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  Milestone

1994

  • May 1994

      United Engineers (M) Bhd (UEM) was awarded the concession to privatise the Government Medical Store (GMS) through the Ministry of Health (MOH).

  • August 1994

      The concession was novated to its subsidiary, Remedi Pharmaceuticals (M) Sdn Bhd (Remedi) - then known as Southern Task (M) Sdn Bhd, which started operations on 1 December 1994 with a paid up capital of RM 20 million. Under the concession agreement, Remedi has the exclusive rights to manufacture, purchase, store and distribute pharmaceutical and medical products to medical institutions and hospitals under the jurisdiction of MOH.

1998

  • August 1998

      On 21 August 1998, Remedi Pharmaceuticals (M) Sdn Bhd (Remedi) was incorporated as an investment holding company for all its business units under the new brand name, Pharmaniaga Berhad.

1999

  • May 1999

      Remedi (now known as Pharmaniaga Logistics Sdn Bhd) became a subsidiary company of Pharmaniaga Berhad.

      Pharmaniaga acquired interest in two pharmaceutical entities, Raza Group and Strand Group

  • November 1999

      Pharmaniaga Berhad made its debut on the Second Board of the Kuala Lumpur Stock Exchange, (now known as Bursa Malaysia Securities Berhad - "Bursa Malaysia").

2001

  • The Medical Equipment Unit or MEU (now known as Pharmaniaga Biomedical Sdn Bhd), which was then operating under Remedi was awarded by the Ministry of Health (MOH) contract to provide equipping and consultancy services to six new government hospitals in Sabah and Sarawak particularly in Lahad Datu, Keningau, Pitas, Kuala Penyu and Kunak in Sabah, as well as Sarikei in Sarawak.

2002

  • October 2002

      All companies within the Pharmaniaga Group except Strand Pharmaceuticals (M) Sdn. Bhd. were renamed to carry the singular Pharmaniaga identity.

2003

  • March 2003

      Migration of Pharmaniaga from the Second Board to the Main Board of the Bursa with increased paid up capital of RM100 million from RM50 million previously.

  • September 2003

      The Group acquired a whole interest of Safire Pharmaceuticals to further maximise its manufacturing capabilities (interest in Safire was disposed in 2008).

  • November 2003

      The Group under its subsidiary Pharmaniaga Logistics Sdn Bhd implemented the Clinic Procurement System (CPS) to change the old Hospital Inventory System (HIS), an online application system used by the Government clinics and hospitals to order drugs and non-drug items as in the concession list.

2004

  • December 2004

      On 1 December 2004, the Group completed the acquisition of 55 per per cent equity in PT Millennium Pharmacon International Tbk (MPI), Indonesia. MPI is a key player in pharmaceuticals industry for both local and foreign principals in Indonesia.

2007

  • Pharmaniaga expands its international marketing capacity in the region with the opening of a marketing office in Ho Chi Minh City, Vietnam.

 
 
     
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