Business Development Asia LLC
South East Asian Health News
ISSUE 4, DECEMBER 1997
THAILAND
Bangkok General Hospital has formed an alliance with two other private facilities, Ramkhamhaeng Hospital and Kasemrat Hospital. The alliance will allow the private hospitals to reduce overheads by sharing resources and patients. It should also catalyze an improvement in efficiency of private hospital services in an overcrowded market. (December 9th 1997)
Bausch & Lomb announced that Thailand will remain a strategic market in which the company will invest despite increases in customs taxes on many of Bausch & Lomb's products from 5% to 30%. The new tariffs will make business harder for the company, but significant investments already made in Thailand cushion the impact upon the company. (October 29th 1997)
Boots Healthcare, the UK-based pharmaceutical manufacturer and distributor, will expand its export operations from Thailand to take advantage of the depreciated baht. Boots plans to invest Bht22m (US$0.5m) in the next year to install new lozenge production machinery. Thailand is the manufacturing base for Boots in Asia and exports to Malaysia, Singapore, Indonesia, Hong Kong, China, Vietnam and Taiwan. Boots commands 26% of the worldwide lozenges market. (November 12th 1997)
Kyowa Hakko Kogyo of Japan and Roche have agreed to team up for the clinical development and marketing of KW-6002, an anti-Parkinson's Disease drug, in Thailand. Kyowa will retain the marketing rights for the drug. Roche plans to license other drugs to Kyowa in the future. (December 2nd 1997)
The Private Hospitals Association stated that almost all private hospital groups are facing a crisis as patients move from using private to public hospitals during the economic downturn. Of the listed hospitals, all but two, Nonthavej Hospital in Bangkok and Lanna Hospital in Chiang Mai, are expected to report losses. (November 21st 1997)
Company Rank 1996 Revenues 1996 US $m % inc. over 1995 Glaxo W. 1 23 20 Hoechst M. R. 2 22 31 Roche 3 20 23 Siam Pharma 4 16 43 Merck 5 15 29 Smith Kline 6 14 21 Thai Nakorn 7 12 8 BMS 8 12 31 Janssen 9 11 31 Astra 10 11 22 Total mkt 58 21
Source: Siam Pharmaceutical, IMS Data Thailand
Recent News: Indonesia, Malaysia, Singapore, Philippines, Vietnam, Regional Focus: Leading South East Asian Pharmaceutical Companies
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