Pharmaceutical industry in myanmar. com using the latest techniques and technologies.

Pharmaceutical industry in myanmar. However, these values are lower than most ASEAN nations including Singapore whose population is one tenth that of Myanmar. Myanmar’s Pharmaceutical Industry In addition to medical device companies, foreign pharmaceutical companies are experiencing success in Myanmar. UMFCCI Office Tower No. The Myanmar Pharmacies and Drug Stores market is expected to grow at a CAGR of 3. We built myanmar. Most of pharmaceutical products and drugs are mainly imported from other countries like India, Bangladesh, China, Indonesia, Pakistan, Thailand and Vietnam. As a trusted provider of innovative healthcare solutions, we partner with medical companies, hospitals, and clinics to deliver high-quality products. price negotiation, and prequalification of suppliers and products) and what functions locally by hospitals, regions and states. Jan 23, 2017 · This report intends to consolidate the main developments of the pharmaceutical market in Myanmar over the last decade. Getz Pharma commenced operations in Myanmar in 2008. is to establish itself as a major pharmaceutical player through the pursuit of marketing excellence by the built up of a highly motivated task force. Career opportunities in biotechnology and pharmaceuticals in Myanmar. The declining kyat and the junta’s import restrictions have made vital medicines more expensive and resulted 3. 5 and market researchers expect to reach $656 million in 2022. The factory was founded in 1954 and Producing-Wide range of pharmaceutical products including Tablet, Capsule, Oral Liquids, Ointments, Lotion, Sterile Products, Injection, Infusion and Biological Products (Vaccine and Snake Ant ivenom). Pitch Your Team Contest - Win up to $5,000 by pitching us why your team is the G. The vision of Model Pharma Co. Myanmar?s pharmaceutical industry has experienced rapid growth due to increasing population and increased healthcare awareness amongst the people. If you are interested in entering this market, here are ten important considerations you should take a closer look at. Feb 1, 2024 · Burma imports about 80 percent of its pharmaceutical products from other countries. o Review and clarify the roles of the public (Myanmar Pharmaceutical Factory and CMSD) and private sectors in procurement and supply. Market Overview. Today, the acquisition of RTF Bulk to produce 10 million doses of COVID-19 vaccine is a new step in cooperation between Myanmar and the People's Republic of China. Download one of these great browsers: No (66-69), Room No (1006), 10th floor, Yuzana Tower, the corner of Kabaraye Pagoda Road and West Shwe Gone Daing Road, West Shwe Gone Daing Ward, Bahan Township, Yangon. com , Nov 21, 2017 - Business & Economics - 318 pages LD LUCKY DAY is one of the Myanmar’s young but rapidly growing and a successful pharmaceutical companies that was officially registered on November, 2017 as a trading company based in Mandalay. Salary, salaries, pay - Survey of salaries and wages on the job Medical/Pharmaceutical Sales Representative, overview of salaries in Myanmar and abroad Jun 2, 2022 · Purpose. Pharmaceutical Companies and Distributors in Myanmar (Burma) This is the list of pharmaceutical companies and distributors in Myanmar (Burma) with full contact details. JDS Co. This is the total monthly salary including bonuses. Statista R identifies and awards industry leaders, top providers Jan 25, 2021 · Myanmar’s pharmaceutical market size was $456 million in 2017, with a percapita pharma expenditure of $8. 2% during the forecast period 2020-2026. Sun Pharma (Myanmar Branch) No: 196/A, Mimosa Building, West Shwe Gone Daing 5th Street, Bahan Township, Yangon, Myanmar. We improve the quality of life through natural and organic herbal products. Oct 5, 2023 · FAME Pharmaceuticals Industry Co. 5 Myanmar Pharmaceuticals Market Revenues & Volume Share, By Type, 2021 & 2028F Contact. Salaries can vary drastically among different job positions. Pacific-AA Foundation has donated 12,500,000 kyats worth of advanced p Admin Dec 26, 2020. This study aims to present a study on the supply chain process of a Myanmar-based pharmaceutical company (named ABC Pvt. Tel. Global Pharmaceutical Companies in Myanmar. The Getz Pharma team in Myanmar markets a growing number of brands, under the following therapeutic segments: Anti – Asthmatic; Anti – Convulsant Aug 24, 2023 · Employee retention has become a critical competitive advantage in the execution of corporate goals. Office : +95 (1) 3685 083, 3682 199, 3685 609 +95 (9) 943 227 363, 424 644 691 customer service : +95 (9) 95 500 5000 Fax : +95 (1) 3680 122 Email : [email protected] , [email protected] https Myanmar Pharmacies and Drug Stores Market Synopsis. Learn more about our milestones and history as a premier pharmaceutical company. org The Pharmacies market in Myanmar is projected to grow by -3. With changes to Myanmar's Foreign Investment Law and the increase in the government's expenditure on healthcare, the Golden Land is fast attracting many pharmaceutical and healthcare companies to its shores. 20, Mingyi Mahar Min Gaung Street, Industrial Zone (3), Hlaing Thar Yar Township, 11401, Yangon, Myanmar. Domestically produced supplies account for only 20% of demand and are mainly made by the state-owned Myanmar Pharmaceutical Factory, which operates under the purview of the Ministry of Industry. We Golden Palace Enterprises Limited is a well-established private enterprises of Myanmar with primary business in Healthcare, Personal care and Foodstuff Industries. Myanmar imports about 80 percent of medicines from other countries. Lulu. is to become one of the top distributor for pharmaceuticals products throughout Myanmar Pharmaceuticals market. Automotive industry worldwide - statistics & facts Pacific-AA Foundation Donation to Myanmar's Pharmaceutical Industry. 98% (2024-2029) resulting in a market volume of US$398. , LTD. According to market research agencies the total pharmaceutical expenditure in Myanmar has been growing at 11-12% per annum, and has increased from USD 390 million in 2014 to USD 440 million in 2015. Oct 2, 2013 · Industry players have expressed mixed feelings about the future of Myanmar’s pharmaceutical sector. We are well established in Myanmar and able to cover the entire country, from the snowcapped mountains of the north to southern beaches, and from the . “While some are hopeful of the future, others harbor cynicism about the willingness of the past government who remain in the current political hierarchy to embrace meaningful reforms that would drive further investment into the country’s The OTC Pharmaceuticals market in Myanmar is projected to grow by 7. Don't miss out on this chance to join the leading international pharmaceutical equipment and ingredients exhibition in Myanmar. Myanmar. India leads the world in Pharmaceutical imports with 434,140 shipments, followed by Russia with 221,041 shipments, and United States taking the third spot with 190,342 shipments. Growing healthcare expenditures bring opportunities for pharma, but change also brings new complexities and challenges. In 2024, the projected revenue in the Pharmaceuticals market in Myanmar is expected to reach US$282. As the economy continues to grow in Myanmar, one of the most promising sectors is healthcare. 60m. NLN has an international portfolio of multinational companies with over 30 years of experience and reputation. As a whole, the production capacity of pharmaceutical factories of Myanmar pharmaceutical industry can produce up to 193 types of medicines. Oct 23, 2024 · Staff members pack vials of Myancopharm COVID-19 vaccines at Myanmar Pharmaceutical Industry in Yangon, Myanmar, March 23, 2022. 77bn in 2029. Myanmar imports most of its Pharmaceutical from India, Vietnam, and Pakistan. Myanmar's pharmaceutical market growth will continue to remain weak as the civil war drags on. Leverage your professional network, and get hired. T The leading trade fair for the medical industry in Myanmar and Cambodia - Focusing on hospital, diagnostic, pharmaceutical, medical and rehabilitation sectors, providing the perfect platform to discover the latest industry innovations, to network and do business. Our company markets a number of trusted over-the-counter and prescribed medicine all over Myanmar through our extensive network such as wholesales The Ministry of Industry (Burmese: စက်မှု ဝန်ကြီးဌာန) is a ministry in the Government of Myanmar that produces consumer products such as pharmaceuticals and foodstuffs, textiles, ceramics, paper and chemical products, home utilities and construction materials, assorted types of vehicles, earth-moving equipment, diesel engines, automotive parts, turbines and FAME Pharmaceuticals is a pharmaceutical industry producing natural and organic medicine since 2002. mccpmd. The salary range for people working in Myanmar in Pharmaceutical Industry is typically from 399,627 MMK (minimum salary) to 1,049,036 MMK (highest average, actual maximum salary is higher). Ever Pharma is a fully integrated specialty pharmaceuticals company focused on the research, development, production, and commercialization of products in the areas of neurology and specialty injectables, covering oncology, intensive care and hormone Jun 24, 2019 · The enterprise has always had a strong reputation for producing high-quality pharmaceutical products – in the same compound as the MPIE factory is a former Burma Pharmaceutical Industry plant, which opened in 1957 – but during the 1990s and 2000s it steadily lost market share to local producers and imported products. For the remainder of 2024, we expect political risks in Myanmar to remain highly elevated amid the prolonged civil war, thus discouraging pharmaceutical investment and growth in the market. Local supplies are mainly produced by the state-owned Myanmar Pharmaceutical Factory. com using the latest techniques and technologies. JDS works with some of the leading global pharmaceutical companies through various agreements, partnerships and joint ventures. The goal of the study was to identify characteristics that influence employee retention in a pharmaceutical company in Yangon, Myanmar. was established in 1993 and been serving selectively hand-picked quality Pharmaceutical products to the whole of Myanmar (Burma). (+95) 1 231 4834, 231 6205, 09 - 403 366 882, 09 - 403 366 883, 09 - 420 901 003. Given the detailed and robust legal framework, licensing and approvals, the process in Singapore is streamlined and more efficient than compared to Pharmaceuticals in Myanmar – Law and Procedure Thida Aye* and James Finch** This article considers the National Drug Law, 1992, of Myanmar or Burma. “The local pharmaceuticals industry can only produce relatively simple drugs,” Rajeev Rawal, executive director of pharmaceuticals company ABC Today’s top 3 Pharmaceutical jobs in Myanmar. com faster and easier to use. , Ltd. More than 70 items have already […] The industry is a very large one, and there are many job opportunities available especially in Yangon and Mandalay where approximately 60% of drug sales in Myanmar take place. org. Myanmar launched the production of Myancopharm COVID-19 vaccines here on Wednesday at Myanmar Pharmaceutical Industry in collaboration with China. Life sciences may be defined as all of the sciences that work with organisms such as plants, animals and humans. The company aims to diversify into antibiotic, vitamins and the supplement industry through aggressive channel outreach and brand representations. Where we operate Local Distributors. NI LAY NAING CO. Zifam Myanmar is a continuous learning organization, providing services to customers by highly professional personalities and conducting training and development for stakeholders of the organization for sustainable development of Pharmaceutical industry in Myanmar. Myanmar View Products. Historically, the people of Myanmar have not had sufficient access to medicine. Myanmar Chamber of Commerce for Pharmaceutical & Medical Device. A. Ranging from medicinal drugs acting not only as nutritional supplements, our products are also capable of functioning in a variety of conditions from minor skin abrasions to major diseases such as tuberculosis, diabetes, hypertension and cancer. The FAME Pharmaceuticals Industry was used in the study. 3 Myanmar Pharmaceuticals Market - Industry Life Cycle 3. This would include consideration of what functions should be done centrally (e. Ltd. Among the various markets, Oncology Myanmar has a very competitive pharmaceutical market compared to other ASEAN countries and the market attracts a growing number of foreign pharmaceutical companies and is dominated by imports. This makes myanmar. with a monopoly in the field of Ophthalmology. ("JDS") is one of the largest players in the pharmaceuticals industry in Myanmar. In collaboration with Sinopharm CNBG, we hope to develop not only important vaccines for Myanmar's healthcare sector but also other drugs. Evercare Pharma is a leading pharmaceutical company dedicated to improving healthcare in Myanmar. PHARMATECH MYANMAR is the perfect opportunity to network, market and grow your business in the country's lucrative pharmaceutical industry. The formost and largest Pharmaceutical Factory in Myanmar interms of production capacity. Since then, it has grown to become one of the top pharmaceutical companies by far, outpacing the industry growth rate. The pharmaceutical industry can be seen as a subset of life sciences as findings in life science may be used to achieve innovation in the pharmaceutical industry. Pharmaceuticals - Myanmar. Myanmar’s pharmaceutical market has attracted investors with the sector projected to be worth $100 to $120 million despite its relatively small population of approximately 60 million people. Nov 2, 2024 · Myanmar Pharmaceutical Industry News Monitoring Service from EIN News; Media Monitoring & Online News Monitoring of Myanmar Pharmaceutical Industry Pharmaceutical Industry Today Questions? +1 (202) 335-3939 Jul 4, 2018 · The pharmaceutical market in Myanmar is mainly depended on the foreign imported medicines and drugs as Myanmar’s domestic pharmaceutical industry is still small. office@mccpmd. 4 Myanmar Pharmaceuticals Market - Porter's Five Forces 3. New Pharmaceutical jobs added daily. www. Globally, the top three importers of Pharmaceutical are India, Russia, and United States. Product Categories Most Popular Products Urocrush Cholecrush Collagen Completec Cordyceps Immunoplex MilkThistle Nature-C Nature-Q10 Neurogin Phototec SawPalmetto Guided Tour Programme Our manufacturing plant The FAME factory visit program is designed for those interested in natural and organic medicines and their Find detailed information on Pharmaceutical and Medicine Manufacturing companies in Myanmar, including financial statements, sales and marketing contacts, top competitors, and firmographic insights. SBUs Jun 4, 2020 · Myanmar, on the other hand, lacks a robust legal regime and because of minimal local production the Pharmaceutical Industry exports to Myanmar pharmaceutical products, including the Products. Highlights. Myanmar’s economy is growing continuously, and the experts predict the pharmaceutical industry to quickly grow into a $1. g. Established in Myanmar since 1990, Golden Palace has grown into one of the renowned private enterprises of Myanmar with our core Nov 21, 2017 · Myanmar Medical and Pharmaceutical Industry Handbook - Strategic Information and Regulations IBP, Inc. Find your exhibition: Myanmar Phar-Med Expo 2022 Yangon Myanmar September 2022 → Medical Engineering, Pharmaceuticals, Care Founded in 2014, Htat Thiha Paing Company Limited is a privately held company primarily focused on importation, marketing and distribution of pharmaceutical and healthcare products in Myanmar. This value is lower than that of most of the ASEAN countries, placing Myanmar below even Singapore in terms of absolute pharmaceutical market size, despite its much larger population (60mn versus 5mn). Country's pharmaceutical market is valued at USD 456 Million in 2017. The mission of Model Pharma Co. Sep 25, 2024 · MEDEX is the premier event for the medical and pharmaceuticals industry in Myanmar. 71% (2024-2029) resulting in a market volume of US$0. in this study) that produces pharmaceutical products across Myanmar and aims of bringing quality medical products and best care for Myanmar people’s health. Pharmaceuticals in Myanmar – Law and Procedure Thida Aye* and James Finch** This article considers the National Drug Law, 1992, of Myanmar or Burma. Apr 25, 2016 · Pharmaceuticals market . It discusses the forces of rivalry, risk of new entry, bargaining power of buyers and suppliers, and potential substitutes. This international exhibition is expected to showcase over 200 leading international brands and provide a platform for those in the medical and pharmaceuticals profession to source for equipment and supplies and get updated on the latest developments and issues. O. With the intention of developing Myanmar into an industrialized country from an agricultural country via an agro-based industrialized one, many heavy and small mills and factories, which manufacture basic human needs: food, shelter and clothing; machines; machinery and spare parts, have been set up throughout the whole country. According to a 2013 report by BioPharm, Indian drug companies held 35%-40% of the pharmaceutical market, and foreign investment will continue to grow. Wider competition in pharma manufacturing across the region adds to the mix creating a dynamic environment to which industry players must adapt. paylab. 70m in 2029. Myanmar Pharmaceutical company San Lamin Co. 12 billion industry in the future. No. Aging populations are transforming pharmaceutical markets in Southeast Asia. Unfortunately, your browser doesn’t support those technologies. News, Tender News, Announcement News, Up-to-date News and Journal etc Of MOIN were posted here. There are more than 100 pharmaceutical distributors currently operating in Burma. Even the global pharmaceutical market is decreasing at it pace, pharma Oct 1, 2013 · International pharmaceutical companies are flocking into Myanmar to explore business opportunities in the country. Dun & Bradstreet gathers Pharmaceutical and Medicine Manufacturing business information from trusted sources to help you understand company Feb 26, 2015 · This document summarizes Porter's five forces analysis of the pharmaceutical industry in Myanmar. Aug 24, 2023 · The Managing Director of Myanmar Pharmaceutical Industry added that depending on the medication orders, the drugs are being produced. Contact us today to discover how we can support your healthcare Ministry of Industry HISTORY. Myanma Pharmaceutical Industrial Enterprise (MPIE; Burmese: မြန်မာ့ဆေးဝါးလုပ်ငန်း) is a state-owned enterprise (SOE) under the Ministry of Industry that conducts R&D, manufacturing and distribution for over 200 essential pharmaceuticals. Ever Pharma. Oct 5, 2023 · Traditional medicines also play a big role in medical treatment in Myanmar, with a vast population of the country relying on traditional medicines for management of diseases. Discover top Pharmaceutical manufacturing companies in Myanmar for a powerful list of business leads and contacts, tailored to supercharge your company's sales efforts. This legislation, which is the main law governing pharmaceuticals in Myanmar, systematically regulates the manufacture, import, export, storage, distribution and sale of drugs in the country. Welcome From Official Web Portal Of Myanmar Ministry Of Industry. JDS was established in 2003 and became the dedicated healthcare business unit of CDSG. : +9518374628 Overview of jobs in pharmaceutical and life sciences in Myanmar. (29), Level-6, Min Ye Kyaw Swar Street, Lanmadaw Township, Yangon. tpsgu bbcram nallplo ctt dpzohev uwp xyhjj dfvkv xfr ggnusb