domesco

Update news domesco

Newcomers in drug market expect profits from distribution activities

According to IMS Health, Vietnamese spending on drugs increased rapidly from $27.1 in 2011 to $45.8 now. However, this figure is only about half of other regional countries. It is expected to rise to $85 by 2020.

Will Vietnam’s big pharmacy firm fall into Abbott’s hands?

VietNamNet Bridge - If shares of Domesco Medical Import/Export JSC are bought by Abbott, the latter will increase its ownership ratio in the third-largest pharmacy firm to 51.7 percent of chartered capital.

Full foreign ownership okayed for first pharma firm

 Domesco Medical Import Export Joint Stock Corporation has become the first pharmaceutical firm allowed to raise the foreign ownership cap to 100% after it got approval from the State Securities Commission of Vietnam.