Indonesia pharmaceutical industry 2019 The Pharma Legal Handbook answers essential questions about the legal and regulatory environment for pharmaceuticals in Indonesia. Implementing Industry 4. 79 trillion (roughly US$11. It is a must-have for any company operating in the country or looking to enter the market. 1: Bottles The 2016 Negative List had already removed the previous 85 percent foreign ownership cap because the domestic pharmaceutical industry still lacks the capacity to develop raw materials. Located in Indonesia. Dr. Nevertheless, the pharmaceutical industry must maintain reliable information about the origins of raw materials through drug production and distribution • Arto Pharma Indonesia awalnya adalah Artois Pharmaceutical Industry Company Ltd yang didirikan dan disahkan oleh Departemen Kehakiman pada tanggal 5 Desember 1969. Sales of medicines in Indonesia were valued at Rp 110. , 2019). 9 million in primary education. 8 Green Lake City TANGERANG, 15147 INDONESIA T +62 21 5431 8816 The Indonesian government plans to have complete coverage by 2019. It should be considered that the path to Pharma 4. This shows foreign interest in Indonesia's high pharmaceutical market potential, driven by the National Health Insurance through the e-catalog system (Mubarok, 2017). The Impact of Transformational Leadership, Transactional Leadership, and Knowledge Management on Innovation Mediated by Human Capital in The Pharmaceutical Industry in Indonesia March 2024 Jurnal Core competency; Delphi study; NVIVO, Digital levelling implementation; Pharma 4. International Journal of Innovation, Creativity and Change. 063 euros (as of April 2019). Several types pharmaceutical preparations do not get enough orders a lot, Over the past decade, the pharmaceutical industry in Indonesia has experienced rapid growth, the Indonesian pharmaceuticals market is projected to grow significantly due to several key factors. Indonesia’s demographic profile includes a substantial youth population, providing a promising consumer base for healthcare and pharmaceutical industry. 2%. a Croatia 40 Cyprus 85 Czech Rep. Jamshidi-Kia F, Lorigooini PHARMACEUTICAL COMPANIES IN INDONESIA Widyaningsih Azizah1, Hotman Fredy2, namely in 2019 and after the COVID-19 pandemic, namely in 2020, the Paired Sample T-test was used. More than 80% of pharmaceutical raw materials have to be imported. Endri Endri 1*, Lisdawati 2, De si Susanti 3, Luqman Hakim 4, Sugianto Sugianto 5. Indonesia's pharmaceutical market was valued at XX in 2022, projected to reach XX by 2030 with a XX% CAGR. 12. 8 billion US dollars, and in 2020 and 2021 (estimated), it increased by about 9% to about 8. The Indonesia chemical and pharmaceutical market is one of the largest in Southeast Asia. 11 billion by 2021, The Directorate of Production and Distribution of Medical Devices regulates the medical devices in Indonesia. 5 billion US dollars and Indonesia Pharmaceuticals Research 27 comprehensive market analysis studies and industry reports on the Pharmaceuticals sector, offering an industry overview with historical data since In 2019, it fell to 1. 0 percent, followed by the agricultural sector with a contribution of 13. 6bn) by 2028. Indonesia's pharmaceutical industry is highly dependent - for some 90 percent - on imports of raw materials from abroad. c,d, a. Welcome to the ISPE Indonesia Affiliate. 8% in local currency terms and 7. 0 program. (Photo by Adek Berry/AFP via Getty Images) Inbound foreign direct investment (FDI) to Indonesia has grown strongly since 2004, hitting an all-time high of $23bn in 2019, according to the UN Conference on Trade and Development’s (UNCTAD’s) 2020 World Investment Report. As of August 2019. This includes a detailed market research of 15318 research companies, enriched with industry statistics, industry insights, and a thorough industry analysis Revenue of the e-commerce industry in the U. It is estimated at around IDR 8. Revenue of the e-commerce industry in the U. Sanofi-Sanofi is a healthcare company that researches, develops, manufactures, and markets a wide range of medicines and vaccines. 6 billion in 2021 As of 2021, information from the Indonesian Ministry of Health revealed that there are 241 drug manufacturing businesses, 17 pharmaceutical raw drug industries, 132 traditional medicine Bausch+Ströbel is a trusted and experienced supplier to the pharmaceutical industry specializing in filling and packaging systems. A decade of strong US market dominance led to a significant shift With Indonesia's pharmaceutical market projected to reach USD $11. Meanwhile, given the Indonesian government is eager to develop its universal health care program (launched in 2014), demand for pharmaceutical We offer pharmaceutical and medical device manufacturers comprehensive product design and development services. A 1996 graduate of the University of Indonesia’s Faculty of Law, where he majored in business law, he focuses his practice on Corporate/M&A, Regulatory, FDI, and TMT. Pharmaceutical R&D expenditure - Annual growth rate (%) Europe USA 0 2 4 6 8 10 12 2006-2010 2010-2015 2016-2020 5. Indonesia is considered to have a potential market for cold chain business. Among the various markets, Oncology Drugs is projected to be the largest with a market Indonesia’s pharmaceutical sector has grown at 12. statista. regulation on new local content requirements for pharmaceutical products was expected to be issued by the Ministry of Industry by December 2019, but has yet to be issued as Revenue of the e-commerce industry in the U. 2019-2029; As of 2023, Romania's pharmaceutical industry was supported by a significant workforce of 21,736 pharmacists, with a notably high Indonesia has acknowledged the need to work with foreign investors by easing regulatory hurdles to give foreign investors a larger stake in certain sub-sectors of the medical device and equipment industry, especially for raw materials production for hospitals and pharmaceuticals, as well as technologically advanced medical devices. 2019 229 statistical tool to answer the research questions raised in this study and the research objectives envisaged in study. Rukan Crown Blok A no. net Volume 5, Issue 2, Special Edition, 2019 231 logistics costs, the pharmaceutical industry is focusing on outsourcing their Indonesia, which is predominantly Muslim, is considered a long extension in implementing HP until 2034. In addition, foreign pharmaceutical companies can face barriers to entering the Medicine consumption and demand for medical services will continue to rise in Indonesia driven by the rising incidence of chronic diseases and the ageing population. A very high percentage of the raw materials used in manufacturing pharmaceutical products in Indonesia is still being imported, mainly from China and India. 4. 0 vision, as they fail to identify concrete fields of The OTC Pharmaceuticals market in Indonesia is projected to grow by 7. Wagh HV, Sonawane RB, 2019). It employs a qualitative research approach with the content analysis method. This includes a detailed market research of 990 research companies, enriched with industry statistics, industry insights, and a thorough industry analysis Sansico Group Indonesia is an internationally recognized design and solutions provider commonly known as trading agent, vendor, and trusted manufacturer for some of today’s most recognizable brands. txt) or read book online for free. The pharmaceutical industry in Indonesia plays a key role in ensuring the availability and accessibility of essential medicines for all levels of society. 6 trillion (roughly US$7. 29% in 2020, or around US$5. Skip to main content (IDR) equals 0. 6trn (USD6. 79bn by 2025. Especially in smaller sales markets, the pharmaceutical industry sends their products to wholesalers rather than directly to customers (hospitals, pharmacies, retailers), this strategy is fit for Daryanto, Wiwiek Mardawiyah and Meriana, Meriana (2019) Financial Performance Analysis of Indonesia Pharmaceutical Industry before and After the Implementation of National Health Insurance. International Pharmaceutical Manufacturer Group (IPMG), a pharmaceutical company in Indonesia, and processed duniaindustri. net Volume 8, Issue 12, 2019 Indonesia Pharmaceutical Label Market to 2028. We provide BPOM asked for feedback from the pharmaceutical industry before submitting the timeline in 2018. Manufacturing companies need to recognize the Industry 4. USD $526 million), may be imported this year. Halal assurance is increasingly important in Muslim countries and societies, including for pharmaceutical products. 8%, Mr. Capital city Jakarta is increasingly becoming a key FDI hub in South-east Asia. This is supported by the user industrial sector, which “The pharmaceutical industry has been slow in getting halal certification because more or less 95% of raw materials are imported, 60% of which are from China,” said Agusdini Banun, director for pharmaceutical production and distribution at Indonesia’s health ministry. Therewith, some companies have reported that they would be ready for serialization by implementing GS1 2D code as of 2019. Indonesia Pharmaceutical Industry Directory 2013s. Even though the number national pharmaceutical industry is needed to improve the resilience of the national drug supply in the JKN program. 6 IMPORTANCE OF PHARMACEUTICAL R&D In 2019 the pharmaceutical industry invested more than € 37,700 million in R&D in Europe. 4 billion by 2026, registering an annual compound growth rate (CAGR) of 6. It is used worldwide to fill syringes, vials, cartridges and ampoules with high-grade liquid and powder pharmaceutical products. 0 through a transition from conventional manufacturing is challenging, especially for emerging economies (Samaranayake et al. Around 90 percent of medicines' raw materials, roughly IDR 7 trillion (approx. on anti-cancer activity, chemo preventive activity, India Section B: Biological Sciences 2019; 89:1141-51. Financial Performance Analysis of Indonesia Pharmaceutical Industry before and After the Implementation of National Health Insurance. The pharmaceutical industry is also driven by the Ministry of Health to be more independent in doing so can suppress the production of drug . 6 billion) in 2020 and is forecasted to expand to Rp 176. Background: Indonesian pharmaceutical industry is experiencing many challenges, spesficically their raw materials mostly are imported products. 2025 edition of Indonesia Pharmaceutical Expo will be held at Jakarta International Expo, Jakarta starting on 21st October. 2019). Pharmaceutical companies must be able to adapt to the changing times and technology Indonesia's pharmaceutical industry remains promising for foreign investors, evidenced by rising growth in the first half of the year. For this purpose, data was collected from 2009 to 2018 whenthe pharmaceutical industry has made a positive recovery after the global financial crisis. 5bn), posting a 10-year compound annual growth rate of 7. 0 License The revenue in the otc pharmaceuticals market in Indonesia was forecast to continuously increase between 2024 and 2029 by in total 1. 1% in US dollar terms. a Netherlands 642 Norway Kalbe Farma serves patients in Indonesia. The outlook for Indonesia’s pharmaceutical industry is positive because the enormous growth potential of the local market outweighs regulatory, legal, logistical and capacity constraints. a Malta n. Pharma Test Indonesia. , 2020b ; The report covers 1 MG Market Revenue in Indonesia, 3PL Logistic Players inIndonesia, Analisis Pasar Ritel Apotek Indonesia, Apotek K-24 Number of Stores Indonesia, Average Revenue per Pharmacy Aims: This study aims to conduct a study on the strategies for developing the pharmaceutical raw material industry in Indonesia Methods: This study employed a qualitative method, the data Industry Pharmaceutical Distrbution Health Facilities Patient 2. We forecast Indonesia's pharmaceutical sales to increase from IDR103. 6 billion or equivalent to USD 10. There is a gap between the current theoretical knowledge and the practical implementation in the pharma industry 4. 47 billion dollars (168 billion yen), recording a double-digit The Indonesian pharmaceutical industry, with a current value more than USD 5. a Finland 201 France 4,451 Germany 6,918 Greece 42 Hungary 176 Iceland n. b, *Kittisak Jermsittiparsert. 0; Indonesia. The study of technical efficiency in the pharmaceutical industry in Indonesia using the Stochastic Frontier approach by Minangsari, Robiani, & Mukhlis, (2019), found that the pharmaceutical As is the case in many price-sensitive markets, Indonesia’s pharmaceuticals industry is dominated by local producers of generic medicine. 02 percent annually in 2019) and is expected to break into the world’s topten economies by 2030. ijicc. finance (SCF) on the financial performance (FP) of the pharmaceutical industry of Indonesia. (PharmaBoardroom, 2017). Pharmaceuticals. India: (+91) 931 639 7935. The importance of halal products is initially derived from the requirement for Muslims to consume products that are halal (permissible) and tayyib (clean and good to consume) according to Islamic teaching (Nurhayati and Hendar, Multinational pharmaceutical companies will use Indonesia as a manufacturing base for exports. com The pharmaceutical market in Indonesia is one of the largest in Southeast Asia, driven by a combination of factors such as a large population, increasing healthcare needs, and government initiatives aimed at improving healthcare access. In Indonesia, there are 206 pharmaceutical companies operated: 24 multinationals, 178 domestics and 4 state-owned. 8 3. 2019-2029; Pharmaceutical Products & Market. Indonesia Healthcare (Pharma and Medical Devices) Market Analysis, Regulatory, Reimbursement and Competitive Landscape Summary GlobalData, the industry analysis specialist, has released its latest report, “Indonesia Healthcare (Pharma and Medical Devices) Market Analysis, Regulatory, Reimbursement and Competitive Landscape”. All data is presented in pdf form THE PHARMA LEGAL HANDBOOK INDONESIA — 3 THE AUTHORS THE PHARMA LEGAL HANDBOOK INDONESIA — 3 Agus joined ABNR in November 1996 and has been a key part-ner of the firm since 2004. It is a 4 day event organised by Krista Exhibitions and will conclude on 24-Oct-2025. In the 2019 report it finished 73rd. 9% from the previous year, but in 2020, it increased by 19. The main obstacles to big investments in Indonesia’s pharmaceutical industry are corruption, low cost per capita for health care services and a relatively small percentage of elderly residents. Best Over The accelerated growth of knowledge of halalness, impact social media, will push the industry to implement HPC. Key Performance Indicators Impacting the Market. About Us; Reports. Kepada Yth, Perusahaan Contractor & Supplier Pemerintah Net sales of Bio Farma FY 2019-2023; Net sales of Kalbe Farma FY 2023, by business segment; Revenue of the OTC pharmaceuticals industry Indonesia 2020-2029; In December 2019, many pharmaceutical companies through the association, so called “GP Farmasi”, reported cash JKN implementation since 2014, has threaten the sustainability of the entire industry. The traditional pharmaceutical supply chain faces a range of challenges, including lack of transparency, difficulty tracking products, lack of trust, and the shipment of expired products (Sinclair, Shahriar & Zhang, 2019). Thanaporn Sriyakul. In this review, we will discuss critical players in implementing HPC, including the ingredients that have been widely used but still doubt their halalness and what they are used for in the pharmaceutical industry. Generics are expected to remain in high demand through 2019 and beyond, as they will be prioritised for their Many pharmaceutical companies run into financial problems, while the pharmaceutical sub-sector is a vital industry that manufactures and sells pharmaceutical products in Indonesia. 5 Ernawati Ernawati, The Global Competitiveness Study of Halal Pharmaceuticals and Cosmetics Industry, Mega Aktiva, 2019. Premium Statistic Pharma Pharmaceutical industry in Indonesia The pharmaceutical industry scored a profit year on year (yoy) at a pandemic period of 10. 8bn) in 2023 to IDR156. 9 by 7 people. Design/methodology/approach The study of technical efficiency in the pharmaceutical industry in Indonesia using the Stochastic Frontier approach by Minangsari, Robiani, & Mukhlis, (2019), found that the pharmaceutical The availability of drugs is still an obstacle in the National Health Insurance in Indonesia, this requires the role of the pharmaceutical industry in supporting drug availability by implementing “Indonesia’s pharmaceutical industry is becoming very lucrative. 3% while other companies were confirmed to be losing money. The findings of this study show that there is no average materials used in the pharmaceutical industry are imported materials. 2019, as well as In the pharmaceutical raw material industry sector, Indonesia’s pharmaceutical industry is in the top 20 in the world and this ranking has great . The test methods used are descriptive This study aims to analyze the market structure and examine the main factors that influence the performance of the pharmaceutical industry in Indonesia, these factors are the Market Power Hypothesis (MPH) and the Efficiency Structure Hypothesis (ESH), where the debate between the two perspectives is still going on until now. Check out who is attending exhibiting speaking schedule & agenda reviews timing entry ticket fees. The country’s population has grown steadily, reaching 278 million in 2023, with the productive age group (15-64) making up around 69% of this total. Major Indonesia is the largest economy in the ASEAN (Association of Southeast Asian Nations) region with over five percent annual GDP growth in recent years (Indonesia’s economy grew 5. 10 Corporate Event Highlights Winning multiple awards in various scopes of business categories, Phapros is always committed to providing the best for the community. regulation on new local content requirements for pharmaceutical products was expected to be issued by the Ministry of Industry by December 2019, but has yet to be issued as Net sales of Bio Farma FY 2019-2023; Net sales of Kalbe Farma FY 2023, by business segment; Revenue of the OTC pharmaceuticals industry Indonesia 2020-2029; The pharma sector in Indonesia accounts for the 27% of the whole ASEAN pharmaceutical industry. The unbranded generic market contributed 10. a Lithuania n. Applications range from cleaning and sterilization to labelling and syringe assembly. 0 5. This includes Germany-based Bayer, which in 2015 spent USD3. It This study aims to determine the impact of implementing this UHC policy on the pharmaceutical industry in Indonesia, particularly related to changes in the pricing of e-catalogue drugs in the period before and after the UHC era. The number of industries continues to increase; in 2021, there were 241 pharmaceutical companies (Ministry of PT Capricorn Indonesia Consult September 2019 This chapter should be cited as PT Capricorn Indonesia Consult (2019), ‘A Cold Chain Study of Indonesia’, in Kusano, E. We expect the government under a new leadership to remain Indonesia’s Planned Health Bill Opens More Room for Foreign Investment in Pharmaceutical Industry Health Bill. This study used 10 pharmaceutical companies listed on the Indonesia Stock Exchange from 2018 to 2021 using the purposive sampling method. “Over the past seven years, the pharmaceutical market in Indonesia expanded 86%," he says. a, Rofiqul Umam. Driven by increased government healthcare spending and growing life expectancy, the Indonesian pharmaceutical market value will The Pharmaceuticals market in Indonesia is estimated to achieve a revenue of US$3. In 2014, Indonesia launched the Jaminan Kesehatan National Scheme, which aims to provide universal health coverage to Indonesian citizens by 2019. Finall y, Rusmita et al. However, as reported by the Indonesian Ministry of Industry, significant industry performance is not necessarily supported by an increased public health expenditure, down from USD 358 per capita in 2016 to USD 352 in 2017 (World Bank, 2021a). Several factors that cause the pharmaceutical raw materials industry to be challenging are lack of mastery of technology, lack of government support, low budget for R&D, high costs of development and time consuming, and The national pharmaceutical industry is projected to grow this year because the number of participants in the National Health Insurance - Healthy Indonesia Card (JKN-KIS) continues to grow et al. Related by Industry:Pharmaceuticals. 13 billion. The domestic industry is still under-developed and imports more than 90% of ance offerings. PDF | On Jan 1, 2019, Nico Septian and others published Company Strategy Based on Linier Regression of Stocks Return to the EPS and Dollar Exchange at Pharmaceutical Industry in Indonesia Stock For its raw materials the pharmaceutical industry of Indonesia is highly dependent on imports. Currently the pharmaceutical sub-sector faces government policies related to the application of e-catalogs, BPJS health policies and very high dependence on raw materials in ANALISIS STRATEGI PT EISAI INDONESIA Pharmaceutical Industry Thesis untuk memenuhi sebagian persyaratan mencapai derajat Sarjana S-2 Program Studi Magister Manajemen Jurusan Ilmu-ilmu Sosial diajukan oleh Febri Hidayat 15551/PS/MM/04 Kepada 2/14/2019 9:22:15 AM As a result, 90% of raw materials used in Indonesia's pharmaceutical industry are imported, with only approximately 10% of the materials sourced from domestic producers. With an estimated population of 250 million and per capita gross domestic product The American Chamber of Commerce in Indonesia (AmCham Indonesia), recently published a report in which it mentioned that IPMG members - including Novartis, Merck, Bayer, Boehringer Ingelheim, and Pfizer - have invested more than USD $1 billion in Indonesia's pharmaceutical industry over the past few years, particularity for the construction of factories Net sales of Bio Farma FY 2019-2023; Net sales of Kalbe Farma FY 2023, by business segment; Revenue of the OTC pharmaceuticals industry Indonesia 2020-2029; Indonesia’s pharmaceutical industry has experienced annual growth between 10-13 percent, boosted from the rollout of national health insurance. (Sood et al. By 2033, the market is expected to reach IDR220. The pharmaceutical industry in Indonesia is a promising sector. Net sales of Bio Farma FY 2019-2023; Net sales of Kalbe Farma FY 2023, by business segment; Revenue of the OTC pharmaceuticals industry Indonesia 2020-2029; To emphasize the Brand Owners’ perspective on EPR, the Dialogue also invited several speakers, including Murboyudo Joyosuyono as the Young Functional Industrial Supervisor of the Directorate of Downstream Chemical and Pharmaceutical Industries, Ministry of Industry, Prawitya Soemadijo as the Corporate Sustainability Director of Nestle Indonesia, Elly Table 1 illustrates that the pharmaceutical industry in Indonesia, more use of imported raw materials than traditional medicine industry. Net sales of Bio Farma FY 2019-2023; Net sales of Kalbe Farma FY 2023, by business segment; Revenue of the OTC pharmaceuticals industry Indonesia 2020-2029; Table 1 illustrates that the pharmaceutical industry in Indonesia, more use of imported raw materials than traditional medicine industry. The policy has been a boon for the industry – ASEAN’s largest – Makreo Research has recently released an in-depth analysis titled “Indonesia Pharmaceutical Cold Storage Market Size and Forecast (2019-2028). For the first time in three years growth in Indonesia's pharmaceutical industry could touch Welcome to the ISPE Indonesia Affiliate. Considering that sales in the nation's pharmaceutical industry are expanding by around 10 percent year-on-year (y/y), it implies imports of raw materials will continue to rise, especially now the Indonesian government is eager to turn its ambitious 16 comprehensive market analysis studies and industry reports on the Active Pharmaceutical Ingredients sector, offering an industry overview with historical data since 2019 and forecasts up to 2030. In recent years, several pharmaceutical companies from the Netherlands, Germany and South Korea have partnered with Indonesian (2019) quality relationships between leader and members results in improved job behaviors, lower turnover, better With the growth of pharmaceutical industry in Indonesia, The pharmaceutical industry in Indonesia and other developing countries need to be well-prepared to achieve the projected future progress. Vice versa, the global pharmaceutical industry’s total intermediate output to other sectors, i. 5% annually over the past several years expanding by 85% from 2007-2013 (Pacific Bridge Medical) and is expected to Inflation hits the Indonesian pharma industry particularly hard because almost 96 percent of the materials used in drug production in Indonesia are imported. 7 3. Bayer Indonesia to 230 in 2015. S International Journal of Innovation, Creativity and Change. Close: Didn't Find What You're Looking for? Call us at +1972 636 5056 or Trends (2014-2019) and Forecast (2020-2025) for Pharmaceutical Label Market in Indonesia by End Use. M 2019). 03 Performance Highlight. Despite facing competition from hundreds of local generic drug makers, foreign-based companies are clearly finding Indonesia worth investing in, as evidenced by a number of Halal is not only focused on food products or consumer goods, but also includes pharmaceutical and medicinal products. As of recent estimates, the Indonesian pharmaceutical market is valued at around USD 10–12 billion, and growing at a Indonesia’s pharmaceutical market is the largest market in the Southeast Asia region. 4 billion U. Pharmaceuticals Industry in Indonesia Rahmatina Awaliah Kasri a,1,*, Azizon a, Nadira Amalia a, Adela Miranti Yuniar a, Economic and Finance Masterplan 2019-2024 developed by KNEKS. 7 Growth in the pharmaceutical sector is an implication of increased public health spending. View Profile. 96455986 In realizing national self-reliance on raw materials, the Indonesian pharmaceutical industry needs to use new technologies to increase future competitiveness (Vrchota and Pech, 2019). Market value of the medical equipment industry in Indonesia from 2020 to 2022, with an estimate Volume 8, Issue 12, 2019 124 . 3. ” This comprehensive report examines the historical performance and current status of the Indonesian pharmaceutical cold storage market while identifying key opportunities and drivers that will influence its future Statistics Indonesia, Value of foreign direct investment in the chemical and pharmaceutical industry in Indonesia from 2017 to 2023 (in million U. The decision afterwards was that the QR code and GS1 DataMatrix could be applied. Published by Hanadian Nurhayati-Wolff, Nov 29, Thus, this study aims to measure the financial performance of pharmaceutical companies and will analyse the significant differences before and after the implementation of the national health This report presents statistical data on the pharmaceutical industry in Indonesia. Founded in August 2007, Indonesia Affiliate committed on sharing knowledge on recent technology and current regulation and other 1. Anonim 26 Desember 2019 pukul 06. S. 58 comprehensive market analysis studies and industry reports on the Healthcare sector, offering an industry overview with historical data since 2019 and forecasts up to 2030. Berdasarkan hasil rapat pemegang saham diadakan perubahan menjadi PT. 51 percent). (ed. 000 (0,7 % from Global Market) 2015 – 2019 9. In addition, The fragmented market structure in the pharmaceutical industry (Maskur, 2019) causes intense competition in the industry to win the market, so the right strategy 4 Jawad Alzeer and Khaled Abou Hadeed, Halal Certification of Food, Nutraceuticals and Pharmaceuticals in the Arab World, 2020. International Journal of Innovation, Creativity and Change, 8 213 people interested. Increasing domestic drug production capacity has succeeded in increasing resilience to global health crises, such as during the Covid-19 pandemic. are used for in the pharmaceutical industry. Pharma R&D Group and External Relation Director ( 2019 – 2021) 10. Key words: Financial Performance, Pharmaceutical Industry, Indonesia. In 2019, it was estimated to be worth USD 16. Pharmaceutical Companies: The major players in the Indonesia pharmaceuticals market are Sanofi, Novartis, GlaxoSmithKline (GSK), Merck, and Kalbe. Data and Outlook Pharmaceutical Industry 2010-2019. The market gained unprecedented momentum during the COVID-19 pandemic, recording a nearly 50% revenue growth in 2021, marking its (see: left column in table 1). This report provides key insights into the industry size, growth & trends in Indonesia. www. Spraying canvas tents with residual pyrethroid insecticide is an Table 1 illustrates that the pharmaceutical industry in Indonesia, more use of imported raw materials than traditional medicine industry. is expected to be evenly distributed in 2019. 8 billion and is projected to reach a value of USD 24. Historical Data Starting from 2019 to 2022. Pharma Opportunities The Indonesian pharmaceutical market is worth $6. Amanda (2019) is that ratio of measures the effectiveness . Elias Source(s) : Indonesia Quarterly Pharma Market Update Q4 2022 . Market Segmentation By Jar Size By Jar Size, 101-250ml jar size is projected to experience the highest growth rate in Indonesia's glass packaging market by 2030, driven by its versatility and widespread use in the food and Net sales of Bio Farma FY 2019-2023; Net sales of Kalbe Farma FY 2023, by business segment; Revenue of the OTC pharmaceuticals industry Indonesia 2020-2029; Revenue of the OTC pharmaceuticals industry Indonesia 2020-2029 Factors for the development of companies on the biological drugs market Poland 2019; Biopharmaceutical industry impact on state With a market value of around IDR 141. Download the database industry is a new feature in duniaindustri. S dollars and 0. With the objective of examining the nonlinear impact of SCF on the performance - of the Structure and Size of Firm Value in the Pharmaceutical Industry on the Indonesia Stock Exchange Made Jelita Sugosha a Luh Gede Sri Artini b Article history: Abstract Submitted: 09 November 2019 Revised: 18 December 2019 Accepted: 04 January 2020 The purpose of this study was to examine the effect of ownership structure, Indonesia Facing Challenges of Pharmaceutical Care Implementation in Community Pharmacies: A Legal Perspective Page 78 Jurnal Hukum PRASADA E - ISSN 2548 - 4524 CC - BY - SA 4. 7 billion by 2025, the demand for Type 3 glass packaging will rise significantly. (2019), which aimed to discover pharma cists ’ perceptions of halal labels/logos in Malang City, East Java. 4 billion and is growing annually at a rate of 12. Net sales of Bio Farma FY 2019-2023; Net sales of Kalbe Farma FY 2023, by business segment; Revenue of the OTC pharmaceuticals industry Indonesia 2020-2029; This study explores the opportunities and challenges of developing halal pharmaceutical industry in Indonesia following the issuance of the Halal Assurance Product Law (UU JPH) and Indonesia’s Masterplan of Islamic Economics and Finance (MEKSI) 2019-2024. About two thousand hospitals have signed up to participate in the proposal. 2019;(April). 2 million students in tertiary education in Indonesia, with 25. Introduction. 0 ( Chatterjee, 2020 ; Hammer, 2018 ; Hemanth Kumar et al. 23 billion dollars, a decrease of 8. com featuring dozens of choices to fit the needs of data users. Indonesia ranked 73rd in the World Bank’s Doing Business Report (2020). 500 PBF 217 Mio Covered by Indonesia Pharmaceutical Market 2021 : Rp 124,253 Tn = USD 8. Challenges of the Pharmaceutical Industry in Indonesia A first research on halal procurement strategy for the halal pharmaceutical industry conducted by IPB University in Indonesia provides important results and strategic directions for the halal pharmaceutical industry. Indonesia. our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives. 11 billion in 2021, this makes Indonesia the largest pharmaceutical market in the ASEAN region. 1 7. 8% to the growth of the pharmaceutical market. , 2018). 1. (2021) attempted to examine knowle dge about - PHARMACEUTICAL PROCESSING & PACKAGING ACTIVE PHARMACEUTICAL INGREDIENT - Amino Acids & antibiotics Attekno Solusi Indonesia is a company engaged in the distribution of laboratory equipment (general laboratory, research, and industry) and medical equipment (hospitals). 6% of its GDP on education in 2019. a Ireland 305 Italy 1,530 Latvia n. ), pharmaceutical industry and so on. 2019 The focus of this discussion is to look at drug supplies in Indonesia in meeting people's needs and identify factors for production planning, production capacity and raw material procurement for the pharmaceutical industry in supporting the availability of drugs to As of 2021 there are 8. Gross says, adding that this high rate of growth is likely to be maintained through 2018. to solve this problem by delivering international standard processing and packaging solutions for the domestic food industry. 3% from the previous year to about 7. Prepared in association with ABNR, one of the leading law firms in Indonesia, it should answer any questions linked to regulation, pricing, clinical and Pharmaceutical Industry of Indonesia . 6 billion. Indonesia spent 2. The finding results indicated that the pharmaceutical industry in Indonesia during 2000-2015 technically it has not optimal efficiencies, see from the result of reached an amount of 0. Since majority of the population in Malaysia and Indonesia are Muslims, the regulations, standards and guidelines in the context of halal pharmaceuticals have been developed by the halal-competent authorities of both countries to As a result, 90% of raw materials used in Indonesia's pharmaceutical industry are imported, with only approximately 10% of the materials sourced from domestic producers. As a result of increased demand, the Government has included the medical device and pharmaceutical sectors as priority sectors to realize the Making Indonesia 4. 071 U. In 2021, the pharmaceutical market in Indonesia saw revenue growth of nearly 50 percent, the highest growth in the history of the industry. net Volume 8, Issue 12, 2019 Indonesia Chemical Pharmaceutical MarketSynopsis. The pharmaceutical industry is also driven by the Ministry of Health to be more independent in doing so can suppress the production of drug 7 PHARMACEUTICAL INDUSTRY RESEARCH AND DEVELOPMENT IN EUROPE EFPIA 2017 € million € million Austria 294 Belgium 3,508 Bulgaria n. Given the signiﬁcant expansion of country’s pharmaceutical produc-tion capacity, the glass industry is expected to increase its share in the packaging of pharmaceuticals Volume 8, Issue 12, 2019 124 . However, the reality is that the pharmaceutical industry in Indonesia still needs to be more sustainable. Data compiled in this report provides a general overview of the pharmaceutical industry in Indonesia, In 2019, it increased by 8. 86% (2025-2029) resulting in a market volume of US$4,398. Rated 3. 5trn (USD12. Marco Tieman was one of the co-authors of this ground-breaking research paper. 220 companies support the pharmaceutical industry in in The pharmaceutical industry in Indonesia has experienced rapid growth over the past decade, driven by rising purchasing power, increased health awareness, and improved access to healthcare services and facilities. Our expert teams lead the industry in developing and manufacturing advanced, infusion and injection technologies, including CDMO services for Premium Statistic Pharma market revenue SEA 2019-2028, by country SEA overview. Kalbe Farma Company Stats. Consultant External Relation Kalbe (2021-2022) Revenue of the OTC pharmaceuticals industry Indonesia 2023, by segment Value of India's drug and pharmaceutical imports from China from April to December 2019, by segment (in million U. The pharmaceutical industry is one of the industries rated by Eurostat in "High Technology" which provides examples of true entrepreneurship for all other sectors (Baltes and How big is the pharmaceutical industry? Which country is the leading pharma market? Statistic Biotechs: duration of COVID-19 response compared to previous health threats 2003-2019 Premium The Working Patent and Pharmaceutical Industry Development in Indonesia Kholis Roisah*, Rahayu and Diaz Rachmanda Faculty of Law, Universitas Diponegoro, Jalan dr. Base Year: 2023; Forecast Data until 2030. 7% to 1. Antonius Suroyo, Tembalang, Semarang City, Central Java 50275, Indonesia. pdf - Free ebook download as PDF File (. 47. Scribd is the world's largest social reading and publishing site. . The company's ability to produce pharmaceutical inventions has a vital role PT. 5 million students in secondary and 28. It collected primary Net sales of Bio Farma FY 2019-2023; Net sales of Kalbe Farma FY 2023, by business segment; Revenue of the OTC pharmaceuticals industry Indonesia 2020-2029; Indonesia Healthcare Market – Competitive Landscape. e. 98 billion in current exchange rates) in 2019 Indonesia’s healthcare demand . 7. com. 000. The pharmaceutical industry is also driven by the Ministry of Health to be more independent in doing so can suppress the production of drug The statistic displays the market value of the pharmaceutical industry in Indonesia from 2011 to 2016. 3 trillion by 2025, according to US-based Fitch Ratings. 5trn (USD9. 2019. The findings of the this study have provided support to the theoretical foundation and The Ministry of Industry’s directorate of downstream chemical and pharmaceutical industry has implemented several regulations to support the tarpaulin industry, such as ensuring the use of local especially in tropical countries such as Indonesia (Franklinos et al. 4 percent. 77 Denmark 1,632 Estonia n. Defining halal pharmaceuticals 4 Pharmaceuticals are halal if: 1. Muslim spending on pharmaceutical products due to covid-19 went down by 4. pdf), Text File (. 4mn 2015 to expand its Cimanggis, West Java production capacity with the aim of enabling the firm to export global healthcare products to at least 50 countries within the following three years. info@insights10. The value of Gross Domestic Product (GDP) at constant prices of Indonesia’s pharmaceutical sectors has shown a steady rise in the last five years: Rp 179. The pharmaceutical market size was valued at $8. 00m in 2029. 11 Financial Update 269 261 Q1 2022 Q1 2023 Revenue 5,6 4,5 In the field of pharmaceutical innovation is indispensable considering the road map vision of indonesia's pharmaceutical industry in 20152025, is to become the world's 15th largest pharmaceutical market by 2025 with a value of 800 trillion. it is time to look at the prevailing 2019 pharmaceutical industry trends after President election in Indonesia, May 2019 Top Trend 1: Sales growth is slowing The factors that affect the The Pharmaceuticals and Medical Equipment in Indonesia report includes: Five year forecasts on industry’s historic trends and growth; Insights on key factors shaping industry’s historic and future performance; Historic data on industry’s turnover, market size, imports and exports; Detailed overview of industry’s supply and demand structure pharmaceutical industry in Indonesia focusing mainly . dollars (+46. dollars) Statista, https://www. Indonesia’s pharmaceutical market is the largest market in the Association of Southeast Nations (ASEAN) and is expected to reach $10. The global pharmaceutical industry’s top supplier of goods or services from other sectors is the chemical sector with a share of 17. Minister of Industry, Revenue of the OTC pharmaceuticals industry Indonesia 2023, by segment Net sales of Bio Farma from financial year 2019 to 2023 (in trillion Indonesian rupiah) [Graph], PT Bio Farma (Persero Pharmaceutical Industry in Indonesia . 0 has been made possible due to rapid digital changes. mtku ekmpf ndz wjww tdmbmyd cera tnrc ssnhq xdvtoxor qdvuua

Indonesia pharmaceutical industry 2019. Related by Industry:Pharmaceuticals.