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Pharmaniaga confident of getting approval soon


Pharmaniaga will be the first biggest player in the race of developing its own Malaysian-made halal vaccines by 2024.
WITH the vaccine rollout starting to take on more influence throughout the world and even here in Malaysia, it was no surprise that the pace of Malaysia’s own programme has started to flesh out in greater detail.
That in turn has seen companies, which have long been entrenched in the healthcare theme, beginning to reveal more developments of their strategies.
But more significant news to the investment world in this country was the statement issued by the Securities Commission (SC) to local listed companies announcing plans to be involved in what many see as a money-making venture. ....

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Apex joins the fray


to become the main authorised distributors of the government-procured vaccines to local hospitals.
Beyond that, several healthcare providers are expected to participate in the wholesale distribution process on behalf of the distributors of government-procured vaccines.
Analysts are betting on several companies including Apex Healthcare Bhd
. This is based on its vast distribution network, past track record of distributing vaccines and other pharmaceutical products.
Apex has enough cold chain facilities in both Malaysia and Singapore that are capable of storing vaccines.
“Coupled with a robust warehousing system, we predict that Apex will be a prominent player in the Covid-19 vaccine distribution, ’’ said AmInvestment Research wrote in a report. ....

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Firms to supply 18.4 million doses of vaccines


PETALING JAYA: Malaysia has secured deals to acquire 18.4 million doses of Covid-19 vaccines through Pharmaniaga Bhd
.
In separate announcements, Pharmaniaga said it would be supplying 12 million doses of Covid-19 vaccines developed by China’s Sinovac Life Sciences Co Ltd, while Duopharma said it would supply 6.4 million doses of Sputnik V developed by Russia’s Gamaleya Research Institute to the government.
Both companies yesterday said they had entered into a term sheet agreements to supply the Covid-19 vaccines to the Health Ministry.
Pharmaniaga said it would begin manufacturing Sinovac Covid-19 vaccines in February and will deliver the bottled vaccines to identified hospitals and other healthcare facilities nationwide by April 2021. ....

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