Business

Pharmaniaga to commercialise M’sia’s first halal anticoagulant drug by 2024

Raw material to be based on sheep, goats, says group managing director

Updated 4 years ago · Published on 15 Jul 2022 1:06PM

Pharmaniaga to commercialise M’sia’s first halal anticoagulant drug by 2024
Datuk Zulkarnain Md Eusope says anticoagulant usage in Malaysia increased drastically from 2021 to 2022, especially to prevent severe complications of Covid-19 during the pandemic. – Pharmaniaga Berhad Facebook pic, July 15, 2022

PETALING JAYA – Pharmaniaga Bhd will commercialise the country’s first halal ovine (sheep and goat) anticoagulant (blood thinner) drug in Malaysia by 2024.

Group managing director Datuk Zulkarnain Md Eusope said the company’s partnership with China’s Suzhou Ronnsi Pharma Co Ltd (Ronnsi) will catalyse trade routes for its pharmaceutical products and research and development (R&D) for the anticoagulant drug.

“We have a collaboration for technology transfer with Ronnsi and we will produce raw material for the anticoagulant based on sheep and goats.

“Then, we will produce the anticoagulant drug itself,” he told a press conference after signing a memorandum of collaboration with Ronnsi here today.

Zulkarnain said anticoagulant usage in Malaysia increased drastically from 2021 to 2022, especially to prevent severe complications of Covid-19 during the pandemic. – Bernama, July 15, 2022

Related News

Business / 3y

Private placement part of fund-raising exercise, not regularisation: Pharmaniaga

Business / 3y

Pharmaniaga assures payment issues to be settled earliest by end-April

Business / 3y

Pharmaniaga CEO Zulkarnain resigns effective today

Business / 3y

Pharmaniaga shares down 43% after PN17 classification

Malaysia / 3y

‘No appointment docs for firm procuring ventilators caused govt to lose millions’

Business / 3y

Pharmaniaga enters China’s market via partnership with JD.com

Spotlight

Trump’s North Korea gamble deepens Asia’s doubts over US alliances

Malaysia

Rayer denies involvement in 'Maha Kali Red Rally', claims name and photo misused

Malaysia

E-Hailing driver charged with attempted murder after allegedly setting worker on fire

Business

Nation’s economic outlook strengthens as leading index signals continued growth

Malaysia

‘No parent wants her child to be remembered this way,’ says mother of 14-year-old Keziah

Malaysia

RM1.96m Penang land probe: Two ‘Datuks’ remain in custody

Business

K8 cargo: Businessman seeks clarification from MOF, Customs, Petronas

Malaysia

PH leaders hold talks as Melaka election plans take shape

Malaysia

Bersama rejects political alliances, vows to go solo in Melaka state election

You may be interested

Business

K8 cargo: Businessman seeks clarification from MOF, Customs, Petronas

Business

Govt rules out RM7.5b Datasonic takeover amid identity security concerns

Business

Oil prices pull back after rally as markets brace for tougher Iran sanctions

Business

Matrix Concepts records RM416.7m in 1Q27 sales as geographic diversification gains traction

Business

Nation’s economic outlook strengthens as leading index signals continued growth