Logo of Phnom Penh Post newspaper Phnom Penh Post - Thai big pharma coming to Kingdom

Thai big pharma coming to Kingdom

Content image - Phnom Penh Post
AVS Innovation CEO Kampol Siriwattanakul (centre left) and Cambodian ambassador to Thailand Ouk Sorphorn (centre right) look forward to the company’s entry into the Kingdom’s market. ROYAL EMBASSY OF CAMBODIA IN BANGKOK

Thai big pharma coming to Kingdom

Thai pharmaceutical manufacturer AVS Innovation Co Ltd plans to expand its pharmaceutical and medical products market to Cambodia, Cambodian ambassador to Thailand Ouk Sorphorn said in a statement on Wednesday.

The statement came following a meeting between Sorphorn and AVS Innovation CEO Kampol Siriwattanakul.

Sorphorn said the company wants to team up with local firms to ship in medical products and develop innovative tools and equipment to supply local and global market needs.

“We welcome the aforementioned project and have acquainted the company with the potential of Cambodian business opportunities, including the economic diplomacy policy that the Cambodian embassy is undertaking to promote trade, tourism and culture,” he said.

Kampol said his company is currently producing medicine and equipment for Covid-19 to supply the domestic market.

“The company is looking for partnerships in Cambodia to further expand our potential,” he said, without revealing a timeframe.

Pharma Product Manufacturing Co Ltd (PPM) director Dr Hay Ly Eang told The Post on Thursday that he welcomed the company expanding into the market.

“We want to work together, but in dealing with foreign companies we must consider how our collaboration can best benefit the nation,” he said. “We are well able to compete with them, just as we are well able to cooperate with them.”

He added that PPM pharmaceuticals manufactures the painkiller Kinal – the first Cambodian produced medicine. It was developed by Cambodian pharmacist Dr Kok Sok Kim in September 1960.

The company currently exports its products to Africa, Southeast Asia and Europe.

“Our country’s pharmaceutical market is big,” he said. “We are not afraid of quality and technical competition and we also see strong support from our government,” said Dr Ly Eang.

PPM is a local producer of pharmaceutical products launched in 1996. The company has played a big role in the Kingdom’s pharmaceutical industry, both socially and economically.

As the sole survivor of his family during the Khmer Rouge’s reign, Dr Ly Eang went to France in 1976 at 21 years old. He became a pharmacist and opened a shop in 1990 in Nanterre commune in the western suburbs of Paris.


  • Prince Norodom Ranariddh passes away at 77

    Prince Norodom Ranariddh, the second son of the late King Father Norodom Sihanouk and former First Prime Minister of Cambodia, has passed away in France at the age of 77. “Samdech Krom Preah Norodom Ranariddh has passed away this morning in France just after 9am Paris-time,”

  • General’s gun smuggling ring busted

    The Military Police sent six military officers to court on November 22 to face prosecution for possession of 105 illegal rifles and arms smuggling, while investigators say they are still hunting down additional accomplices. Sao Sokha, deputy commander of the Royal Cambodian Armed Forces and commander of

  • Cambodia, Thailand to discuss border reopening

    Cambodian authorities from provinces along the Cambodia-Thailand border will meet with Thai counterparts to discuss reopening border checkpoints to facilitate travel, transfer of products and cross-border trade between the two countries. Banteay Meanchey provincial deputy governor Ly Sary said on November 22 that the provincial administration

  • More Cambodians studying in US

    The number of Cambodian students studying at US colleges and universities in 2020-21 increased by 14.3 per cent over the previous year despite the Covid-19 pandemic, according to a recent US government report. The 2021 Open Doors report on International Educational Exchange showed that 848 Cambodian students studied

  • Rise in planned flights lifts travel hopes

    Six airlines have applied to resume flights in December, while two others have put in for additional flights and routes, according to State Secretariat of Civil Aviation (SSCA) head Mao Havannall on November 29. These account for 43 new weekly domestic and international flights in December, up 16

  • PM: Do not defile Tonle Sap swamp forest or else

    Prime Minister Hun Sen ordered police to arrest anyone – including government officials – involved with the deforestation of the flooded forests surrounding the Tonle Sap Lake because it is an area important to the spawning of many species of fish, among other reasons. Speaking in a