MoH proposes immediate equitisation of three vaccine makers

October 27, 2014 | 15:22
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The Ministry of Health Portal has reported that the authority has asked the prime minister’s approval for the equitisation of three vaccine companies within this year, according to Dien dan Doanh nghiep (The Business Forum) online.


Pasteur Da Lat illustration photo

Accordingly, Nha Trang Biophaco Ltd., Pasteur Da Lat Vaccine Company Ltd., and Biophaco 1 Ltd. are awaiting the premier’s final decision on their restructuring plans.

Another two units, the Nha Trang Institute for Vaccines and Medical Biologicals and the Centre for Research and Production of Vaccines and Biologicals will be converted into the one member limited liability company model that will later become a joint stock company.

The ministry (MoH)’s proposal was issued at a conference on evaluating the restructuring of state-owned enterprises, held on October 21.

The MoH made the recommendation after conducting a comprehensive survey on the vaccine production units and found the decrease of their production while they still have great need of capital.

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