MEHO Plans to Divest Consumer Health Business
By : Hariyanto And Aldi Firhand. A | Friday, September 08 2017 - 22:01 IWST
Merck Holding (MEHO) -ist
INDUSTRY.co.id - Jakarta - Merck Holding (MEHO) says it is considering options for its consumer health businesses.
"These strategic options include the possibility of selling, all or part of the business, as well as opening the option of establishing strategic partnerships," said President Director Martin Feulner through the IDX information disclosure on Friday (8/9/2017).
Merck KGaA believes in the plans of these options to support the focused development of its consumer health efforts. "To disclose soon after the completion of the transaction," he continued
MEHO is the controlling shareholder of PT Merck Tbk., MEHO is 100% owned by Mereck KGaA.
This pharmaceutical issuer recorded sales during the first quarter of this year amounting to Rp316.33 billion. This figure rose 3.38% compared to the same period last year of Rp305, 96 billion.
The sales support is Biopharma's pharmaceutical product of Rp111.87 billion. Also contributed by the sale of consumer health pharmaceutical products Rp180, 80 billion and other sales Rp23, 66 billion.
Read Also
Minister of Industry: Petrochemical Industry Has Important Role Reduce…
Ministry of Industry Continues to Spur Development of Chemical Sector…
Merck Targets Consumer Health Divestment Completed in Q4 2018
Pharmaceutical Industry Stricken Due to the weakening of the Rupiah…
Minister of Industry: Petrochemical Industry Improving Domestic Investment
Today's Industry
Senin, 16 Juli 2018 - 21:41 WIB
Sign MoU, RI-India Palm Oil Industry Agreed on Sustainable Development
Monday (16/7/2018) has signed Memorandum of Understanding (MoU) between Indonesian Palm Oil Board (DMSI), India Solvent Extractors Association (SEA), and Solidaridad Network Asia Limited (SNAL)…
Senin, 16 Juli 2018 - 21:39 WIB
Mobil Lubricants Launches Latest Product For Two Wheel Vehicles
Mobil Lubricants launches the latest high-performance oil products for two-wheeled vehicles, Super Moto Cars formulated using the latest oil technology that uses a unique blend of high-quality…
Senin, 16 Juli 2018 - 21:38 WIB
Indef Estimates Trade Balance June 2018 Surplus Up to US $ 600 Million
Institute for Development of Economics and Finance (Indef) estimates the trade balance in June 2018 to surplus US $ 400 million - US $ 600 million Surplus is expected to occur due to long holiday…
Senin, 16 Juli 2018 - 21:36 WIB
Until June 2018, Wika Beton Records Total Contracts Reach Rp8, 45 Trillion
PT Wika Beton Tbk recorded total contracts to be handled (carry over) in the first six months of this year has reached Rp8, 45 trillion.
Senin, 16 Juli 2018 - 21:34 WIB
Air Asia Purchases Airbus Plane Rp 330.7 Trillion
Airbus SE is reportedly approaching an aircraft sales agreement worth US $ 23 billion or equivalent to Rp 330.74 trillion to AirAsia Group. The Malaysian airline has been the second largest…
News Comment