Of Pharmaceutical And Medical Goods Companies in Malaysia

Pharmaceutical and medical goods companies in Malaysia are required to obtain a license from the Ministry of Health in order to operate. These companies must also comply with the Good Manufacturing Practice (GMP) guidelines set by the ministry.

The Malaysian government has been encouraging the development of the pharmaceutical and medical goods industry in the country in order to achieve its goal of becoming a regional hub for the sector. To this end, various incentives have been offered to companies operating in this sector.

The pharmaceutical and medical goods industry in Malaysia is expected to grow significantly in the coming years. This growth is attributable to the country's strong economic fundamentals, favorable demographics, and increasing healthcare expenditure.