Business

Pharmaniaga unit inks supply agreement for extra 6 mil Covid-19 doses

SST, collaboration will allow company to help nation in supplying vaccines, says PLS

Updated 4 years ago · Published on 12 Aug 2021 2:00PM

Pharmaniaga unit inks supply agreement for extra 6 mil Covid-19 doses
The agreement will help Malaysia achieve its targeted vaccination rate, says Pharmaniaga Lifescience. – The Vibes file pic, August 12, 2021

KUALA LUMPUR – Pharmaniaga Bhd’s wholly owned subsidiary Pharmaniaga Lifescience Sdn Bhd (PLS) yesterday signed the Surat Setuju Terima (Tambahan) Perolehan Pembekalan Covid-19 Coronavac Suspension with the government for the purchase of an additional six million doses of fill and finish and imported finished product of Covid-19 vaccine (SST).

In a filing with Bursa Malaysia, Pharmaniaga said the parties involved have also agreed to execute a supplementary agreement to enable PLS to sell, supply and deliver to the government the number of doses requested.

“The SST and collaboration contemplated therein will serve as a platform for the company to assist the nation in supplying the vaccine.

“It will also help Malaysia achieve its targeted vaccination rate,” the company said.

Pharmaniaga said the SST will have material effect on the group’s earnings and earnings per share for the financial year ending December 31. – Bernama, August 12, 2021

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