Do you know who is EMIR Research? Who fund them? An article was referring to Galen Centre. If it is a Sdn Bhd, there is no PN17. So in what condition you declare a sdn bhd a PN17 if we use the status PN17 to describe the financial of a sdn bhd?
For those try to goreng during recent spike but digoreng at the end, dont kancheong, relax and calm. Enjoy the joy of Raya and happy holidays. Maaf Zahir and Batin.
Pharmaceutical companies are not legally bound by the Concession, only Pharmaniaga. These multi-national companies are not into Malaysia to do charity or to help Pharmaniaga to fulfil it's legal obligations. Soon, we will know the direction Pharmaniaga be taking...
Gov tender contribute 80% revenue to some of these MNC, if they wouldn't want to supply to the Pharmaiaga whom is appointed by gov as distributor, they can close shop in Malaysia while there are many co from China and India waiting to take their chance. MOH select the suppliers and pass to Pharmaniaga to distribute therefore these pharma co can ask direct pay from gov or factoring or LC. What is the benefit if you sue your client to bankruptcy while she still paying you?
@Cipta...Please don't be emotional. Sorry to say that you don't understand what a patent means. Furthermore nobody is closing shop here. It's just your accusation. Pharmaniaga is the weakest link here. Nobody wants their sales to turn to become bad debts... Cheers
@welcome88 i m not emotion. you are. Yes, there might be patent medi, but there might not only one who supply the medi for same disease. Afterall, as you presume some MNC will take action, can you tell which co wish not continue biz with Pharma and would like to go direct to MOH on their own?
I trust that new gov decided to continue Pharma with important consideration and good to public or at this moment still not a timing to get in more supplies…
@Cipta... I can be brutal in my view but nothing is fixed permanently on stones. I plan to buy some small number of shares but not at this supported level. To me the price downside is greater. Cheers
@welcome88 if you wish to invest in this co, i strongly suggest u buy a ticket (well, it is cheaper than Blackpink concert) to the AGM to raise all your question for the BOD to clarify it. What say u?
@Welcome88 Sometimes ppl is waiting you to ask so he can explain and clear the air. In many occasions, ppl wishes to answer all the doubts but nobody asks.
since covid-19 is declared as endemic phase, many co already started physical AGM but not Pharmaniaga. All shareholders of Pharma can only attend the upcoming AGM by virtual. What are they afraid?
@Aversion, many AGM already conduct in hybrid. Please spare some thought to elderly and those not Techno fancy. Attending without shareholders present in the venue like watching football via TV without fans in the stadium. Even Apple major shareholders Berkshere Hathaway conduct physical AGM and warren Buffett n Munger attend to meet the shareholders face2face and answered their question. How arrogant Pharmaniaga.
In this difficult time, it is sad that Pharmaniaga is not able to show it's leadership in navigating itself out of the problems it faces. Virtual AGM says it all.
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Posted by BobAxelrod > 2023-04-20 05:58 | Report Abuse
Pharma's cake to be divided??
More competition and Open Tender will lower cost of medicines.
https://www.msn.com/en-my/money/topstories/emir-research-urgent-review-needed-for-pharmaniaga-s-pn17-status-supply-chain-to-avoid-medical-supplier-boycott/ar-AA1a3o0w?ocid=hpmsn&cvid=fee39f3efa3c46ffa5b0feeae09ed868&ei=34