lowest levels in four quarters.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Foreign investors earn big from acquiring Vietnam pharma firms
In addition to profiting from stock price hikes, foreign firms have regularly received annual dividends of 20-40% from Vietnamese pharmaceutical enterprises.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
German pharma giant to ship billions of tablets from Vietnam to Europe
German pharmaceutical giant Stada Group will ramp up drugs production at both its Vietnam factories and significantly boost exports to Europe, says CEO Peter Goldschmidt.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dongwha Pharm acquires Trung Son Pharma 51% stake for $30 mln
South Korea’s Dongwha Pharm said Thursday it will acquire a 51% stake in Vietnam’s Trung Son Pharma for KRW39.12 billion ($29.86 million).
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Pfizer putting even more breakthroughs in Vietnamese patients’ hands
Pfizer is pursuing what the U.S. drugs giant believes to be the most innovative biopharmaceutical therapies with a purpose of making breakthroughs that change patients’ lives, Pfizer Vietnam general director Darrell Oh tells The Investor.
Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7
Pfizer signs child healthcare deal with Vietnam pediatrics association
Pfizer Vietnam, part of global drugs giant Pfizer, has signed a memorandum of understanding (MoU) with the Vietnam Pediatrics Association to enhance the capacity of healthcare professionals in pediatric diagnosis and treatments from 2023-2026.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Drugs giant GSK, Pharmacity join hands to care for Vietnam patients
GSK Vietnam, a unit of global biopharma giant GSK, has embarked on a strategic partnership with Vietnam’s Pharmacity to enhance the latter’s pharmacist capability to assist patients in adhering to doctors’ treatments.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Polish pharma giant Adamed takes over Vietnam Davipharm
Polish pharmaceutical giant Adamed Pharma has entirely acquired Dat Vi Phu Pharmaceutical JSC (Davipharm), a leading Vietnamese manufacturer of high-quality generic drugs.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
GSK to bring more innovative vaccines, medicines to Vietnam
British drugs giant GSK launched a $200 million legal entity in Vietnam last year as part of its commitment to long-term investment in the country. GSK Vietnam president Pham Thi My Lien tells The Investor that its new Ho Chi Minh City warehouse is a world-class facility, and the firm plans to introduce more vaccines and medicines to the market.
Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thai Binh province to build Vietnam’s first bio-pharma industrial park
Northern Vietnam's Thai Binh province plans to build a bio-pharma industrial park in Quynh Phu district, the first in Vietnam, with a target to attract investments of $800 million in 2024-2027 and $1.2 billion in 2028-2030.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Pharma market needs innovations to cope with fragmented supply chain
The Covid-19 pandemic has led to changes in the perception and behavior of pharma consumers. Hoang Nguyen, CEO and co-founder of Buymed Co. Ltd., the operator of medicine e-commerce platform thuocsi.vn, talks to The Investor about the startup's innovations and opportunities arising for healthcare businesses in this context.
Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam healthcare expenditure to reach $23.3 billion in 2025
Healthcare spending in Vietnam rose from $16.1 billion in 2017 to $20 billion in 2021 and could rise to $23.3 billion in 2025 and $33.8 billion in 2030.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
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