The pharmaceutical market in Malaysia is one of the fastest growing in Asia Pacific Region; fueled by medical tourism, market for generic products and specialist-therapy driven market. As Malaysia being one of 12 countries in the world endowed with rich diversity, Penang offers scientists and investors a wealth of untapped possibilities in nutraceutical.
Universiti Sains Malaysia plays a vital role in the state’s effort to promote and grow pharmaceutical and nutraceutical sectors. With the oldest School of Pharmaceutical in the country, supported by the Institute of Pharmaceutical and Nutraceutical (IPHARM), Penang is poised to realize the potential and opportunities this sector has to offer with the impending expiration of patent protection for many biologics.
Manufactures generic pharmaceuticals and drugs such as antibiotics, antiasthmatics, antifungals, antihistamines and anti-inflammatories.
Manufactures and distributes medicinal products.
A one-stop specialist pharmacokinetics CRO, provides study management services for Phase I to IV clinical trials and BA/BE studies.
Develops diagnostic kits, monoclonal antibodies, DNA and protein extraction kits, PCR kits and enzymes.
(Please note that this list is not comprehensive and does not include all the companies in Penang)