Showing 1 - 10 of 16
Innobic buys Alvogen Pharma
Business, Yuthana Praiwan, Published on 08/12/2025
» Innobic (Asia), the life science arm of energy giant PTT Plc, is moving into the world's largest pharmaceutical market after securing a foothold in the US through the acquisition of Alvogen Pharma US Inc.
PTT to sell stake in Taiwan pharmaceuticals firm
Business, Yuthana Praiwan, Published on 25/07/2025
» National oil and gas conglomerate PTT Plc has decided to adjust its investment in the life science business by selling a small portion of the shares it holds in Taiwan-based Lotus Pharmaceutical to boost financial flexibility.
Oil prices set to fall amid trade war
Business, Yuthana Praiwan, Published on 11/02/2025
» Global oil prices are expected to fall below US$70 per barrel this week, following the tariff policy announced by US President Donald Trump which has already triggered a new round of the trade war and threatens to affect the international economy, says Thai Oil Plc, Thailand's largest oil refinery by volume.
Innobic to pursue more strategic partners
Business, Yuthana Praiwan, Published on 13/01/2025
» Innobic (Asia) Co, the life science arm of national oil and gas conglomerate PTT Plc, is focusing on forming more strategic partnerships as part of a self-financing approach to fund businesses less dependent on the parent company, says chairman Buranin Rattanasombat.
Gunkul suspends cannabis investment amid confusion
Business, Yuthana Praiwan, Published on 15/05/2024
» SET-listed Gunkul Engineering, a renewable energy developer that diversified into the cannabis and hemp business three years ago, is suspending further investment in cannabis based on its nearly 2-billion-baht budget, pending clarity from the government regarding its policy on the drug.
Global Green Chemicals eyes income boost from new businesses
Business, Yuthana Praiwan, Published on 22/02/2024
» SET-listed Global Green Chemicals (GGC), the biochemical arm of PTT Global Chemical, expects to rake in more revenue from two new businesses -- food supplements and drugs -- by taking advantage of its expertise in the biochemical industry.
Innobic sells entire AMOLH stake
Business, Yuthana Praiwan, Published on 11/01/2024
» Innobic (Asia) Co, the life sciences arm of national oil and gas conglomerate PTT Plc, has sold its entire stake in its pharmaceutical firm to restructure, aiming to refocus in the segment.
Innobic plan to aid fight against cancer
Business, Yuthana Praiwan, Published on 18/08/2023
» Innobic (Asia) Co, the life science arm of national oil and gas conglomerate PTT Plc, expects to finalise a plan to commercialise active pharmaceutical ingredients (APIs) for manufacturing cancer drugs by the end of this year.
Innobic allocates B1bn for investments
Business, Yuthana Praiwan, Published on 18/01/2023
» Innobic (Asia), the life science arm of national oil and gas conglomerate PTT Plc, plans to spend 1 billion baht in capital expenditure this year to support cancer medicine and plant-based protein factory development projects.
Innobic profit driven by pharma interests
Business, Yuthana Praiwan, Published on 04/01/2023
» Innobic (Asia), the life science arm of national oil and gas conglomerate PTT Plc, expects to earn first-year profit of more than 100 million baht, driven in particular by its medicine business.