Top Pharmaceuticals Companies in Thailand

The Pharmaceuticals industry in Thailand is a critical sector that has played a significant role in promoting public health and driving the country's economic growth. In 2022, the industry continued to show strong growth, with key statistics indicating its importance to the country's overall economic health.

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CompanyHeadcountContactDescriptionDecision Maker
PACIFIC HEALTHCARE GROUP252 +66 87 744 1883
info@phc.co.th

Pacific Healthcare Group was created in 1961 by Founder the late Frits Buhrman. Founders son, Owner and Chairman, Mr Cyrille Buhrman continued the Founders work, which has enabled a one stop solution to all facets of medical & pharmaceutical needs and services. Since 2007, Pacific Healthcare Group has rapidly expanded throughout Southeast Asia. This not only enable us to access a market of over 600 million people, it also allows our partners to offer their products more efficiently across the Southeast Asia region. Beginning in Thailand, Pacific Healthcare has and is constantly growing to help more people over the Southeast Asia region. Within Pacific Healthcare we offer an easily understandable sales and marketing information. Helping our business partners and customers attain their full potential within the South-East Asian market, which can be delivered through the help of our team. Through our reliable services, market access, product training and industry education, Pacific Hea…

COLOSSAL INTERNATIONAL CO., LTD.71 +66 2 683 5706
info@cclcolossal.com

Colossal International Co., Ltd. operates as sole agent for a number of specialty chemical producers from Europe, USA, Australia, Japan, China and India and the industries that we serve cover the following: paints and coatings, inks, plastics, rubber, building and construction, animal feed, agriculture, home and personal care, cosmetics, food and pharmaceuticals, metal working fluids, lubricating oils, textile, pulp and paper, ceramics and enamels, leather, glass, petroleum, electroplating, water treatment and sugar refinery.

UNION MICRONCLEAN CO., LTD.9 +66 2 710 7786
info@unionmicronclean.com

Union Micronclean is a joint venture company manufacturing top quality cleanroom garment in Thailand. We combine the strength of our shareholders: Saha Union PLC as manufacturer of a variety of top quality products for leading brands in the world, Alsico as Europe’s leading manufacturer of cleanroom garments and Micronclean as world market leader in cleanroom decontamination services. Listening to the cleanroom garment end-users and understanding their needs enables us to respond quickly to our customers demand for particle barrier, ESD, durability, comfort and cost demands. Union Micronclean is making the highest quality cleanroom garment in the world. Leading Japanese and American micro-electronics, HDD, automotive, and pharmaceutical companies are our customers today. Our products are especially designed to processes essential properties such as: filtration, air permeability, anti-electrostatic, quality and strength. We are proud that our product is durable and is able to withstan…

DOMNERN SOMGIAT & BOONMA (DS&B)28 +66 2 639 1956
mail@dsb.co.th

Founded in 1947, we are a leading intellectual property law firm in Thailand who strongly believe in human intelligence. As an institution thriving over generations, we have built up exceptional expertise in order to maintain long lasting relationship as a trusted partner of our clients who come from many industries, including the pharmaceutical, food and beverages, IT, banking, automotive, construction, and real estate sectors. We consider ourselves an integral part of your team, supporting you through the inevitable ups and downs of entrepreneurship and growth. Our purpose is not just to obtain a registration certificate but to secure true protection which can strongly stand a challenge and be effectively enforced against sophisticated infringement. Seeing an IP as interdisciplinary, we gather unique combination of diverse expertise consisting of litigators, legal consultants, trademark attorneys, patent attorneys, and specialized technicians across all scientific fields collaborat…

GOLDEN CUP PHARMACEUTICAL (GCP THAILAND)7 +66 2 191 8756
info@goldencup.co.th

Established in 1950, Golden Cup Pharmaceutical Co., Ltd. is among Thailand’s leading manufacturers. For over 70 years, Golden Cup Pharmaceutical Co., Ltd. has served Thailand with our very well recognized Golden Cup Balm but also with a number of modern pharmaceutical products under Golden Cup trademark. Golden Cup Pharmaceutical Co., Ltd. now employs more than 150 employees and is now having its production capability increased under GMP PIC/S standard. Since 1970, Golden Cup Pharmaceutical Co., Ltd. products have been exported to many countries. Golden Cup Pharmaceutical Co., Ltd. products, especially the Golden Cup Balm, can be found in major Asian markets across the world. In modern medicine balm market, Golden Cup is the leader in mentholated ointment, it is undeniably the strongest brand in its segment in Thailand.

BERTRAM (1958) CO., LTD.33
corporate@bertram1958.com

Bertram (1958) Co., Ltd. is the brand owner and manufacturer of pharmaceutical and wellness products under the brands Siangpure, Peppermint Field and Urban Mint. We believe that we are a part of a larger society and everyone is born to do good. Thus, we choose to only create high quality products and be a truthful and honest partner for our customers all the while continuously giving back to our community. We believe that ‘what is good for us is good for you too.’ We also own and operate Bertram Family Park, a family friendly community that includes a mountain bike park, a European-Fusion restaurant, and dog yard namely Peppermint Bike Park, Mint Cafe and Mint Dog Yard respectively. Through all of the company’s efforts, Bertram (1958) Co., Ltd. is committed to “Building a Stronger Community for All”

ACLIRES BANGKOK LTD.,12 +66 2 412 1315
info@aclires.com

Our vision is to conduct clinical trials better and more cost effectively than anyone else. We accomplish this by working with our clients to not only deliver the clinical trial effectively, on time and within budget, but also by leveraging our in-depth expertise to ensure the clinical trial is properly designed. We believe there is increasing need for innovation, creativity and scientific expertise in clinical research, characteristics often synonymous with small Biopharma and hence, though we are proud to have a number of the world’s largest pharmaceutical companies as our clients, greater than 80% of our client portfolio is small Biopharma. ACLIRES has performed trials for an international array of biotech companies as well as for some of the largest global pharmaceutical companies. With our broad access to patients and expertise, our aim is to rapidly initiate our client’s studies, even when a very special patient population is required. Our services include: - Early Phase Studi…

G HWA INDUSTRIES CO., LTD.7
info@ghwa.com

Since it was established in 2005, G HWA has developed a global reputation as a trusted manufacturer of high-quality hygienic stainless steel process components for the dairy, food and beverage, cosmetics, pharmaceutical and semiconductor industries. The success of G HWA is built on a synergized collaboration between experts from all aspects of the hygienic stainless steel manufacturing process. Bringing together highly-experienced specialists in product development and design, production management, and quality control, years of hands-on experience in the development, design and manufacture of stainless steel fittings, valves and other equipment has been key to the satisfaction of an ever increasing portfolio of long-term customers around the world. G HWA Business Philosophy - Long-term Vision and Plan - Building Quality into all Aspects of Our Business - Keeping Communication Channels Open G HWA Core Values - Integrity - Commitment - Trust At G HWA, we believe that success is not…

MEDIS CORPORATION2 +66 2 001 0841
contact@mediscorp.com

MEDIS provides a 24/7 medicine dispenser platform through vending machines which equipped with innovative technology

CREATION CENTER CO., LTD.8 +66 2 591 1450
info@creationcenter.co.th

Founded in 1974, Creation Center is a distinguished original equipment manufacturer and global leader in water and wastewater treatment systems. We also serve as a distributor for cutting-edge engineered products. Our expert team designs, constructs, operates, and supports water treatment plants across Thailand and Southeast Asia. Our distribution division supplies state-of-the-art water treatment products for water purification and wastewater treatment processes. As an engineering-driven company, we have been dedicated to fulfilling our clients water needs for over four decades. We take pride in our extensive experience, serving a diverse range of global and regional clients across industries such as electronics manufacturing, energy, electrical power generation, food and beverage, chemicals, petrochemicals, mineral processing, pulp and paper, refineries, hotels and hospitals, pharmaceuticals, coatings, cosmetics, and more. At Creation Center, our highly skilled team manages every s…

ULTIMATE TALENT CONSULTING (UTC) RECRUITMENT4 +66 2 119 7208
contact@utcthailand.com

Ultimate Talent Consulting (UTC) Recruitment was founded by experienced recruitment consultants who have 10 years experience in this industry. Our consultants hold some of the most widely recognized recruitment credentials in the industry. We are specializing in helping companies find and hire the best talent in:- - Finance & Accounting across industries - Supply Chain & Procurement across industries - Sales & Marketing in Pharmaceutical, Medical Devices & FMCG industries. - IT & Technology across industries We work mainly with medium to large multi-national companies and some of the large-sized local organizations.

MOR CORPORATION14 +66 2 862 3382
contact@mor.company

Mor Corporation builds software that powers the healthcare industry. Our clients include leading public and private hospitals, pharmaceutical and medical supplies manufacturers, as well as leading health foundations. Our company has three guiding principles that differentiate us from most other firms in building effective software for the healthcare sector. 1. Clinicians-focused Analysis 2. Build Comprehensive Platforms 3. Leverage Data Science & Machine Learning

BATCHLINE15 +66 2 630 4525
info@batchline.com

We build ground breaking modern software applications for GMP regulated manufacturers. BatchLine is a first of its kind cloud Electronic Batch Record (EBR) designed specifically for pharmaceutical, supplements, herbal medicines, food, and cosmetics manufacturers. It brings the tools and benefits of a traditional EBR system at a fraction of the cost, using the latest technology and simplified web native design.

OLIC (THAILAND) LTD.57 +66 35 221 030
contactus@olic-thailand.com

OLIC (Thailand) Limited is the largest provider of contract manufacturing services for pharmaceutical, healthcare, confectionary and supplement industries in Thailand and South-East Asia. OLIC was founded in 1984 Due to its growth and expansion, a new manufacturing plant was built and commissioned in 1997, located in Bangpa-In Industrial Estate, Ayutthaya, on 80,000 sqm of land owned by OLIC. OLIC has cultivated successful partnerships that last. The company is a trusted partner of more than 30 multinational companies, including most of the Big Pharma organisations. The OLIC Manufacturing facility complies to GMP requirements to the PIC/S guide for Good Manufacturing Practice for Medicinal products. Products made by OLIC are serving not only markets in Thailand and South-East Asia, but also Japan, Australia, US, and Europe.

JEBSEN & JESSEN INGREDIENTS202 +66 2 787 8787
per_magnusson@jjsea.com

We promote and distribute chemical and life science ingredients for multiple industrial and manufacturing applications. Our local-language technical sales and customer service staff connect technology from more than 175 technology partners to more than 4,000 customers across South East Asia and China. In business for over 50 years, we operate six regional business lines: Coating & Resins, Plastics & Rubber, Performance Chemicals, Feed, Food, and Pharmaceuticals & Personal Care. Our country and regional industry experts continuously update customers and partners with market intelligence and trends. Company facts - Direct presence in 8 countries, including emerging markets, with local-language technical sales and customer service staff at 17 locations - Locally present and regionally integrated distribution partner, with regional technical sales and distribution network covering all of South East Asia and China - World-class, certified warehouses in each market - 600m² of regional inno…

ARCADIA ENGINEERING (THAILAND)19 +66 2 108 1822
mkt@arcadiaengineeringgroup.com

Arcadia (Thailand) is an international profession services firm providing engineering design, procurement, project and construction management services for all aspects of the built environment.

SPECIALTY NATURAL PRODUCTS11 +66 86 307 3610
sales@snpthai.com

Specialty Natural Product Co., Ltd. is one of the leading manufacturers of standardized Thai botanical herbal extract to the world’s pharmaceutical, dietary supplement, nutraceutical, functional food, and cosmetic industries. SNP at the same time provides innovative semi-formulations to cosmetics manufacturers. SNP is recognized by Thailand’s Board of Investment as a prototype of a brand new industrial sector concerned with the production of medicinal plant-based extracts, using the most available advanced production techniques. During the past few decades, plant-based extracts have been manufactured via improvised craft techniques. As a result, products are varied from batch to batch, location to location, and season to season. Thus, it is now possible to produce botanical ingredients to an astonishing degree of standardization, reliability, and efficacy. For the first time, assured supplies of active ingredients at specific concentrations and clinical efficacy are available to wholes…

PPP GREEN COMPLEX26 +66 32 909 611
info@pppgc.co.th

PPP Green Complex Company, the 1st fully integrated palm complex, providing integrated renewable products, for the community and the environment. As Thailand’s 1st comprehensive oil well situated in the province of Prachuap Khiri Khan, PPP Green Complex uses locally sourced palm harvested from farmers to produce crude palm oil (CPO), the main raw material for producing edible vegetable oil as well as biodiesel, to support the Thai Government’s renewable energy initiative. By-products produced such as biomass and waste water is used to produce electricity as well as biogas to generate energy for the plants internal consumption, and palm kernel oil and glycerin is used for pharmaceutical and cosmetics products. A truly zero waste palm complex, Thailand’s 1st comprehensive oil well

BIOVALYS CO., LTD.29 +66 2 361 8116
info@biovalys.com

Biovalys is a biopharmaceutical company specialized in vaccine and biological product supply and services in Thailand and ASEAN countries. Our company is led by a management team with decades of experience in vaccine business. Our collaboration with a network of companies specialized in the development, production and distribution of vaccines also ensures us access to a broad range of vaccines through an efficient delivery service. Biovalys is dedicated to excellence in providing vaccines and biological products and services that exceed the expectations of healthcare providers.

BETAGRO GROUP1,062 +66 2 833 8000
contactcenter@betagro.com

Betagro Public Company Limited is a leading integrated agro-industrial and food company in Thailand. Our business covers the production and sale of animal feed, animal pharmaceuticals and supplements, livestock, swine and poultry products, eggs, related processed food products and pet food, distribution of farm equipment and related research and development. We have a vertically integrated business model that covers many aspects of the value chain for our products, from feed production, growth and sale of broodstock, commercial farming, slaughtering and processing to sales. Our efficient, high-standard production and food processing facilities, research capabilities and internal systems which monitor and control each stage of the food value chain, allow us to effectively control quality and manage costs. In addition, we are committed to producing high quality and safe products and have implemented strict biosecurity and quality control measures, guided by recognized international s…

Top Pharmaceuticals Companies in Thailand

Key Statistics from 2022

In 2022, Thailand's GDP growth rate was projected to be around 4.7%, driven by strong performance in the Pharmaceuticals, services, and manufacturing sectors. The Pharmaceuticals industry alone is estimated to have contributed approximately 1% to the country's GDP. Moreover, the sector employed around 50,000 people, making it a significant contributor to the country's overall employment figures.

Factors Contributing to Growth and Success

The Pharmaceuticals industry in Thailand has been buoyed by a number of factors, including government initiatives aimed at promoting public health and attracting foreign investment, as well as the country's strategic location and well-developed infrastructure.

The Thai government has been actively promoting public health and attracting foreign investment through various initiatives, such as the "National Strategic Plan on Pharmaceuticals" and the "Thailand 4.0" policy. Moreover, the government has also introduced various incentives to encourage investment in the industry, such as tax breaks and streamlined approval processes.

Additionally, Thailand's strategic location and well-developed infrastructure, including its deep-water ports and modern transportation systems, have made it an attractive destination for Pharmaceuticals companies looking to establish operations in the region.

Industry Growth and Comparison to Previous Years

The Pharmaceuticals industry in Thailand has demonstrated strong growth in recent years, with the sector expanding by an average of 5.5% per year between 2016 and 2020. In 2022, this growth rate was projected to increase to 6%, driven by continued investment in the industry and rising demand for healthcare products and services across the region.

Moreover, the industry has shown resilience in the face of the COVID-19 pandemic, with Pharmaceuticals companies continuing to invest in the country despite the challenging business environment. This can be attributed in part to the sector's strong ties to the broader economy, as well as the government's ongoing commitment to promoting public health and attracting foreign investment.

Key Trends

The Pharmaceuticals industry in Thailand is also being shaped by a number of key trends, including the increasing adoption of new technologies and the growing demand for personalized medicine and other innovative healthcare solutions.

One of the most significant technological disruptions in the sector has been the adoption of digital technologies, such as telemedicine and electronic health records, aimed at enhancing the efficiency and effectiveness of healthcare delivery. Moreover, the industry has also seen increased use of biotechnology and gene editing technologies aimed at developing more targeted and personalized treatments.

In addition to these technological trends, the Pharmaceuticals industry in Thailand is also being shaped by growing demand for sustainable practices and solutions, including the adoption of circular economy principles and the promotion of sustainable supply chain practices.

Challenges

Despite the positive trends in the Pharmaceuticals industry in Thailand, the sector still faces a number of challenges. One of the most significant of these is the ongoing impact of the COVID-19 pandemic, which has disrupted supply chains and resulted in increased production costs.

Moreover, the industry also faces challenges related to the need for digital talent and the need to address environmental impacts, such as reducing greenhouse gas emissions and promoting sustainable practices.

Future Outlook

Looking ahead, the future outlook for the Pharmaceuticals industry in Thailand is generally positive, with continued growth and investment expected in the years to come. By addressing the challenges facing the sector and embracing innovative practices and technologies, the industry can ensure its long-term success and contribute to a more prosperous and sustainable future for Thailand.

To address the challenge of digital talent shortages, the Pharmaceuticals industry in Thailand will need to focus on investing in training and development programs for its workforce, as well as exploring new recruitment channels and partnering with educational institutions to promote careers in the industry.

In terms of sustainability, the industry will need to continue to innovate and adopt new practices and technologies aimed at reducing its environmental impact. This may include the use of renewable energy sources, the promotion of sustainable practices for waste management, and the adoption of circular economy principles.

Moreover, the industry will need to work closely with government and other stakeholders to develop policies and regulations that promote sustainable practices and address the sector's environmental impact.

Conclusion

Overall, the Pharmaceuticals industry in Thailand is a vital and growing part of the country's economy, and is likely to continue to play an important role in the years to come. By addressing the challenges facing the sector and embracing innovative practices and technologies, the industry can ensure its long-term success and contribute to a more prosperous and sustainable future for Thailand.

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By Melissa Goh
Published on 29 May 2023