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Search Result for “Lotus”

Showing 1 - 10 of 13

BUSINESS

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.

BUSINESS

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.

BUSINESS

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.

BUSINESS

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.

BUSINESS

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.

BUSINESS

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.

BUSINESS

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.

BUSINESS

PTT planning to produce medical consumables

Business, Yuthana Praiwan, Published on 09/06/2022

» National oil and gas conglomerate PTT Plc is to move into the production of medical consumables amid growing demand, especially in ageing societies, under a new partnership with petrochemical and plastic manufacturers.

BUSINESS

Innobic, Aztiq pay $475m to acquire 2 leading firms

Business, Yuthana Praiwan, Published on 11/05/2022

» National oil and gas conglomerate PTT Plc has made another investment in the pharmaceutical sector with its business partner Iceland-based Aztiq HK Co, jointly acquiring Alvogen Emerging Market Holdings, a major shareholder in Lotus Pharmaceutical and Adalvo, two leading firms in the pharmaceutical industry.

LIFE

Innobic collaborations drive life science solutions

Business, Yuthana Praiwan, Published on 15/12/2021

» Buranin Rattanasombat sees a clear direction for business in the post-pandemic period.