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Fastest Growing companies of Biotechnology in Thailand

25/09/24

By:

Anh Nguyen

Biotechnology conference

Here’s an overview of some of the fastest-growing companies in the biotechnology sector in Thailand:


1. Bangkok Dusit Medical Services (BDMS)
Website:
www.bdms.co.th
Headquarters: Bangkok, Thailand
Main Business: Healthcare services, with growing investments in biotechnology and personalized medicine
Growth Drivers: BDMS is expanding its biotechnology capabilities, particularly in genomics and personalized medicine, through partnerships with global biotech firms and investment in cutting-edge healthcare technologies.


2. BioNet-Asia Co., Ltd.
Website:
www.bionet-asia.com
Headquarters: Bangkok, Thailand
Main Business: Vaccine development and manufacturing
Growth Drivers: BioNet-Asia is gaining recognition for its innovative vaccines, particularly for diseases like pertussis and dengue. The company’s rapid growth is driven by international partnerships and increasing demand for its next-generation vaccines.


3. Betagro Group
Website:
www.betagro.com
Headquarters: Bangkok, Thailand
Main Business: Agribusiness, with significant investments in biotechnology for animal health and nutrition
Growth Drivers: Betagro is leveraging biotechnology to improve animal health and food safety. The company is expanding its biotech research and development, focusing on vaccines, probiotics, and advanced feed solutions.


4. Biolab Co., Ltd.
Website:
www.biolab.co.th
Headquarters: Bangkok, Thailand
Main Business: Pharmaceutical manufacturing, with a growing focus on biopharmaceuticals
Growth Drivers: Biolab is expanding its portfolio to include biopharmaceuticals, driven by increased demand for biologic therapies in Thailand and the broader Southeast Asian market.


5. Greater Pharma Manufacturing Co., Ltd.
Website:
www.greaterpharma.com
Headquarters: Bangkok, Thailand
Main Business: Pharmaceutical production, with a focus on integrating biotechnology for new drug development
Growth Drivers: Greater Pharma is focusing on expanding its biopharmaceutical capabilities, particularly in the areas of biosimilars and novel biologics, which are becoming increasingly important in the Thai healthcare market.


6. Thai Union Group PCL
Website:
www.thaiunion.com
Headquarters: Bangkok, Thailand
Main Business: Seafood processing, with growing investments in biotechnology for nutrition and health products
Growth Drivers: Thai Union is investing in biotechnology to develop new value-added products such as marine-derived nutraceuticals and functional foods, leveraging its expertise in seafood to expand into the health and wellness market.


7. Medigen Biotechnology Corp.
Website:
www.medigen.com.tw (Parent company in Taiwan)
Headquarters: Bangkok, Thailand (Regional operations)
Main Business: Biotechnology, focusing on vaccines and biopharmaceuticals
Growth Drivers: Medigen is expanding its presence in Thailand, driven by the demand for innovative vaccines and biopharmaceuticals, particularly in response to emerging infectious diseases.


8. Siam Bioscience Co., Ltd.
Website:
www.siambioscience.com
Headquarters: Bangkok, Thailand
Main Business: Biopharmaceuticals, focusing on biosimilars and innovative biologics
Growth Drivers: Siam Bioscience is rapidly growing its biosimilar portfolio and expanding its production capacity to meet the increasing demand for affordable biologics in Thailand and Southeast Asia.


9. Asian Phytoceuticals Public Co., Ltd. (APCO)
Website:
www.apco.co.th
Headquarters: Bangkok, Thailand
Main Business: Development of health supplements and nutraceuticals using biotechnology
Growth Drivers: APCO is growing quickly in the biotechnology sector by focusing on the development of innovative health supplements and nutraceuticals derived from natural ingredients, supported by biotech research.


10. Thailand Center of Excellence for Life Sciences (TCELS)
Website:
www.tcels.or.th
Headquarters: Bangkok, Thailand
Main Business: Biotechnology research and development, supporting the growth of the biotech sector in Thailand
Growth Drivers: TCELS is at the forefront of supporting biotech innovation in Thailand through funding, partnerships, and infrastructure development, driving growth in both startups and established companies in the biotech field.


These companies are rapidly growing in Thailand’s biotechnology sector, driven by innovation, strategic partnerships, and the increasing demand for biotech solutions in healthcare, agriculture, and nutrition. Their efforts are positioning Thailand as a significant player in the regional biotech industry.

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