Vietnam sees famous medical and pharma M&A deals in 2023

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

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

Pfizer putting even more breakthroughs in Vietnamese patients’ hands

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

Thai Binh province to build Vietnam’s first bio-pharma industrial park

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

Vietnam healthcare expenditure to reach $23.3 billion in 2025

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

Vietnam spends over $6.6 bln on medicines

Vietnam spends over $6.6 bln on medicines

Total pharmaceutical spending topped $6.6 billion last year, signifying rapid growth of Vietnam's healthcare market, says a report by Vietnam Industry Research And Consultancy (VIRAC).

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Foreign drugmakers ramp up investments in Vietnam

Foreign drugmakers ramp up investments in Vietnam

Multinationals are scaling up investments in the growing pharmaceutical industry in Vietnam, which boasts a population of 100 million and a medicine market valued at $6.2-6.4 billion a year.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam Medicinal Materials JSC to list next week

Vietnam Medicinal Materials JSC to list next week

Vietnam Medicinal Materials JSC, which recorded an all-time high net profit of over VND50 billion ($2.1 million) last year - 2.3 times higher than the same period in 2020, will list on the Hanoi Stock Exchange on July 19.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7