Indonesia Planning to Relax Drug Patent Rules to Boost Domestic Pharmaceutical Industry
The Indonesian federal government is planning to relax standards on drug patents with an omnibus bill on job creation to support the country’s pharmaceutical manufacturers and encourage patent-sharing. The government aims to strengthen the...
Indonesia Seeks to Reduce Pharmaceutical Ingredient Imports
The Indonesian government has established a pharmaceutical holding company to supply feedstock for local pharmaceutical sector and reduce dependence on imports. The holding company brings together three state-owned company, PT Bio Farma, PT Kimia Farma and PT...
Malaysia’s VentureTECH Increases Investment in Tissue Engineering Medical Products Company
VentureTECH, a Malaysia-based investment company that is a subsidiary of the Malaysian Industry-Government Group for High Technology (MIGHT) has announced plans to expand its investments in Cell Tissue Technology Sdn Bhd (CTT). This move is primarily targeted to help...