Memorandum of Understanding with JDMAS Commerce Sdn Bhd

Pharmaniaga Berhad today signed a Memorandum of Understanding (MoU) with JDMAS Commerce Sdn Bhd (JDMAS) to commercialise Pharmaniaga’s over-the-counter (OTC) and subsequently pharmaceutical products in China through JD.Com, with the support of JDMAS. JDMAS, the official partner of JD.Com, is China’s largest and the world’s third largest online retailer. It is the only Malaysia National Pavilion recognised by Government of Malaysia and holds key Account or Flagship Store Status by JD.Com. Through this MoU, JDMAS will be partnering with Pharmaniaga to register, import, distribute and market Pharmaniaga’s OTC and other healthcare products in China. JDMAS will also support the Group in terms of regulatory advisory services, commercial trade and supply chain operations for the China market. The MoU was signed by Pharmaniaga Group Managing Director Datuk Zulkarnain Md Eusope and JDMAS Managing Director Dato’ Bruce Lim, witnessed by Pharmaniaga Chairman Datuk Seri Zainal Abidin Mohd Rafique, JDMAS Commercial Country Manager Elvin Lim and JDMAS Executive Director Desmond Ng.