How much projection of profit to sell Vaccine in Malaysia? those uninfected willing to get vaccinated? sell few hundred doses of vaccine how much is profit earning? earn less than 100k ? wait limit down only la
Malaysia changed from a central government purchasing system to a privatization model where a private company is given exclusive concession to supply a large part of medical supplies to the government. A study in 2009 found that selected drug prices in the public sector increased post privatization, particularly between 2001 and 2003 when they rose by 64%.
From 2006 to 2016, the pharmaceutical market (prescription and over-the-counter (OTC) drugs) grew at an average annual rate of 8.3% from RM3.4 billion to RM8.6 billion
Production of generic medicines is mainly for domestic consumption although the larger companies are increasingly turning to exports. These include Duopharma (CCM) and Pharmaniaga (both GLCs), Hovid, Kotra and Y.S.P. The two large GLC pharmaceutical manufacturers are casting their nets abroad. Exports account for 25% of Pharmaniaga’s and 11% of CCM’s sales revenues respectively.
Don't put too high hope on vaccine. Malaysia and some countries recovery rate is encouraging which means existing drugs are as good in fighting the disease. And most of these drugs has been in the market for many years which patent already expired and we are able to produce the generic locally.
Dpharma result is flat due to it not having extra applicable sales to hospital equipment, quarantine center set up and etc..
Pharma at the other side will involve in distribution and sales of sanitizer, gloves, cuff, syringes and etc to government hospital in msia.. Expected to see Pharma performed much better in Q2 compared to DPharma flattish result..
However, the opportunity of vaccines sales still remain good as Msia will put it compulsory for vaccination upon having the right vaccine..
Steady... Wait the timing coming only....China already in final stage and stanby production line to produce for anytime. Grab and stay tune. If you don't taken some risk how to gain a big deal. Willing Give out myvi only able Gain a Ferrari. No pain no gain.
The candidate triggered robust antibody responses in inoculated people, but it remained unknown if that was sufficient to prevent COVID-19 infection, researchers developing the vaccine said in the paper.
Sinopharm's chairman told state media last month that a potential vaccine could be ready by the end of this year with Phase 3 testing expected to be completed in about three months.
Dr LimKH. From March to now. All covid19 test kit reported costs 100 million RM. At malaysia kini page. Sure it is distributed through pharmaniaga logistics
900m at 2.9% / 261m shares is 10sen x 4 so max pe 15 about 6.0 result out evening or lunch time?
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Posted by DrLimKH > 2020-08-13 15:09 | Report Abuse
every spike has a catalyst. next one is Q2 next week. but how powerful depends but retrace will be shallow