Perbadanan Pembangunan Perdagangan Luar Malaysia

FRIDAY, OCTOBER 17, 2014, KUALA LUMPUR: Malaysian pharmaceutical companies which participated in the recently concluded CPhI 2014 trade fair in Paris, France had successfully generated sales of RM67.8 million. The Malaysian delegation led by Malaysia External Trade Development Corporation (MATRADE) comprised of nine exporters including Ain Medicare Sdn Bhd, CCM Pharmaceuticals Sdn Bhd, Kotra Pharma (M) Sdn Bhd, Medical Devices Corporation Sdn Bhd, Natural Wellness Industries Sdn Bhd, Nasmir Hard Gelatin Capsules Sdn Bhd, Pharmaniaga Manufacturing Berhad , Y.S.P. Industries (M) Sdn Bhd, Xepa-Soul Pattinson (M) Sdn Bhd.

One of the participants, Mr Cheah Ming Loong, General Manager of Kotra Pharma (M) Sdn Bhd commented that CPhI 2014 was definitely worthwhile based on the sales made and leads registered by Malaysian exhibitors. Another participant, Mr Redziwan Saari, General Manager, Business Development of Ain Medicare Sdn Bhd said, “MATRADE’s continuous support for the local pharmaceutical industry would be key for the Malaysian exporters to make further inroads into global markets”.

CPhI trade fair is the largest trade fair in the world for products related to pharmaceutical industry. The 3 days event saw Malaysian exhibitors showcasing pharmaceutical products including intravenous and irrigation solutions, ethical, over the counter (OTC), food and health supplement and peritoneal dialysis solutions.

According to Mr. S. Jai Shankar the Trade Commissioner of MATRADE Frankfurt, the CPhI trade fair is an an important platform for Malaysian companies to further strengthen their market presence in Europe as well as other parts of the world. “The participation also provided Malaysian companies with key insight on the latest trends both from a development as well as marketing perspective. This ensures Malaysian pharmaceutical exporters are able to compete with the best in terms of developing innovative products as well as identifying future market needs,” he added.

This year's edition of CPhI attracted 2,500 exhibitors from more than 140 countries and more than 35,000 trade and business professional visitors. MATRADE will be organising a similar national pavilion at CPhI 2015 to be held in Madrid from 13-15 October 2015.

The global pharmaceutical industry is a US$990 billion industry that continues to grow at a steady rate of 5% per year. Last year, Malaysia’s pharmaceutical exports grew by 2.73% to RM982.1 million. Significant increases were recorded to exports of Malaysian pharmaceutical products to markets such as Indonesia, Myanmar, China, United Kingdom and Saudi Arabia.