More than a dozen Japanese pharmaceutical and healthcare companies are exploring business opportunities in Thailand as a way of increasing their Asian presence, a seminar heard yesterday.
Pharmaceutical and healthcare companies need to expand outside Japan as the number of elderly in Asia rises while newborn rates drop, said Yasuhiko Shioi, a vice-president of the Toyama Pharmaceutical Association (TPA) and the chief executive of Kokando Co.
Several healthcare firms count on Thailand as a production hub for exporting their products to neighbouring countries due to its geographical advantage. (Bangkok Post)
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