Medicine production meets about 10 pc of local demand

Myanmar imports medicine and medical equipment worth US$ 400 million every year as the country’s medicine production meets about 10 percent of local demand, according to the Myanma Pharmaceutical Industrial Enterprise. Myint Yi from Myatmyittamon Drug Store said: “Almost all medicines are imported from other countries. Some famous medicines imported via illegal routes are cheap. […]

Indian Sun Pharma plans to open branch office in Myanmar

India-based Sun Pharmaceutical Industries Ltd (Sun Pharma), a global pharmaceutical company headquartered in Mumbai, is planning to open branch office and to expand its business in Myanmar, according to the reports. The Directorate of Investment and Companies Administration-DICA has already granted permission of Sun Pharma company registration (Interim) on July 30th to expend its pharmaceutical […]