Malaysian drug maker plans plant in Vietnam

Generic drug manufacturer YSP Southeast Asia Holdings Bhd (YSP) will allocate up to 12 million USD to build a pharmaceutical and veterinary products manufacturing plant in Vietnam by year-end as part of its strategy to spur overseas sales.

The pharmaceutical firm is expected to build its plant at the end of this year and complete in 2010. The company manufactures tablets, creams, capsules and medicated talcum at its plant in Selangor.

The company’s current distribution network spans Singapore , Vietnam , Myanmar , the Philippines , Thailand , Cambodia and Indonesia .

VNA

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