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View all search resultsState-Owned Enterprises Ministry undersecretary for industrial, agricultural and pharmaceutical affairs Wahyu Kuncoro said Kimia Farma’s move to acquire Phapros was in line with the ministry’s plan to establish a pharmaceutical holding company this year.
Fierce competition among pharmaceutical companies, heavy dependency on imported raw materials and the increasing Healthcare and Social Security Agency (BPJS Kesehatan) deficit are among challenges in the country’s pharmaceutical industry.