Pharmaniaga
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Company type | Public limited company |
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MYX: 7081 | |
Industry | |
Predecessor | Southern Task (M) Sdn Bhd (1994) Remedi Pharmaceuticals (1994-1998)[1] |
Founded | 1994 |
Founder | UEM Group |
Headquarters | Shah Alam, Selangor, Malaysia |
Area served | Worldwide |
Key people | Izaddeen Daud, Chairman; Zulkifli Jafar, Executive Director; Norai'ni Mohamed Ali, Chief Financial Officer; Idham Ismail, Chief Strategy Officer; Dr Badarulhisam Abdul Rahman, Chief Scientific Officer and Datuk Azni Hasan Basri, Chief People Officer |
Products | Prescription drugs, over-the-counter drugs, biopharmaceuticals |
Revenue | RM3,404,481,000 (FY2023) |
RM78,744,000 (FY2023) | |
Number of employees | Over 3,400 |
Parent | Boustead Holdings |
Subsidiaries |
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Website | www |
Pharmaniaga Berhad (Pharmaniaga) is a Malaysian pharmaceutical company. It is a subsidiary of Boustead Holdings, an affiliate of the Malaysian military.
History
[edit]Pharmaniaga was established in 1994 as Remedi Pharmaceuticals.[1] The company was renamed as Pharmaniaga in August 1998 and is the first healthcare company in Malaysia to be listed in the Main Market of Kuala Lumpur Stock Exchange (now Bursa Malaysia).[2]
Ownership
[edit]Pharmaniaga is a public limited company. Its two major shareholders are Boustead Holdings and Lembaga Tabung Angkatan Tentera (LTAT). The major owner of Boustead Holdings is itself LTAT.
The Company's Board Members comprise Izaddeen Daud, Non-Independent Non-Executive Chairman; Zulkifli Jafar, Executive Director; Dr Abdul Razak Ahmad, Senior Independent Non-Executive Director; Sarah Azreen Abdul Samat, Independent Non-Executive Director; Ahmad Shahredzuan Mohd Shariff, Non-Independent Non-Executive Director; Mohammad Ashraf Md. Radzi, Non-Independent Non-Executive Director; Dato’ Mohd Zahir Zahur Hussain, Independent Non-Executive Director; Dato’ Dr Faridah Aryani Md Yusof, Independent Non-Executive Director; Drs Imam Fathorrahman, Independent Non-Executive Director; Dr. Mary Jane Cardosa, Independent Non-Executive Director dan Dato' Seri Dr. Awaludin Said, Independent Non-Executive Director.
Business Overview
[edit]Pharmaniaga's expertise extends beyond manufacturing, encompassing logistics and distribution, as well as dynamic sales and marketing strategies that ensure their products reach those in need nationwide.
Pharmaniaga has over 3,400 employees, and more than 200 scientific and technical experts across various disciplines.[citation needed]
With five manufacturing plants, including Indonesia plant, Pharmaniaga is capable of producing products in various forms; from oral solids, liquids and creams to small volume injectables. Its product portfolio encompasses a diverse segment of therapeutic areas such as cardiovascular, diabetes, anti-infectives, pain management, and respiratory, amongst others.[citation needed]
Its Indonesia operations comprise of PT Errita Pharma (Errita) and PT Millennium Pharmacon International Tbk (MPI). MPI is a public listed company on the Indonesia Stock Exchange with 35 branches nationwide. Meanwhile, Errita produces over 60 generic pharmaceuticals as well as over-the-counter products.
References
[edit]- ^ a b Malaysia’s Top 10 pharmaceutical companies Top10malaysia (August 26, 2015). Retrieved on August 26, 2015.
- ^ Pharmaniaga Berhad: An analysis UK Essay (April 5, 2017). Retrieved on April 5, 2017.