PTT delves into medicine with Thailand's first cancer drug plant

The JV with government to reduce imports and cut prices by up to 50%

YUKAKO ONO, Nikkei staff writer

 

BANGKOK -- PTT, Thailand's state-owned oil and gas giant, is entering into pharmaceuticals with plans to set up the country's first-ever cancer drug production plant.

 

The company signed an agreement with the Government Pharmaceutical Organization, a state-owned drug producer and supplier under the public health ministry, on Tuesday to jointly build the plant.

 

Thailand is trying to reduce drug imports and nurture an industry to produce high-standard drugs, in view of the fact that its population is aging at a faster rate than other developing economies in Southeast Asia.

 

Full story: https://asia.nikkei.com/Business/Companies/PTT-ventures-into-medicine-with-Thailands-first-cancer-drug-plant

 

-- NIKKEI ASIAN REVIEW 2018-01-25

Unfortunately it is not marijuana....