Search Results for: pharmaceutical
- Thailand News
Thailand to build local pharmaceutical facilities to reduce import reliance
The National Committee on Drug System Development has greenlit the construction of local pharmaceutical production facilities, a notable stride towards decreasing the nation’s dependence on foreign-made medicines. This ambitious initiative comes with a budget exceeding 10 billion baht (US$280 million), as revealed by Deputy Prime Minister Somsak Thepsuthin, who presided over the recent committee meeting. Beyond the borders, another significant…
- Business News
Innobic divests Alvogen Malta shares, refocuses on Asia-Pacific pharmaceutical market
In a strategic move to refocus its pharmaceutical sector, Innobic (Asia) Co, the life sciences division of the PTT Plc national oil and gas conglomerate, has entirely divested its shares in Alvogen Malta (Out-licensing) Holding (AMOLH). The shares were acquired by Floki Holding Société à Responsibilité Limitée, a healthcare and pharmaceutical firm based in Luxembourg. The transaction is expected to…
- Business News
Pharmaceutical R&D lab investment drives JSP Pharma to target 30% revenue growth
JSP Pharmaceutical Manufacturing (Thailand) Plc, a company specialising in the distribution of medicines and nutritional supplements, is eyeing a 30% increase in revenue this year, which is partly due to the introduction of its new pharmaceutical research and development (R&D) service for the growing medical industry. In 2020, JSP earned 436 million baht, albeit incurring a loss of 17.4 million…
- World News
EU to unveil major pharmaceutical reform for cheaper drugs and faster access
The European Union is set to announce significant reforms to its pharmaceutical regulations today, aiming to reduce costs, prevent drug shortages, and expedite the introduction of new medicines. These changes represent the EU’s most extensive overhaul of pharmaceutical legislation in two decades, partly inspired by the benefits of more streamlined processes, joint action, and improved transparency observed during the Covid-19…
- Thailand News
Cannabis could generate 8 billion baht for Thai pharmaceutical industry by 2025, expert says
Cannabis could become a major cash crop in Thailand. An expert says the cannabis-based medicinal products could generate up to 8 billion baht for the Thai pharmaceutical industry by 2025. Medical cannabis has been legal in Thailand for the past couple years, but recently the government agreed to allow parts of the plant with very, low traces of the “high-inducing”…
- Crime News
Pharmaceutical imports investigated after traces of diazepam detected in narcotics cocktail
Pharmaceutical imports are being investigated after traces of the anti-anxiety pill diazepam were detected in the ketamine-based drug cocktail, known as “K powdered milk.” The narcotic cocktail is suspected of causing 7 deaths in Bangkok. The Food and Drug Administration oversees imports of diazepam, also known by the brand name Valium, and has been asked to send a list of…
- Thailand News
Thai Government pharmaceutical organisation boosts production of key medicines
Dr Mukdavan Prakobvaitayakit, the deputy managing director of The Government Pharmaceutical Organisation says “the GPO has been increasing the amount of production for chronic disease medication by 50%. ” This unexpected Covid-19 pandemic has hit the stockpile of 5 – 6 key medicines, which are being used in the treatment of Covid-19. In normal circumstances, GPO usually purchases raw materials…
- Phuket News
Kenyan arrested with allegedly fake passport, pharmaceuticals
PHUKET: A Kenyan national was arrested at Phuket International Airport on Saturday night for carrying an extensive amount of pharmaceuticals and an allegedly fake passport. Josphat Gikundi Gichunuku, 35, entered Thailand via a flight from Dubai, confirmed Phuket Tourist Police Chief Urumporn Koondejsumrit. “As Mr Gichunuku proceeded through the immigration queue, the officer checking his passport noticed several suspicious aspects…
- Thailand News
British couple busted for running Xanax scam in Thailand
A British couple who led a multimillion-pound fake Xanax ring from a lavish Thai villa are facing a lengthy jail sentence. The couple, 29 year old Brian Pitts and 26 year old Katie Harlow, allegedly orchestrated an international drug empire from their opulent hideaway in Thailand, flooding the dark web with counterfeit Xanax pills produced in makeshift labs across the…
- Cannabis
Thai cannabis advocates ‘weed’ out opposition in Bangkok
Cannabis advocates are rallying to protect the future of the plant in Thailand. Led by Prasitchai Nunual, the Secretary-General of the Network for Shaping the Future of Thai Cannabis, over 300 people are set to gather in front of the UN Office on Ratchadamnoen Avenue, aiming to march to the Government House. Their protest, scheduled for yesterday at 1pm, coincides…
- Retire in Thailand
Medical care tips for people nearing retirement in Thailand
Undertaking the complex process of navigating healthcare in one’s later years can prove a formidable task, especially if one is contemplating spending their retirement in Thailand. As one embarks on this fresh chapter, comprehension of the Thai healthcare system’s intricate details becomes vital, encompassing aspects from the officially sanctioned list of pharmaceuticals to the restrictions imposed on dental and optical…
- Cannabis
Should you invest in the Thai cannabis market
If you’re exploring investment opportunities in the cannabis market, Thailand can offer a progressive platform for your future ventures. By establishing a Thai Limited Company, you can position yourself effectively in this rapidly developing industry. Having a thorough comprehension of the diverse licensing options available in Thailand’s cannabis sector is of paramount importance. These licenses play a significant role in…
- Lifestyle
The 4 benefits of UV-blocking jars
If you’re a health enthusiast, then you’ve probably already heard (and seen) of UV-blocking glass jars. This special type of glass jar is a premium type of packaging for numerous health and wellness brands, including Sunbliss Superfood, an organic food company based in Sun Valley, California. For Sunbliss Superfood, maintaining the integrity of their product is important. And UV blocking…
- Thailand News
Illegal delivery: Six arrested in Khlong San for drug trafficking
Six individuals posing as delivery service riders were apprehended in Khlong San district yesterday on suspicion of drug trafficking. Metropolitan Police Bureau (MPB) Deputy Commissioner Thinnakorn Rangmat announced that the suspects were detained in the Wat Thong Phleng community, located in the Khlong Ton Sai subdistrict. Authorities confiscated 6.95 kilogrammes of crystal methamphetamine, 100,000 methamphetamine pills, 78.3 grammes of heroin,…
- Retire in Thailand
Overcoming from depression, stress and anxiety after retirement
Retirement ought to embody a phase of tranquillity and pleasure. However, for numerous individuals, it manifests as an era riddled with apprehension, tension, and melancholy. The abrupt alteration in daily practices, loss of significance, and social seclusion can precipitate a decline in mental health. Comprehending the influence of retirement on mental health is paramount. It transcends merely understanding the financial…
- Cannabis
Thai economy will be affected by heavy cannabis regulation
Let’s chat about a hot topic, shall we? Cannabis regulation in Thailand is like trying to find your way through a maze with no map. Now, on one hand, we’ve got this booming black market that’s ready to party when the government says no fun allowed and puts restrictions on recreational use. But on the other side of the coin,…
- Thailand News
Thailand and Italy to strengthen ties in renewable energy
Thailand and Italy will intensify cooperation in renewable energy, sports tourism, medical science, pharmaceuticals, and defence, according to Deputy Government Spokeswoman Radklao Intawong Suwankiri. Prime Minister Srettha Thavisin and his Italian counterpart Giorgia Meloni will discuss these topics to bolster bilateral ties during the premier’s official five-day visit to Italy which started yesterday. Celebrating the 156th anniversary of diplomatic relations,…
- Health
The science-backed benefits of plant-based diets explained
Consider a world where the solution to prevent and manage chronic diseases is not hidden within a pharmaceutical container, but rather, resides on your dining table. Welcome to the sphere of plant-based nutrition, an area where your dietary habits could potentially transform into your most powerful health ally. This discourse aims to highlight the numerous benefits of adopting a plant-based…
- Thailand News
PM Srettha’s diplomatic marathon: France, Italy, and Japan await
Prime Minister Srettha Thavisin is set for a whirlwind diplomatic tour, spanning France, Italy, and Japan, to bolster international ties and attract investment to Thailand. Prime Minister Srettha Thavisin’s diplomatic agenda is packed to the brim as he gears up for his second official voyage to France on May 15 to 16, followed by visits to Italy and Japan from…
- Cannabis News
Gunkul Engineering pulls the plug on cannabis investment
Gunkul Engineering, a Stock Exchange of Thailand (SET)-listed renewable energy firm, is halting its investment in the cannabis industry, awaiting clearer government regulations. The company, which ventured into cannabis and hemp through its subsidiary GK Hemp Group, has already spent nearly 500 million baht (US$14 million) on developing its cannabis project but is now pausing further expenditure. The firm’s decision…
- Cannabis
How CBD aids injury recovery
Diving into the ever-changing world of medical treatments, it’s pretty cool to see CBD cannabis popping up as a friendly option for folks looking to treat injury. If you’re curious about exploring the wide world of alternative therapies, you’re probably keen to learn how CBD could be your buddy in recovery and pain relief. CBD, short for Cannabidiol, comes from…
- Cannabis
How is cannabis is used in ayurvedic medicine
Have you ever been curious about how this often-debated plant has carved out a spot for itself in Ayurvedic medicine? Well, buckle up because you’re not alone, and we’re about to embark on an exhilarating journey exploring the fusion of time-honoured tradition with cutting-edge medicinal revelations. Ayurveda, with its deep roots in Indian culture, openly celebrates cannabis and its leaves…
- Crime News
Chon Buri officials bust illegal kratom juice operations targeting kids
Police in Banglamung district, Chon Buri province, launched a coordinated operation yesterday that resulted in the dismantling of illegal kratom juice production sites known for distributing the substance to minors. The district’s administrative head, along with health officials and local police, led the crackdown on these clandestine establishments, netting nearly 2,000 bottles of the illicit mixture. The operation targeted three…
- Business News
Healthy alliance: Thai-US partnership to inject vitality into EEC healthcare
A joint venture is underway between Thailand and the United States, aimed at boosting investments within the healthcare and medical sectors in the Eastern Economic Corridor (EEC). This initiative is designed to support healthcare services for both ageing and young populations while promoting targeted industries. Forecasts from the Thai Health Promotion Foundation indicate a rapid growth trajectory for the medical…
- Business News
Thai govt accelerates Thai-European FTA negotiations
The Thai government is speeding up negotiations for the Thai-European Free Trade Association (EFTA) to conclude within the current year. This information followed a discussion between Commerce Minister Phuntham Wechayachai and Swiss Ambassador Pedro Zwahlen. The minister revealed that the talks are being hastened following the policy of Prime Minister Srettha Thavisin’s administration, which desires to expand opportunities and bolster…
- Health
Beat common sleep disorders: Unlock solutions for restful nights
It may come as a surprise to many that achieving a restful night’s sleep proves to be a challenging endeavour for individuals globally. Indeed, difficulties related to sleep are significant concerns that affect both adults and children universally. These subtle yet impactful issues can disrupt our capacity for tranquil slumber, underscoring the importance of gaining a deeper understanding of them.…
- Thailand News
Thai-China high-speed rail set to boost ASEAN connectivity
Chinese Ambassador Han Zhiqiang projected a significant enhancement in the collaboration between Thailand and China upon the conclusion of the anticipated high-speed rail project. The statement came during a seminar addressing the economic ties between the two nations and the Thai-China visa-free agreement, held by the Thai-Chinese Journalists Association recently. The ambassador emphasised that the completion of the Thai-China high-speed…
- Thailand News
Boosting economic growth: Thailand-Hungary relationship
Hungary seeks to cultivate a stronger bilateral relationship with Thailand as part of the Central European country’s objective to achieve 4% economic growth in the current year, according to Péter Szijjártó, the country’s Minister of Foreign Affairs and Trade. Trade between Thailand and Hungary hit a new high last year, exceeding US$730 million (approximately 26 billion baht). Thailand made significant…
- Health
Exploring Telehealth in Thailand: The future of healthcare
Telehealth in Thailand is transforming the accessibility of healthcare services, offering a more efficient and convenient approach to medical consultations. Irrespective of geographic location, from the dynamic urban environment of Bangkok to tranquil rural areas, telehealth services effectively eliminate geographical barriers, guaranteeing that professional medical advice is consistently accessible. The telemedicine landscape in Thailand features a diverse range of providers,…
- Thailand News
Thailand’s industrial ethanol: A game-changer in green economy?
Thailand is on the cusp of an industrial transformation as experts push for a major shift in ethanol production. Isares Rattanadilok na Phuket, Vice President of the Federation of Thai Industries (FTI) called to liberate the country’s ethanol potential, aiming to slash reliance on imports and catapult Thailand into a green economic powerhouse. The FTI has unearthed Thailand’s abundant capacity…
