Duopharma targets niche products to fuel growth

TheStar Fri, Aug 14, 2020 07:40am - 3 years View Original


“Although 2020 is proving to be more challenging than previous years, we continue to remain cautiously optimistic on our financial year 2020 performance, ” group managing director Leonard Ariff Abdul Shatar (pic) said

PETALING JAYA: Duopharma Biotech Bhd, which reported improved earnings in the second quarter, is optimistic about its outlook for the rest of year on higher public spending in the healthcare sector.

The drugmaker is also working to expand its niche product business.

Duopharma Biotech announced a net profit of RM14.7mil in the three months ended June 30, compared with a net profit of RM13.9mil achieved a year earlier.

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