The top 10 businesses consist of Binh Thuan Plastic Group JSC, HD Securities Corporation, Orient Securities Corporation, Imedia Technology and Services JSC, SOL E&C Construction Investment JSC, Vietnam Vitadairy Milk JSC, Taseco Land Investment JSC, Stellapharm J.V. Co. Ltd., CNC Technology Solutions JSC, and Bee Logistics Corporation. The top 10 in the 2024 list of
With a population of more than 100 million and a total drug consumption of more than 8 billion USD in 2023, the Vietnamese pharmaceutical market is quite attractive and has a lot of potential for production and business activities. The Ministry of Health said that 2024 is a key year, with the review and amendment
Việt Nam’s pharmaceutical industry still faces many challenges and difficulties in the context of increasingly deep integration with the world, participants heard at a special seminar in Hà Nội. HÀ NỘI — Việt Nam’s pharmaceutical industry still faces many challenges and difficulties in the context of increasingly deep integration with the world, participants heard at
The northern province of Thai Binh plans to build an industrial park to develop pharmaceutical and biological products, the first of its kind in Vietnam. Partners in the project are the Singapore-based Makara Capital Partners Pte. Ltd. and Sakae Corporate Advisory Pte. Ltd. and Vietnam’s Newtechco Group JSC. Under an MoU signed between provincial authorities
According to preliminary statistics from the General Department of Customs, in the first 6 months of 2024, our pharmaceutical import value reached 1.997.990.548 USD, an increase of 24,1% over the same period in 2023. According to preliminary statistics of the General Department of Customs, pharmaceutical import turnover in June 6 reached 2024 USD, down 348.711.261%
The total value of Vietnam’s pharmaceutical market is estimated at US$7 billion, but the industry faces challenges including low infrastructure and limited financial capacity, insiders have said. Vietnam’s pharmaceutical industry has experienced high growth over the past 10 years, with a compound annual growth rate of 7.3%. According to the Drug Administration of Vietnam under
Continuing the program of the 32nd session, on the afternoon of April 16, the National Assembly Standing Committee gave opinions on the Law Project amending and supplementing a number of articles of the Pharmacy Law. Reporting at the meeting, Minister of Health Dao Hong Lan said that compared to the current law, the draft Law
The version grants pharmaceutical business licenses to non-profit pharmaceutical entities that engage in commercial activities to ensure essential medicines reach a wider range of the population. HÀ NỘI — A revised version of the Law on Pharmaceuticals 2016 will be presented to the National Assembly for discussion and feedback during a legislative meeting from June
(HealthDay News) — Prenatal opioid exposure seems not to be associated with a meaningful increase in the risk for neuropsychiatric disorders in offspring, according to a study published online April 24 in The BMJ. Jiseung Kang, Ph.D., from the University of Oxford in the United Kingdom, and colleagues conducted a nationwide birth cohort study to
With the development of the global economy, the growth of the total population and the aging of society, the demand for drugs is increasing, and the market size of the global pharmaceutical industry will maintain growth. stable.In 2023, the total global pharmaceutical market is estimated to be approximately US$1,6 trillion. This is an increase of
According to the Resolution, the Government of Vietnam highly appreciates the Ministry of Health of Vietnam for taking charge and cooperating with ministries and central authorities in actively preparing and presenting Bills according to the Law on Promulgation of Legislative Documents 2015; and Agrees on the necessity of the development of the Law on amendments
Despite answering a number of state management requirements, the Pharmacy Law 2016 still displays certain inadequacies. Its amendments are supposed to provide patients with better access to new medication. To address inadequacies in the Law on Pharmacy 2016, the Government has already submitted a draft Law on Amendments for the Pharmacy Law 2016 to the
Vietnamese pharmaceutical market grew from $2.7 billion in 2015 to $7 billion in 2022 and is forecast to reach more than $10 billion by 2026. The Vietnamese pharmaceutical industry is seeing great advantages.People’s spending on health was increasingly high giving pharmaceutical enterprises great potential for development, said Associate Professor, PhD. Lê Văn Truyền, former Deputy
The European Commission’s Health Emergency Preparedness and Response Authority (HERA), working with the Belgian Presidency of the Council of the EU, have today launched the Critical Medicines Alliance at the margins of the informal EPSCO Council meeting of health ministers, as part of the actions to build a strong European Health Union. The Alliance brings
Under the People’s Committee of Ho Chi Minh City-approved project, the southern metropolis will have the country’s first largest medical and pharmaceutical industrial park. The city Department of Health today said that the municipal People’s Committee has just issued the Decision No. 657/QD-UBND to approve the Project ‘Developing Ho Chi Minh City’s pharmaceutical industry to
The top 10 businesses consist of Binh Thuan Plastic Group JSC, HD Securities Corporation, Orient Securities Corporation, Imedia Technology and Services JSC, SOL E&C Construction Investment JSC, Vietnam Vitadairy Milk JSC, Taseco Land Investment JSC, Stellapharm J.V. Co. Ltd., CNC Technology Solutions JSC, and Bee Logistics Corporation. The top 10 in the 2024 list of
The amended Law on Pharmacy is key in ensuring comprehensive and adequate healthcare resources for the people. HÀ NỘI — Deputy Prime Minister Trần Hồng Hà emphasised that the amended Law on Pharmacy must include regulations to support foreign pharmaceutical enterprises to invest in drug production and technology transfer in Vietnam. Speaking at a meeting
Deputy Prime Minister Tran Hong Ha underlined the need to manage the pharmaceutical industry under market rules, ensuring publicity, transparency, quality control, safety, and cheapest prices during a meeting in Hanoi. Deputy Prime Minister Tran Hong Ha underlined the need to manage the pharmaceutical industry under market rules, ensuring publicity, transparency, quality control, safety, and
Drugs that are commonly used and have large volumes must be subject to centralized national or local bidding and selection of qualified manufacturers, Deputy Prime Minister Tran Hong Ha requested. Chairing a meeting on the draft decree guiding the 2023 Bidding Law on contractor selection, Deputy Prime Minister Tran Hong Ha said that in addition
Only 42 new drugs out of 460 types circulated globally are available in Vietnam, due to long licensing procedures and time, affecting patients. On January 21, a representative of the Ministry of Health said that generic drug prices in Vietnam are low compared to countries in the ASEAN region (for most main treatment groups). While
It is critical for pharmaceutical companies to improve competitiveness with a focus on research and development (R&D), production technology and digitalisation. According to experts, this will help them expand their shares in the domestic market which remains dominated by imported drugs and extend their international reach. Vietnam’s pharmaceutical market has significant potential. The Health Ministry
The Ministry of Health is drafting a Circular amending and supplementing a number of articles of Circular 29/2018/TT-BYT dated October 29, 10 of the Minister of Health regulating clinical drug trials. According to the provisions of Circular 29, regarding the legality of clinical drug trial records: The registration application and the content of the registration
Multinational corporations are giving priority to bringing more innovative medicines to Vietnam to tap into growing local demand. Pfizer plans to bring numerous innovative medicines to Vietnam over the next four years. This is in line with its global strategy, as the company has made significant progress towards launching 19 new products over an 18-month
Innovative pharmaceuticals are emerging as a game-changer reshaping the industry, which is urging Vietnamese authorities to have supporting policies to tap into new potential. At Pfizer, new innovative vaccines are being studied to keep abreast of new viruses and bacteria that threaten human lives and livelihoods. They include a two-in-one flu and coronavirus jab, and
By 2030, Vietnam will become a center for manufacturing or processing of, and transfer of technologies for, brand-name medicines in the ASEAN region. Under Prime Minister Decision 1165/QD-TTg, approving the National Strategy for development of the domestic pharmaceutical industry through 2030, with a vision toward 2045, it is expected that the domestic pharmaceutical industry’s production
The Ministry of Health has released a draft Law Amending the 2016 Law on Pharmacy, providing many attractive incentives for boosting the development of the pharmaceutical industry. The Ministry of Health (MOH) has released a draft Law Amending the 2016 Law on Pharmacy, providing many attractive incentives for boosting the development of the pharmaceutical industry.The
Medicine prices in Vietnam are in the lower range compared to those in other countries in the region, heard the Asian Federation for Pharmaceutical Sciences (AFPS) Conference 2023 that is taking place in Hanoi from November 8-10, 2023. Vice Health Minister Nguyen Thi Lien Huong speaks at the event (Photo: VNA) Themed “Collaboration for Breakthroughs
With a large population and a growing demand for pharmaceuticals, Vietnam currently ranks among the top 17 countries with the highest pharmaceutical industry growth rates globally. According to the Pharmaceutical Industry Development Program, by 2025, domestically produced drugs are expected to account for 75% of consumption and 60% of market value. Additionally, it is projected
New approaches for pharma-healthcare development in Vietnam were the main topic of discussion at a forum in Hanoi on July 20, 2023. At the event, held by the Dau tu (Investment Review) Newspaper, participants heard that the investment trend in the medicine and pharmacy fields changed a lot in the direction of focusing on innovation,
The lack of a breakthrough in vision and infeasible legal policies, worsened by complicated administrative procedures in pharmacy sector, are among limitations that make Vietnam less attractive to foreign investors. The lack of a breakthrough in vision and infeasible legal policies, worsened by complicated administrative procedures in pharmacy sector, are among limitations that make Vietnam
The pharmaceutical sector plays an important role in healthcare, meaning development goals must be established. Deputy Prime Minister Trần Hồng Hà made the statement on Wednesday afternoon after hearing a report on the draft National Strategy for the development of Việt Nam’s pharmaceutical sector by 2030. Hà said the draft strategy not only sets out
LONDON, April 26, 2023 (Reuters) – Brussels on Wednesday published a long-awaited draft of its proposed overhaul of laws governing the European Union’s pharmaceuticals industry, setting up a tussle with drugmakers which warn they will invest and innovate elsewhere. The biggest overhaul of existing medical laws in two decades is aimed at ensuring all Europeans
The “Healthcare Innovation Forum”, a platform that brings together local and international experts to discuss and share experiences on innovative solutions in building a sustainable healthcare system worldwide and to drive the adoption of innovative approaches and technologies to transform healthcare in Vietnam. Diseases never stop developing, nor does innovation to deal with these obstacles.
Vietnam is striving to develop the pharmaceutical industry to level 4, the highest as classified by the World Health Organisation, according to the National Strategy for Pharmaceutical Industry Development by 2023, with a vision toward 2045. Vietnam is striving to develop the pharmaceutical industry to level 4, the highest as classified by the World Health
The Ho Chi Minh City Department of Health is seeking feedback on the plan to construct a 300-hectare pharmaceutical industrial park during the 2025-30 period, a step to prepare for the city’s export of medical products in the future. People work inside a medical laboratory in Ho Chi Minh City – Photo: DUYEN PHAN / Tuoi
The Circular is an important legal basis for attracting investment activities and transferring technology for drug production, especially original brand name drugs, patented drugs, specialized drugs, special treatments, and prescription drugs. generic drugs in the form of high-tech dosage forms, vaccines, reference biological products, and similar biological products according to the orientations in the “Program
Major drugmakers are using artificial intelligence to find patients for clinical trials quickly, or to reduce the number of people needed to test medicines, both accelerating drug development and potentially saving millions of dollars. Human studies are the most expensive and time-consuming part of drug development as it can take years to recruit patients and
Vietnam has set a target of becoming a high-value pharmaceutical production center in the region under its strategy for the development of the pharmaceutical sector by 2030 with a vision to 2045. Under the strategy, which was approved by Deputy Prime Minister Tran Hong Ha on October 9, Vietnam will strive to develop its pharmaceutical
Vietnam has set its sights on becoming a high-value pharmaceutical production hub within the region. Deputy Prime Minister Trần Hồng Hà recently backed a decision that has been hailed a significant milestone in Vietnam’s pharmaceutical sector. Signed on October 9, Decision No. 1165/QĐ-TTg has approved the National Strategy for developing Vietnam’s pharmaceutical industry until 2030,
The Ministry of Health is drafting a Circular promulgating a list of drugs, testing supplies, and medical equipment eligible for price negotiation and stipulating the process and procedures for selecting contractors for applicable bidding packages. form of price negotiation. According to the draft, the construction of the drug list is applied in the form of
Vietnam is focusing on improving research capacity and application of new drug production technology, promoting clinical pharmacy development and strengthening supervision of safe and reasonable drug use. Vietnam is focusing on improving research capacity and application of new drug production technology, promoting clinical pharmacy development and strengthening supervision of safe and reasonable drug use, aiming
It is critical for pharmaceutical companies to improve competitiveness with a focus on research and development (R&D), production technology and digitalisation. According to experts, this will help them expand their shares in the domestic market which remains being dominated by imported drugs and extend their international reach.Vietnam’s pharmaceutical market has significant potential. The Ministry of
Despite having a good market, the pharmaceutical manufacturing in Vietnam still faces many difficulties. This difficulty comes from industry competition, world competition and technological development. In order for the pharmaceutical manufacturing to develop, what should pharmaceutical enterprises do? Overview of Vietnam’s pharmaceutical manufacturing industry 2023.The market for the pharmaceutical industry in Vietnam is relatively active:The
On November 28, 2023, Vietnam Evaluation Report Joint Stock Company (Vietnam Report) officially announced the Top 10 prestigious Pharmaceutical Companies in 2023. Top 10 reputable Pharmaceutical Companies are built on scientific and objective principles. Companies are evaluated and ranked based on 3 main criteria: (1) Financial capacity shown on the most recent year’s financial statements;
By Mr. Ong Van Dung, General Director, Stellapharm Stellapharm (former name was STADA-VN – a Joint Venture Pharmaceutical Company formed in 2002 with a Vietnamesecompany named M.S.T and German cooperation named STADA Arzneimittel). Stellapharm has become one of the leading generic pharmaceutical manufacturers in Vietnam, we follow the global quality standard in accordance with European
As one of seven generic drug manufacturers selected by MPP and becoming a sub-licensee of Shionogi – a Japanese pharmaceutical manufacturer to produce of XOCOVA™ drug, generic version. Stellapharm is honored and proud to have contributed to repelling the COVID-19 pandemic with drugs. This is the third oral product in the world to be recognized
Sept 29 (Reuters) – Laboratory studies show that Merck & Co’s (MRK.N) experimental oral COVID-19 antiviral drug, molnupiravir, is likely to be effective against known variants of the coronavirus, including the dominant, highly transmissible Delta, the company said on Wednesday. Since molnupiravir does not target the spike protein of the virus – the target of
Since the beginning of February this year, many consignments of Stella’s pharmaceutical products with a total of nearly 200 million units have been urgently exported by air to markets in Germany, France, Austria, Belgium, Ireland, etc.
This will be the first steroid-hormone pharmaceutical factory in Vietnam and among a few ASEAN factories built in compliance with European Standards for this line of products.
Due to our strategic development of the Company, we are pleased to announce the change of Company Name: STADA – VN JOINT VENTURE CO., LTD. officially changed its name to STELLAPHARM J.V. CO., LTD. since 16 August 2019.
Address, Tax code, Telephone/Fax Number remains unchanged.
“Accrediting the fifth EU-GMP is one of our commitment on maintaining highest EU standards and quality of products with affordable prices” said by Choo Yan Ho, the Chairman.
Lesovir is manufactured by its EU-GMP facility and distributed via exclusive distributor, Khuong Duy Pharma Co., Ltd. The product is a fixed-combination preparation of Ledipasvir 90 mg and Sofosbuvir 400 mg) is an oral drug used for the treatment of patients with chronic hepatitis C virus (HCV) genotype 1, 4, 5, or 6 infection which are common types in Asia including Vietnam.
On 15 March 2016, the fourth EU-GMP Inspection was conducted at STADA – VN J.V. Co., Ltd., Binh Duong Branch, currently known as STELLAPHARM J.V. Co., Ltd. – Branch 1
On 06 January 2015, STADA – VN J.V. Co., Ltd., Binh Duong Branch (the “STELLA” or “Factory II“), was appreciated by Ministry of Health, Labour and Welfare (the “MHLW”) issued the certificate of Japan GMP for the product of Soleton 80 with its composition and strength: Zaltoprofen 80 mg
On 19 March 2013, the third EU-GMP Inspection was conducted in five continuous days at STADA – VN J.V. Co., Ltd., Binh Duong Branch (the “Company” or “Factory II“), located at Vietnam – Singapore Industrial Park, Binh Duong and the Factory II was recognized as a pharma facility complying with European Good Manufacturing Practice issued
In the meeting, besides the feedback on how to choose a safe diet pill without any active elements which may cause harmful effect to health, Consultants of STADA-VN JOINT VENTURE CO., LTD also held discussion to explain the efficiency of the productsas well as consulted various diet assistance methods which can bring the best effect.
From August 15 – 19, 2011, the delegates from WHO International have inspected STADA plant at VSIP.
STADA-VN has been acknowledged as one of the most prestigious enterprises on the domestic pharmaceutical market. Recently, STADA-VN has held a “Customer Conference” in Binh Duong province on 18 June 2011.
On 06 May 2011, STADA-VN has participated in the Conference and Exhibition on Drug held by Ho Chi Minh City Health Department together with more than 40 pharmaceutical manufacturers.
On 24/04/2011, STADA-VN as a sponsor has coordinated with Hospital 115 held the medical examination and treatment activities for the poor in Tra Vinh Province. There are over 500 people received medicines from the activities.
With the mission “Towards the community health”, STADA-VN has attended to the parade of Food Safety, Hygiene and Quality held on April 09, 2011 in Binh Duong Province.
To help customers learn more about methods for losing weight safely and effectively, STADA-Vietnam Joint Venture Co., Ltd. and Thanh Nien Online held together a successful online consulting of “Nutrition and Weight Loss” on April 07,
On March 12, 2011, STADA-VN organized the seminar, “Update on the progress for the treatment of Hypertension and Coronary Artery Disease” lectured by Assoc. Prof. Pham Nguyen Vinh – Vice Chairman of Vietnam Cardiovascular Association, Director of Tam Duc Heart Hospital.
Following the advertising campaign of April 2010 for the Orlistat STADA Diet Pill, on 08 January 2011, STADA – VN JOINT VENTURE CO., LTD cooperated with our exclusive distributor – Khuong Duy Pharmaceutical Co., Ltd to organize a meeting for our customers in Ho Chi Minh City.
In cooperation with our exclusive distributor – Khuong Duy Pharmaceutical Co., Ltd, on 28 February 2011, STADA – VN JOINT VENTURE CO., LTD held a New Year Meeting for all KD’s Chief of Representative Office and provincial agents.
In the happy and rejoiced atmosphere of the first days of the year, on 22 January 2011, STADA – VN JOINT VENTURE CO., LTD organized the 2010 year-end party with the topic “STADA – Continuous Development”. The party was hosted at Factory No. II
As a co-sponsor, on 22 January 2011, STADA – VN JOINT VENTURE CO., LTD was pleased to join the Year-end party of HCMC Pharmaceutical Association held at the Faculty of Pharmacy of HCMC.
In the second quarter of 2010, STADA-VN held a series of Cardiovascular Seminars for hospital doctors working outside Ho Chi Minh City.
STADA-VN has been acknowledged as one of the most prestigious enterprises in the domestic pharmaceutical market. Recently, STADA-VN has held several “Customer Conferences” in provinces throughout Vietnam.
QC Training workshop: A training workshop by Dr. Carmen González Espínola – Senior Manager Quality Assurance from STADA Arzneimittel AG was conducted at STADA-VN, VSIP factory from 15 to 19 March 2010.
Recently, the storm No. 11 landed in the central provinces of Vietnam caused severe devastation, materially as well as mentally, to the residents therein.
