ADB, Imexpharm sign loan to support generic medicine production in Vietnam
The Asian Development Bank (ADB) signed an eight million USD loan with Imexpharm Corporation to help the company sustain its production of generic medicines despite global supply disruptions caused by the COVID-19 pandemic.
The Asian Development Bank (ADB) signed an eight million USD loan with Imexpharm Corporation to help the company sustain its production of generic medicines (Photo: baodautu.vn)
Hanoi (VNA) -🎶 The AsianDevelopment Bank (ADB) signed an eight million USD loan with ImexpharmCorporation to help the company sustain its production of generic medicinesdespite global supply disruptions caused by the COVID-19 pandemic.
The financing will support the company’sworking capital needs to ensure ample supply of active pharmaceuticalingredients for essential generic medicine production. Imexpharm’s operations and continuedproduction of generic pharmaceuticals and their ensured availability in themarket is integral in safeguarding the country’s health care during thepandemic. Head of Health and Education Investments atADB's Private Sector Operations Department Aniruddha Patil said that Asia haswitnessed disruptions across the pharmaceutical supply chain in 2020, includinga shortage of active pharmaceutical ingredients. “This project demonstrates ADB’s continuedefforts to enhance health outcomes in Vietnam by encouraging the developmentand use of local generic medicines,” he added. For his part, Imexpharm’s Chairman NguyenQuoc Dinh said that the financing will improve the firm’s liquidity situationand ensure a consistent supply of affordable generic drugs to hospitals andpharmacies across Vietnam. This debt financing is part of ADB’s 20billion USD assistance announced on April 13 to help its developing membersmanage the pandemic. Imexpharm was established in 1977 andinitially incorporated in 1983 as the Dong Thap Pharmaceutical Union. The firmwas transformed from a state-owned enterprise into a joint-stock company andrenamed Imexpharm Corporation, and its shares were listed on the Ho Chi MinhStock Exchange in December 2006. As of September 30, Imexpharm had 1,252 employees,total assets of 2.07 trillion VND (89.66 million USD), and six pharmaceuticalmanufacturing facilities./.
A new report from the Asian Development Bank (ADB) shows that strengthening the dynamics of micro, small, and medium-sized enterprises (MSMEs) with innovation and internationalization will be key to revitalizing Southeast Asian economies devastated by the coronavirus disease (COVID-19) pandemic.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong, authorised by the Government, and Country Director of the Asian Development Bank (ADB) Andrew Jeffries on November 24 signed an agreement on the bank’s emergency grant of 2.5 million USD to help Vietnam address natural disasters’ consequences in the central region.
The Asian Development Bank (ADB) has provided a 600,000 USD grant in-kind to assist the Vietnamese government in the fight against the coronavirus disease (COVID-19) pandemic.
The Asian Development Bank (ADB) said on December 11 that it has launched a 9 billion USD COVID-19 vaccine initiative - the Asia Pacific Vaccine Access Facility (APVAX), offering rapid and equitable support to its developing members as they procure and deliver effective and safe coronavirus disease vaccines.
Despite storm-related disruptions and flight delays, the organs were successfully transported via a combination of air and ground travel. All patients are currently stable and recovering well.
The patient, Tieu Viet But, born in 1970 and residing in Binh Tri commune, Binh Son district, the central province of Quang Ngai, was working aboard fishing vessel Qng – 95657TS when the incident occurred at 7:00 am.
All drugs entering hospitals must have a clear origin, so counterfeit drugs are only in the market, not in hospital, affirmed Minister of Health Dao Hong Lan.
To achieve its goal of becoming a developed nation by 2045, Vietnam is prioritising the integration of AI and digital tools into the training of future doctors, said Assoc. Prof. Dr. Nguyen Viet Nhung, Dean of Medicine at University of Medicine and Pharmacy, Vietnam National University (VNU) Hanoi.
Health experts called for collective disease prevention and integrated solutions to achieve zero dengue deaths in the country at an online talk show on June 14.
The PM called for closer, broader, and more effective cooperation with Vietnamese partners, guided by the principles of mutual benefit, joint efforts, shared outcomes, and common development, including promoting stronger public-private partnerships and collaboration with businesses.
Renowned for its expertise in complex surgeries, the hospital has attracted foreign patients seeking treatment for conditions such as kidney and urinary tract stones, urological and gastrointestinal cancers, and male reproductive disorders. Most procedures are performed using advanced techniques, including laparoscopy and robotic surgery. T
Leading Vietnamese companies specialising in respiratory and dermatological treatments, traditional medicine, immune support supplements, and functional foods will have an opportunity to connect with international distributors and secure export deals.
The project aimed to enable early detection and reduce the risk of dangerous complications, targeting patients with chronic diabetes, cardiovascular conditions and metabolic disorders.
A 2023 report by the Vietnam Health Economics Association estimated that the total cost of tobacco-related healthcare and economic losses reached 108 trillion VND (4.14 billion USD) annually – equivalent to 1.14% of GDP and five times higher than the budget revenue generated by the tobacco industry.
All eligible patients will receive surgical interventions and post-operative care in accordance with Vietnamese medical standards and global care protocols.
Medical screenings and surgical interventions for children with disabilities are being carried out at health centers across Dien Bien. So far this year, 242 children have been identified for diagnosis, treatment, surgery, and the provision of assistive devices.
The Red Journey has become the country’s largest and most effective blood donation campaign, leaving a strong impression on the national voluntary blood donation movement.
This case marks the ninth fetal cardiac intervention conducted in HCM City, and it was considered the most technically demanding to date due to the fetus’s extremely early gestational age and the severity of the condition as diagnosed with aortic atresia.
The groundbreaking ceremony took place one day after the VNVC Vaccine JS Company and Sanofi Group exchanged cooperation documents on vaccine production technology transfer under the witness of State President Luong Cuong and French President Emmanuel Macron.
Vietnam’s traditional medicine took centre stage at the International Congress Biopharm Nonclinical Development, BioNCiD 2025, held on May 25-26 in the Cuban city of Varadero, amid growing global interest in sustainable healthcare solutions.
Under the agreement, VNVC and Sanofi will gradually implement technology transfers to enable domestic production of several key Sanofi vaccines that are widely used in Vietnam. In addition, Sanofi will support VNVC in training human resources and quality management in vaccine research and manufacturing.
Despite the ongoing global circulation and unpredictable developments of SARS-CoV-2, the World Health Organisation (WHO) hasn’t issued new warnings about COVID-19, said the Ministry of Health.
The Asian Development Bank (ADB) signed an eight million USD loan with Imexpharm Corporation to help the company sustain its production of generic medicines (Photo: baodautu.vn) 
