Innovation is important to help companies here expand, said Senior Minister of State for Trade and Industry Koh Poh Koon yesterday.
Speaking at the official opening ceremony of Hyphens Pharma International's new facility, Dr Koh said:" dedication to innovation has helped them build a range of proprietary products and brands that are distributed locally as well as regionally. "With an established presence in Asean countries, Hyphens Pharma is well-positioned to serve these fast-growing markets and the rising demand for quality healthcare products.
"Hyphens Pharma's commitment to innovation and moving up the value chain serves as an excellent example for other local companies." The pharmaceutical group has a direct presence in Singapore, Indonesia, Malaysia, the Philippines and Vietnam and a marketing and distribution network covering Bangladesh, Brunei, Cambodia, Hong Kong, Myanmar and Oman.