Home Tags Pharmacy

Tag: Pharmacy

Indonesia’s Kalbe Signs License Agreement with Genexine for US$1.1B

JAKARTA (TheInsiderStories) - PT Kalbe Genexine Biologics (KGBio), unit of private pharmaceutical company, PT Kalbe Farma Tbk (IDX: KLBF), signed a license agreement with South...

South Korea’s Sungwun, Kimia Farma Builds Drug Factory in Indonesia

JAKARTA (TheInsiderStories) - The pharmaceutical company, PT Kimia Farma Tbk (IDX: KAEF) collaborates with South Korean firm, Sungwun Pharmacopia Co. Ltd., plans to develop a the...

Switzerland’s Achiko Set Up JV with Indonesia Farma Medis

JAKARTA (TheInsiderStories) - Achiko AG (SWX: ACHI) and PT Indonesia Farma Medis created PT Achiko Medika Indonesia to produce a test platform for COVID-19 in Indonesia,...

US’s General Atlantic Invests US$55M in Kalbe Genexine Biologics

JAKARTA (TheInsiderStories) - A global equity firm, General Atlantic, invested US$55 million in Kalbe Genexine Biologics (KGBio), the unit of drug-maker, PT Kalbe Farma Tbk (IDX:...

Indonesia Extends Tax Incentive for the Health Sector

JAKARTA (TheInsiderStories) - Minister of finance, Sri Mulyani Indrawati, has extended the tax incentives for the health sector in Indonesia, including the pharmaceutical industry until...

Bio Farma Prepares US$179M to Support Indonesia’s Health Program

JAKARTA (TheInsiderStories) - PT Bio Farma, the state-owned pharmaceutical firm, prepared a capital expenditure around Rp2.5 trillion (US$178.57 million) in this year, the CEO said last...

Indonesia’s Kalbe to Spend US$71M in 2021

JAKARTA (TheInsiderStories) - The pharmaceutical company, PT Kalbe Farma Tbk (IDX: KLBF) prepared capital expenditures around Rp1.1 trillion (US$78.01 million) in 2021, said the finance...

Indonesia’s Pyridam Farma Releases US$21M of Bond

JAKARTA (TheInsiderStories) - Indonesian pharmaceutical firm, PT Pyridam Farma Tbk (IDX: PYFA) to release five years' bond with total amount of Rp300 billion (US$21 million)...

Indonesia Will Inject US$143M for Bio Farma to Produces Vaccine

JAKARTA (TheInsiderStories) - Indonesian government will inject Rp2 trillion (US$142.83 million) to state-owned pharmacy company, PT Bio Farma to construct vaccine manufacturing and production facilities,...

Kalbe Farma Divests Philippines’s Asset to ARC Holding

JAKARTA (TheInsiderStories) - Pharmaceutical company, PT Kalbe Farma Tbk (IDX: KLBF) divested Asiawide Kalbe Philippines Inc., stakes to ARC Holdings Inc., an American-based company....

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’s Kalbe Farma Takes Over Innolab for US$1.3M

JAKARTA (TheInsiderStories) - Drug-maker, PT Kalbe Farma Tbk (IDX: KLBF) spent Rp19 billion (US$1.29 million) to take over 60 percent the laboratory clinic firm, PT Innolab...

Widodo’s Minister Hunts COVID-19 Vaccines to China and Europe

JAKARTA (TheInsiderStories) - To ensure a COVID-19 vaccine test this November, Joko Widodo' ministers meet manufacturers in China and Europe. Last week, coordinating minister for maritime...

COVID-19 Pandemic Maybe Proving Ground for DNA, RNA Vaccine Sector

JAKARTA (TheInsiderStories) - The most sought-after goal in tackling the global COVID-19 will be the development of an effective vaccine that induces effective and long-lasting immunity...

Indonesia’s Kalbe Farma Prepares US$68M to Produces COVID-19 Vaccine

JAKARTA (TheInsiderStories) - A private pharmaceutical company, PT Kalbe Farma Tbk (IDX: KLBF) needs an investment up to Rp1 trillion (US$68.02 million) to produces COVID-19...

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...

Effective Vaccine May Not Be Available Until the Summer of 2021

JAKARTA (TheInsiderStories) - The most sought-after goal in tackling the global COVID-19 pandemic will be the development of an effective vaccine that induces effective and long-lasting...

Singapore’s Rejuve Global Becomes Pyridam Farma Shareholder

JAKARTA (TheInsiderStories) - Rejuve Global Investment Ptd. Ltd., have acquired the shares of PT Pyridam Farma Tbk (IDX: PYFA) after acquiring 47.61 percent ownership...
`