CCM Siam Ltd (CCMS) and Upha Pharmaceuticals Manufacturing (M) Sdn. Bhd. (UPHA), both subsidiaries of Chemical Company of Malaysia Berhad (CCM) have formed a strategic alliance with The British Dispensary Co. Ltd (BD), a pharmaceutical company based in Thailand to explore opportunities to grow CCM’s pharmaceuticals business in Thailand.
Under the MOU, CCMS will utilize BD’s established marketing and distribution network in Thailand to offer CCM’s innovative and quality products to the Thai pharmaceutical industry, whilst UPHA will provide its technical services and manufacturing expertise to toll manufacture BD’s pharmaceutical products for the Thai market.
CCM Berhad Group Managing Director, Dato’ Dr Mohd Hashim Tajudin said the agreement would enable CCM’s Pharmaceuticals Division to expand into the lucrative Thai pharmaceutical market by leveraging on BD’s capabilities and position in the market. Soon, the Thai consumers will have access to CCM’s pharmaceutical products. The MOU with BD will accelerate our knowledge and insights of the Thai pharmaceutical market and its evolving trends. “We are also excited with the contract manufacturing opportunity with BD, as it strongly underscores CCM’s pharmaceutical technical and manufacturing capabilities, and helps to fill up available plant capacities.
Dato’ Dr Mohd Hashim hailed the signing of the MOU as a step forward towards advancing CCM’s technical know-how to meet the growing overseas market potential, commencing with Thailand.
UPHA, CCM’s wholly owned subsidiary, is located in Bangi, Selangor and manufactures a wide range of pharmaceutical products for CCM’s Pharmaceuticals Division. Its plants are not only accredited to the Malaysian MOH cGMP standards, but is also Australian TGA approved. Most of the products manufactured are also Halal certified. CCMS is CCM’s subsidiary based in Thailand and represents CCM’s 3 core businesses in Thailand. The company trades in pharmaceuticals, chemicals and fertilizer products. The company is located in Bangkok, Thailand and operates a branch office in Hadyai, South Thailand.
CCM is listed on the main board of Bursa Malaysia and is a key player in the fertilizers, chemicals and pharmaceuticals industry.
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Issued with the compliments of Chemical Company of Malaysia Berhad Through Eric Pringle Associates Public Relations Sdn Bhd. For further information, please contact Ida Fazila Ismail at 03-2161 7144/49/54 or e-mail at ifazila@epapr.com.my
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