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Pharmex Of Japan To Set Up Drug Factory In Brunei

This article was originally published in PharmAsia News

Executive Summary

Tokyo-based generic drug exporter and distributor Pharmex Japan will build a drug manufacturing and packaging plant in Brunei. Pharmex also aims to sell its products to other Muslim countries after receiving Halal Products Certifications and achieve annual sales of ¥200 billion. The plant is to be completed in 2010 with an investment of ¥10 billion. The generic drug market in Islam Halal-certified countries is estimated to be around ¥1,800 billion. However, to receive certification, most drug capsules that use pig gelatin have to be reformulated, and doing so requires drug makers to apply for new approvals with regulatory authorities like Japan's Ministry of Health, Labor and Welfare. Pharmex plans to use the new plant to manufacture capsule drugs and drops and liquid drugs with syringes, and to ship drugs there for packaging. (Click here for more - Japanese language



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