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Phapros Exports Pharmaceutical Products to Afghanistan and Myanmar

JAKARTA (TheInsiderStories) - The subsidiary of pharmaceutical producer, PT Phapros Tbk (IDX: PEHA) PT Lucas Djaja, has exported Dexamethasone and amoxicilin to Afghanistan and Myanmar, the...

Indonesia Needs US$4.6B to Produces COVID-19 Vaccines in 2021

JAKARTA (TheInsiderStories) - Indonesian government need funds around Rp68 trillion (US$4.59 billion) to produces vaccines in 2021, in order to exit from COVID-19 outbreak, said the...

Indofarma to Distribute Mylan’s COVID-19 Drugs in Indonesia

JAKARTA (TheInsiderStories) - Pharmaceutical firm, PT Indofarma Tbk (IDX: INAF) ready to distribute the anti-coronavirus drug under the brand Desrem Remdesivir, the company announced today. The...

Indonesia’s Kalbe Farma Sells 70% Shares of Morinaga

JAKARTA (TheInsiderStories) - Drug-maker, PT Kalbe Farma Tbk (IDX: KLBF) has sold 70 percent shares of PT Kalbe Morinaga Indonesia to PT Sanghiang Perkasa for Rp265.1 billion...

Indonesia Secures 370 Million Doses of COVID-19 Vaccine Powders

JAKARTA (TheInsiderStories) - Indonesian foreign minister, Retno Marsudi, said the Indonesian government had secured 370 million doses vaccine powders until 2021 after holding talks...

Indonesia Targeting to Produces COVID-19 Vaccine in 1H of 2021

JAKARTA (TheInsiderStories) - President Joko Widodo targeting Indonesia could produces COVID-19 vaccines on the firs semester of 2021. The state-owned drug maker, PT Biofarma joined with...

Indonesia’s Kimia Farma Grants Loan US$168M From Four Banks

JAKARTA (TheInsiderStories) - Indonesian pharmaceutical company, PT Kimia Farma Tbk (IDX:KAEF) granted loans with total amount of Rp2.35 trillion or US$167.85 million from four domestic...

Indonesia to Completes Pharmaceutical Holding on October

JAKARTA (TheInsiderStories) - Indonesia' State Own Enterprises (SOEs) ministry plans to complete the formation of a pharmaceutical holding with PT Bio Farma as a...

Indonesia’s Kimia Farma Buys 57% Phapros Shares

JAKARTA (TheInsiderStories) - PT Kimia Farma Tbk (IDX: KAEF) signed a sale and purchase agreement to buy 56.77 percent or 476.90 million shares of PT...

Kimia Farma Expands Business to Saudi Arabia

JAKARTA (TheInsiderStories) - State-owned pharmaceutical company PT Kimia Farma Tbk (IDX:KAEF) announced  that it has acquired Saudi Arabian company Dawaa Medical for 38.1 million riyals (US$10.15 million)...

Morning Briefs – Dec. 28

JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: India's Balmer Divest 50% Indonesian Unit Shares Balmer Lawrie &...