Showing 1 - 10 of 29
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 sells stake in Neo Mobility Asia to MGC
Business, Yuthana Praiwan, Published on 06/08/2025
» National oil and gas conglomerate PTT Plc continues to reduce its role in the battery-powered vehicle business with the sale of its entire 50% stake in Neo Mobility Asia Co (NMA), a flagship electric vehicle (EV) business, to SET-listed auto retailer Millennium Group Corporation (Asia) (MGC).
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.
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.
PTT set to spin off life science unit Innobic
Business, Yuthana Praiwan, Published on 20/11/2024
» National oil and gas conglomerate PTT Plc is likely to spin off its life science subsidiary Innobic (Asia), enabling the firm to be more financially independent as it seeks to make significant changes to its diversified businesses.
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.
Nam to go ahead with SET listing
Business, Yuthana Praiwan, Published on 18/07/2023
» Namwiwat Medical Corporation (Nam), a local sterilised medical equipment manufacturer and seller, is preparing for listing on the Stock Exchange of Thailand to raise funds to support growth, despite political uncertainty which has caused the SET index to fluctuate.
Nam teams up with PTT for global expansion
Business, Yuthana Praiwan, Published on 30/05/2023
» Namwiwat Medical Corporation (Nam), a Thai sterilised medical equipment maker and seller, aims to become a key manufacturer on the global stage by partnering with national oil and gas conglomerate PTT Plc following a successful expansion in Southeast Asia.
PTT sees EVs as new revenue stream
Business, Yuthana Praiwan, Published on 02/03/2023
» National oil and gas conglomerate PTT Plc is angling towards becoming a new electric vehicle (EV) manufacturer in Thailand as construction of its assembly plant in Chon Buri is scheduled to finish next year.