KUALA LUMPUR, Nov 20 (NNN-Bernama) — Pharmaniaga Bhd expects to produce its own halal vaccine in four to five years.<\/p>\n\n\n\n
Deputy managing director Mohamed Iqbal Abdul Rahman said there is a potential to market the vaccine worldwide.<\/p>\n\n\n\n
\u201cWe will produce our own vaccine after undergoing various preparatory programmes,\u201d he said at the company\u2019s third-quarter of 2020 results announcement and financial performance online media briefing Friday.<\/p>\n\n\n\n
Mohamed Iqbal said the halal vaccine project is making good headway, with approval received for the Pneumococcal Conjugate Vaccine initiated with the Serum Institute of India Private Ltd, a leading Indian pharmaceutical and biotechnology company.<\/p>\n\n\n\n
Meanwhile, managing director Zulkarnain Md Eusope said the development of the world\u2019s first halal vaccine facility will be completed by 2022.<\/p>\n\n\n\n
\u201cWe expect the facility in Puchong, Selangor to be the first halal vaccine facility in Malaysia,\u201d he said.<\/p>\n\n\n\n
On another development, Zulkarnain said preparations for the fill and finish process of the COVID-19 vaccine are progressing well.<\/p>\n\n\n\n
Pharmaniaga expects the COVID-19 vaccine, which is currently undergoing clinical trials in countries such as India and China, to be available in Malaysia in the first or second quarter of 2021, he said.<\/p>\n\n\n\n
On the company\u2019s outlook, Zulkarnain said the COVID-19 vaccine will spur the revenue of the group next year.<\/p>\n\n\n\n
\u201cWe are in a good position this year and we also hope to expand our business in the private sector in 2021,\u201d he said.<\/p>\n\n\n\n
Thursday, Pharmaniaga said in a filing with Bursa Malaysia that its net profit leapt to RM1.44 million in the third quarter ended Sept 30, 2020 (3Q20) from RM481,000 in 3Q19 on better demand for protective equipment.<\/p>\n\n\n\n
However, revenue declined to RM624.8 million from RM716.85 million previously.<\/p>\n\n\n\n
— NNN-BERNAMA<\/p>\n","protected":false},"excerpt":{"rendered":"
KUALA LUMPUR, Nov 20 (NNN-Bernama) — Pharmaniaga Bhd expects to produce its own halal vaccine in four to five years. Deputy managing director Mohamed Iqbal Abdul Rahman said there is a potential to market the vaccine worldwide. \u201cWe will produce our own vaccine after undergoing various preparatory programmes,\u201d he said at the company\u2019s third-quarter of […]<\/p>\n","protected":false},"author":17,"featured_media":92888,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[288,198,318],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/102344"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=102344"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/102344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/92888"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=102344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=102344"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=102344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}