Posted by SHAH NURSYAHMIAIMAN NOOR JALAINI > 2020-11-12 21:17 | Report Abuse

https://www.bernama.com/bm/news.php?id=1900595

Posted by Vui Lip Ling > 2020-11-12 21:19 | Report Abuse

KUALA LUMPUR (Nov 12): Duopharma Biotech Bhd's third-quarter (3Q) net profit fell 4.93% to RM14.13 million, from RM14.86 million a year earlier, due to a drop in revenue on lower demand from the private ethical sector.

Earnings per share for the quarter ended Sept 30, 2020 slid to 2.03 sen from 2.2 sen previously, according to the pharmaceutical group's filing with the stock exchange.

Quarterly revenue was down 6.36% to RM133.77 million from RM142.86 million.

For the cumulative nine months ended Sept 30, 2020, net profit slipped 1.9% to RM42.42 million or 6.16 sen per share, from RM43.24 million or 6.49 sen per share a year earlier, as revenue fell by a marginal 0.66% to RM435.82 million from RM438.71 million.

"Even with the ongoing scenario comprising global and domestic upheavals largely attributed to the Covid-19 pandemic, these solid financial results attest to higher demand for the group's pharmaceutical products especially from the consumer healthcare sector," said Duopharma managing director Leonard Ariff Abdul Shatar in a statement today.

On prospects, Leonard said the group remains cautiously optimistic about its performance for the financial year ending Dec 31, 2020 (FY20), although the year has undoubtedly been more challenging than previous years.

He noted that Budget 2020 saw an increase of 6.6% in allocation for the healthcare sector to RM30.6 billion — the highest ever allocation in Malaysian history.

This, coupled with the additional allocation to the Health Ministry to combat Covid-19, augurs well for the group as about 50% of its sales are made to the public health sector, he added.

As for Budget 2021, Leonard said the incentives proposed will encourage Malaysia's recovery from what has been a tumultuous year.

"The inclusion of public health initiatives, such as the provisioning for the purchase of a Covid-19 vaccine as well as increased allowances for health checks and treatments, will help safeguard the rakyat's health into the coming year," he added.

Duopharma said its new highly potent active pharmaceutical ingredients (HAPI) plant is already in operational mode, especially with the manufacture and supply of cancer drug Letrozole for both the public and private sectors.

Additionally, Duopharma has obtained a 25-month extension of a government contract for the supply of pharmaceutical and non-pharmaceutical products to hospitals, clinics and others until Dec 31, 2021.

"This extension will help stabilise a significant portion of the group's revenue for the said period. We also hope that the insulin off-take will also be extended to enable the group to mobilise our resources to intensify our foray into specialty products as one of our strategies moving forward to create a pool of niche products," Leonard said.

Duopharma's share price closed four sen or 1% higher at RM4.04 today, valuing the group at RM2.85 billion. Year-to-date, the counter has risen by 185% from RM1.42.

Posted by Godofgambler > 2020-11-12 22:05 | Report Abuse

Vaccine coming to Malaysiaaaaaaa
Fly duopharma!!!!!

Posted by NPRA1985 > 2020-11-12 22:27 | Report Abuse

CureVac reveals early data for mRNA-based COVID-19 vaccine candidate

http://www.pmlive.com/pharma_news/curevac_reveals_early_data_for_mrna-based_covid-19_vaccine_candidate_1355839

Posted by NPRA1985 > 2020-11-12 22:31 | Report Abuse

Moderna preparing for interim analysis of late-stage COVID-19 vaccine data

https://www.pmlive.com/pharma_news/moderna_preparing_for_interim_analysis_of_late-stage_covid-19_vaccine_data_1356837

Posted by henry888 > 2020-11-13 07:38 | Report Abuse

@Pharker. Nothing curious why EPF sold. EPF always buy and sell ...activities keep going on...

Posted by henry888 > 2020-11-13 07:40 | Report Abuse

Wish budget 2021 for covid-19 can go through and you will see DPH flying....TP rm5.00 and above.

Posted by henry888 > 2020-11-13 08:06 | Report Abuse

Don't get mislead by some ppl...this is GLC companies.

Posted by henry888 > 2020-11-13 08:16 | Report Abuse

"Malaysia ready to receive successfully developed COVID-19 vaccines — PM Muhyiddin"

Posted by sandee > 2020-11-13 08:58 | Report Abuse

Limit Up today....Mtronic ventures into Covid-19 Vaccines, same as Solutions up from 0.05 to 0.950......
https://klse.i3investor.com/blogs/THP/2020-11-13-story-h1536401405-MTRONIC_0043_FRY_IT_LIMIT_UP_ON_FRYDAY.jsp

Posted by foongkitmun > 2020-11-13 09:25 | Report Abuse

Sudah lembik lo.....

Posted by foongkitmun > 2020-11-13 09:31 | Report Abuse

No eye see...if wanna drop, pls drop kau kau..ok????drop until 3 chicken

Posted by Vui Lip Ling > 2020-11-13 10:23 | Report Abuse

PETALING JAYA: Duopharma Biotech Bhd posts a marginal decline in earnings for the third quarter ended Sept 30,2020, as it registered lower revenue.

During the quarter in review, the pharmaceutical company posted a net profit of RM14.1mil, compared with RM14.9mil in the corresponding quarter last year, while revenue fell to RM133.8mil from RM142.9mil previously.

For the nine months to September 2020, Duopharma’s net profit slid 1% to RM42.4mil from RM43.2mil in the corresponding period last year, while revenue came in at RM435.8mil, compared with RM438.7mil previously.

“The group’s revenue decreased marginally as compared to last year’s corresponding period mainly due to lower demand from private ethical sector, tampered by higher demand from the consumer healthcare sector, ” it said in a filing with Bursa Malaysia, noting that the marginal decline in earnings was in tandem with the decrease in revenue.

In a separate statement, group managing director Leonard Ariff Abdul Shatar said despite the ongoing scenario comprising global and domestic upheavals largely attributed to the Covid-19 pandemic, the group’s solid financial results attested to higher demand for its pharmaceutical products, especially from the consumer healthcare sector.

This helped offset a marginally lower revenue compared to the corresponding period last year attributed to lower demand from the private ethical sector, he said.

“While 2020 has undoubtedly been more challenging than the previous years, we remain cautiously optimistic of our full-year performance, ” Leonard Ariff said, citing various contributing factors.

These included Budget 2021 having seen an increase of 6.6% in allocation for the healthcare sector to RM30.6bil, the highest ever allocation in the country’s history.

“This additional allocation augurs well for the group, as about 50% of our sales are made to the public health sector, ” he added.

Posted by pertamina > 2020-11-13 10:25 | Report Abuse

The vaccine surely will be under controlled item by the government to make it accessible to ALL. Duopharma cannot argue with the government for that since most of its revenue are coming from the government.

Posted by foongkitmun > 2020-11-13 11:54 | Report Abuse

https://www.astroawani.com/berita-dunia/covid19-australia-pula-umum-vaksin-selamat-dan-berkesan-268213?fbclid=IwAR3ApzDwPdYl3FzULfcUgMDKckOnmFP0Fj2EG8vb9sTyyxyVuo8VZ9d1NZ0

Posted by NPRA1985 > 2020-11-13 15:32 | Report Abuse

Morocco presses ahead with vaccine campaign preparations

In implementation of Royal guidelines to roll out coronavirus vaccine for all, head of the government Saad Eddine El Othmani said that preparations are underway and the safety and health of citizens is a priority.

“Our country’s choice for a vaccine is based on the criteria of safety and efficiency,” said El Othmani at the weekly cabinet meeting held Thursday.

THE TRIALS HAVE SHOWN THE VACCINE TO BE ADOPTED BY MOROCCO TO BE SAFE AND EFFICIENT, HE SAID, ADDING THAT MOROCCO WORKS IN CLOSE COOPERATION WITH THE WORLD HEALTH ORGANIZATION to that end.

Morocco had taken part in trials for the Chinese SINOPHARM vaccine and has ordered doses of the R-Pharm vaccine developed under a contract from the UK’s AstraZenica, which produced a vaccine in collaboration with Oxford University.

https://northafricapost.com/45150-morocco-presses-ahead-with-vaccine-campaign-preparations.html

Posted by NPRA1985 > 2020-11-13 17:28 | Report Abuse

WHO says in talks with Russian institute on Sputnik V COVID-19 vaccine

https://www.thestar.com.my/news/world/2020/11/12/who-says-in-talks-with-russian-institute-on-sputnik-v-covid-19-vaccinea

Posted by NPRA1985 > 2020-11-13 17:29 | Report Abuse

SATS able to transport Pfizer’s experimental Covid-19 vaccine at low temperatures — CEO

https://www.theedgemarkets.com/article/sats-able-transport-pfizers-experimental-covid19-vaccine-low-temperatures-%E2%80%94-ceo

Posted by NPRA1985 > 2020-11-13 21:02 | Report Abuse

Dr. Fauci says it appears Covid strain from Danish mink farms won’t be a problem for vaccines

https://www.cnbc.com/2020/11/13/covid-dr-fauci-says-it-appears-outbreak-in-minks-wont-be-a-problem-for-vaccines.html

Posted by NPRA1985 > 2020-11-13 21:15 | Report Abuse

Exclusive: Indonesia to start mass COVID-19 vaccination THIS YEAR - President

Indonesia has sought emergency authorisation to start a mass vaccination campaign BY THE END OF THE YEAR to combat the coronavirus in the archipelago, the Southeast Asian nation’s president said on Friday.

In an interview with Reuters, President Joko Widodo, commonly known as Jokowi, said plans were already advanced to distribute the vaccine across the entire country.

Vaccines produced by China’s Sinovac and SINOPHARM are slated to be used in the early stages of the campaign. This year, the companies will provide 18 million vaccines, including 15 million that will be manufactured by Indonesia’s state-owned pharmaceutical company Bio Farma.

https://www.reuters.com/article/health-coronavirus-indonesia-president/exclusive-indonesia-to-start-mass-covid-19-vaccination-this-year-president-idUSL4N2HZ1AH

Posted by NPRA1985 > 2020-11-13 21:36 | Report Abuse

Switzerland starts 'rolling review' of Moderna COVID-19 vaccine

https://www.reuters.com/article/us-health-coronavirus-moderna-swiss/switzerland-starts-rolling-review-of-moderna-covid-19-vaccine-idUSKBN27T1LS?il=0a

Posted by NPRA1985 > 2020-11-13 21:51 | Report Abuse

China National Pharmaceutical Group Corp (SINOPHARM), a Chinese state-owned enterprise, announced on Wednesday that data from late-stage clinical trials for its Covid-19 vaccine are «BETTER THAN EXPECTED», Reuters reported.

In Morocco, Dr. Abdelhakim Yahyane, a member of the National Scientific Advisory Committee on Vaccination, told Yabiladi earier this week that vaccine trials in the country «have REACHED THE FINAL PHASE».

We are impatiently awaiting the end of this process, which could probably happen BY NEXT WEEK

https://en.yabiladi.com/articles/details/101544/conducted-morocco-among-others-sinopharm-s.html

Posted by NPRA1985 > 2020-11-13 22:22 | Report Abuse

Indonesia is set to become one of the first countries to roll out mass coronavirus vaccinations.

They'll do it by the end of the year, and use Chinese vaccines.

Vaccines produced by China's Sinovac and SINOPHARM will be used in its early stages.

https://news.yahoo.com/indonesia-poised-mass-vaccinations-president-124335049.html

Posted by NPRA1985 > 2020-11-13 22:32 | Report Abuse

Brothers build $22 billion fortune on hope for Covid-19 vaccine

https://themalaysianreserve.com/2020/11/13/brothers-build-22-billion-fortune-on-hope-for-covid-19-vaccine/

Posted by NPRA1985 > 2020-11-14 00:25 | Report Abuse

https://abcnews.go.com/Health/reality-pfizers-covid-19-vaccine-distribution-plan/story?id=74183968

Posted by NPRA1985 > 2020-11-14 02:07 | Report Abuse

https://www.google.com/amp/s/www.foxnews.com/health/vaccine-coronavirus-moderna-trial-covid-19-volunteer-north-carolina-student.amp

Posted by Allbullbutglove > 2020-11-14 08:56 | Report Abuse

Keep falling keep falling -collecting

Posted by foongkitmun > 2020-11-14 10:57 | Report Abuse

Monday nail ka?

Posted by Allbullbutglove > 2020-11-14 13:39 | Report Abuse

Down sharply for collection

Posted by SHAH NURSYAHMIAIMAN NOOR JALAINI > 2020-11-14 17:52 | Report Abuse

https://www.theedgemarkets.com/article/aseanus-need-enhance-cooperation-vaccine-rd-says-hishammuddin

Posted by Godofgambler > 2020-11-14 21:42 | Report Abuse

Very soon will rocket

Posted by hanzo > 2020-11-14 21:56 | Report Abuse

this npra talk too much every forum. his portfolio also suck. ur kanger move slow like u. i already make 10 million profit in at

Posted by Zuliana > 2020-11-15 14:05 |

Post removed.Why?

Posted by DreamCruiser > 2020-11-15 14:08 | Report Abuse

Down 1.73%

Posted by DreamCruiser > 2020-11-15 14:09 | Report Abuse

Better start studying & analysing all the faults

Posted by DreamCruiser > 2020-11-15 14:09 | Report Abuse

Then start improving

Posted by DreamCruiser > 2020-11-15 14:09 | Report Abuse

Good luck

Posted by Zuliana > 2020-11-15 14:37 |

Post removed.Why?

Posted by Zuliana > 2020-11-15 15:56 |

Post removed.Why?

Posted by henry888 > 2020-11-15 17:02 | Report Abuse

From the Edge, "V-shaped recovery will be derailed if Budget 2021 not passed — EMIR Research"
Duopharma - sure win game but budget plays a very important role....Any ppl's opinions chances of Budget getting through.

Posted by ampabella > 2020-11-15 17:10 | Report Abuse

Please drop as much as you can so I can tah pau some for supper

Posted by Chong1116 > 2020-11-15 17:39 | Report Abuse

https://www.chinapress.com.my/?p=2283876

Posted by Jtan63 > 2020-11-15 19:49 | Report Abuse

Everyday a few thousand people are dying out of Covid-19, scientist are busy to make sure the vaccines are safe enough to be used by people at large, all challenges has to be overcome before we can't turn the world back to a safer place to live. I am sure the storage issue can be overcome soon as many big logistic company already started investing in their storage capacity and innovate their handling measures. As the vaccine development goes on, there will be a better technology to protect its quality. We are now still staying safe and we can still shout about our profit/loss in the sharemarket, meanwhile lets pray for the success for those involve in their effort to fight covid-19. Budget 2021 will be out soon, money will be allocated, vaccines will be imported for our people, CMCO will get over and our share price will go up again then. Be patient and don't panic the market.

Posted by Jtan63 > 2020-11-15 21:21 | Report Abuse

Finance minister just said "“We have the flexibility to increase the allocation for the Covid-19 fund to RM20 billion..."

Posted by Jtan63 > 2020-11-15 21:23 | Report Abuse

https://malaysia.yahoo.com/news/outcry-finance-minister-says-govt-024718657.html

Posted by Jtan63 > 2020-11-15 21:26 | Report Abuse

10B goes to vaccines, more then the 3B we talked before

Posted by James89 > 2020-11-15 22:07 | Report Abuse

“We target half of the RM20 billion to go to initiatives under Kita Prihatin, and the other half of RM10 billion to Covid-19 or the procurement of a vaccine,” he was quoted saying.

Posted by kentrade888 > 2020-11-16 09:09 | Report Abuse

https://www.orientaldaily.com.my/news/nation/2020/11/15/375474?fbclid=IwAR28WbcWboWtigVSEYtEpvA114aLxDzmLfoksQHqjUkIthVKEGZWgZUul_w

发布于 2020年11月15日 20时31分 • 最后更新 10小时前
马中外交部设最高委会商获取疫苗课题
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（吉隆坡15日讯）外交部长拿督斯里希山慕丁指出，大马外交部已和中国外交部长王毅共同成立最高委员会，以讨论获取疫苗的课题。

他希望，可以亲自到北京和王毅共同召开第一次的最高委员会会议。

“除了讨论有关获取疫苗的课题外，我们也将讨论有关经济、安全等课题，这些对我们和中国来说，都是新的课题。”



希山慕丁是在今日出席第37届东盟首脑会议闭幕记者会时，如是指出。

另一方面他说，大马身为东盟和澳洲的协调者，促使东盟澳洲首脑峰会，从以往的每两年召开一次会议，改为每年召开一次会议。

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“大马在此次的峰会中，成功促进了东盟和澳洲的关系，澳洲总理莫里森为此向大马表示感激。”

他指出，大马和澳洲将共同思考，两国该如何寻求方法应对疫情，包括有关获取疫苗的课题。

“此外，我们也将讨论有关如何落实‘旅行泡沫’和教育课题，尤其我国有许多学生在澳洲留学。”

另外，他说，即便此次的峰会以视讯方式召开，但这并不影响东盟国家之间的关系。

“会议期间，首相丹斯里慕尤丁在发表谈话时，可以从其他国家首脑的肢体语言，让我觉得他们正用心聆听，并尊重我们的立场。”

“很高兴的，透过此次会议，东盟国家之间的关系已变得更坚固，因为疫情使我们合作去面对更多的全球性挑战。”

Posted by Jonathan Keung > 2020-11-16 10:20 | Report Abuse

Around 10 Billion will be used for vaccine procurement. Pharma and DPharma direct beneficiary of public vaccine procurement

Posted by samad > 2020-11-16 11:39 | Report Abuse

Let’s buy and keep.
Yeah.