Pharmaniaga in MoU to broaden international presence

KUALA LUMPUR: Pharmaniaga Bhd‘s wholly-owned subsidiary Pharmaniaga Manufacturing Bhd has inked a memorandum of understanding (MoU) with Prime Medical Retailer LLC to ascertain a collaboration to doubtlessly broaden its international presence.

In a submitting with Bursa Malaysia, Pharmaniaga mentioned the collaboration would function a platform for the group to commercialize its pharmaceutical merchandise within the United Arab Emirates in addition to set up its presence in different Center East international locations. “The MoU will not be anticipated to have any materials impact on the group’s earnings and earnings per share for the monetary yr ending Dec 31, 2022. Transferring ahead, the group expects that the collaboration would have a constructive impression on the earnings of the group, it mentioned.


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