Thursday 24 November 2011

Pharmaniaga awards RM73m contract

KUALA LUMPUR: Pharmaniaga Bhd’s wholly owned unit Pharmaniaga Logistics Sdn Bhd has awarded an RM72.83 million contract for works relating to developing the pharmacy IT systems for government hospitals and clinics.

In an announcement to Bursa Malaysia yesterday, the company said a project agreement, with contract sum of RM72.83 million was entered into between Pharmaniaga Logistics and software developer Dataware Sdn Bhd for the development and implementation of Phase 1 of Pharmacy Information Systems (PhIS) for government hospitals and clinics under the Ministry of Health (MoH).

The scope of work under the project agreement include the design, development, installation, configuration, testing and commissioning of the PhIS and Clinic Pharmacy System (CPS) in two stages at 16 sites (six hospitals and 10 clinics) over 20 months. Subsequently, the support and maintenance for the systems will continue for five years.

In March, Pharmaniaga Logistics was awarded a concession agreement by MoH for medicine lab and store, with the right and authority to purchase, store, supply and distribute the approved products to public sector customers.

Pharmaniaga, 86.8% owned by Boustead Holdings Bhd, reported a net profit of RM40.22 million or 37.59 sen a share for the nine months ended Sept 30 on a turnover of RM1.15 billion. Both net profit and turnover had increased 23.2% and 15.1% respectively over the same period last year.

Boustead is in the midst of working out a solution to comply with the public spread requirement for Pharmaniaga.


This article appeared in The Edge Financial Daily, November 24, 2011.



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