Business

Kanger gets Science Ministry’s green light to buy Covid-19 vaccine

Company aims to venture into distribution of China's Sinopharm supplies

Updated 5 years ago · Published on 23 Nov 2020 2:51PM

Kanger gets Science Ministry’s green light to buy Covid-19 vaccine
Sinopharm has two Covid-19 vaccines in phase three trials, which is the final stage before being approved for general use. – November 23, 2020

KUALA LUMPUR – Kanger International Bhd (Kanger) said it has received support from the Science, Technology and Innovation Ministry to purchase Covid-19 vaccines for private sector use in Malaysia.

In a statement today, the company said the National Institutes of Biotechnology Malaysia (NIBM) – an agency under the ministry – has no objections to the company liaising with the China National Pharmaceutical Group Corp (Sinopharm) on the purchase of its vaccines.

“As countries around the world work towards securing Covid-19 vaccine supplies, it is necessary for both the public and private sector to join efforts.

“Just recently, Malaysia and China's governments signed an agreement to foster greater collaboration in combating the Covid-19 pandemic, which includes cooperation in vaccine research and development (R&D) and supply,” said Kanger executive director Steven Kuah Choon Ching.

He said the company is pleased to receive support from the ministry and NIBM as it demonstrates the government’s commitment in exploring all avenues to ensure Malaysians gain access to the vaccines.

On September 29, Kanger announced that it aims to venture into the distribution of Covid-19 vaccines and had signed a collaboration agreement with Sinopharm Group Hunan Changde Medical Co Ltd, a subsidiary of Sinopharm, for the distribution of the vaccines.

Sinopharm, a Chinese state-owned enterprise, is the largest and oldest biotech company in China.

It has two Covid-19 vaccines already in phase three trials, which is the final stage before being approved for general use in more than 10 countries. – Bernama, November 23, 2020

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