-+ 0.00%
-+ 0.00%
-+ 0.00%
Duopharma units secure extension for Health Ministry supply contracts
Share
Listen to the news

PETALING JAYA: Duopharma Biotech Bhd wholly-owned subsidiaries — Duopharma (M) Sdn Bhd (DMSB), Duopharma Manufacturing (Bangi) Sdn Bhd (DMfgB) and Duopharma HAPI Sdn Bhd, have received notices of extension from Pharmaniaga Logistics Sdn Bhd regarding their supply agreements with the Ministry of Health Malaysia under the Approved Products Purchase List.

The contracts, originally set to expire on Dec 31, 2026, have been extended from Jan 1, 2027 to June 30, 2027, or such other date as directed by the Government of Malaysia.

In a filing with Bursa Malaysia, Duopharma stated that under the latest extended period, the subsidiaries will supply a total of 97 products, compared to 100 previously agreed.

DMSB excluded one product, DMfgB excluded two, while DHAPI continues with its full product list. All three subsidiaries executed their acceptance of the extensions on July 31.

The product supply agreements reinforce Duopharma’s role as a key pharmaceutical supplier to the government.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending