EdgeNewswire

Duopharma Biotech partners Owen Mumford to distribute medical devices

  • 3 min read
  • Duopharma Biotech Berhad

At a glance

Company
Duopharma Biotech Berhad
Announcement
Partnership
Location
Kuala Lumpur, Malaysia

Key figures

Diabetes prevalence among Malaysian adults in 2011
11.2%
Diabetes prevalence among Malaysian adults in 2019
18.3%
Malaysian adults expected to have diabetes by 2025
7 million
Projected diabetes prevalence in Malaysia by 2025
31.3%
Owen Mumford investment in Malaysia since 2015
nearly RM100 million

People

  • Datuk Wira Arham Abdul RahmanChief Executive Officer, Malaysian Investment Development Authority
  • Leonard Ariff Abdul ShatarGroup Managing Director, Duopharma Biotech Berhad
  • Ailsa TerryBritish High Commissioner to Malaysia
  • Shirley LohRegional Managing Director, Owen Mumford Sdn Bhd

Products and programs

  • Unifine and Pentips insulin pen needles
  • Unifine Pentips Plus insulin pen needles
  • Unistik 3 lancets
  • Unilet Excelite lancets
  • Autodrop eye drop guide

Malaysian pharmaceutical leader forms Exclusive Distributor partnership with global leader in medical device design and manufacturing, kicking off with a range of diabetes and eye care devices in Malaysia, Singapore and Brunei

KUALA LUMPUR, February 28, 2024 -- Duopharma Biotech Berhad ("Duopharma Biotech") via its subsidiary Duopharma Marketing Sdn Bhd has signed an Exclusive Distributorship Agreement with Owen Mumford Sdn Bhd, a subsidiary of UK-based medical device company Owen Mumford for the distribution of medical devices in Malaysia, Singapore and Brunei. As part of the inaugural agreement, Duopharma Biotech will distribute a range of diabetes care and eye care products, namely the Unifine® and Pentips ® and Unifine® Pentips® Plus insulin pen needles; Unistik® 3 and Unilet® Excelite lancets; as well as the Autodrop® eye drop guide, to government and private healthcare facilities, other patient care facilities and retail outlets, with potential expansion of the range of products distributed.

Datuk Wira Arham Abdul Rahman, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) congratulated Duopharma Biotech Berhad and Owen Mumford Sdn Bhd on the signing of their Exclusive Distributorship Agreement. " The alliance between Duopharma Biotech and Owen Mumford intergrates two pivotal sectors of healthcare - pharmaceuticals and medical devices. This integration showcases our dedication to improving healthcare access through innovative technologies, embodying our commitment to the wellbeing of our population." He further added, "The medical devices sector is prioritiesed in Mission 1 of the New Industrial Master Plan 2040, where the vision is to transform Malaysia into an innovation-driven manufacturing hub. It underscores the capacity building in the medical devices and pharmaceutical industries, by leveraging innovation and high-skilled talent to drive a high complexity economic agenda."

"Duopharma Biotech is delighted to have this opportunity to partner with Owen Mumford, a global leader in quality medical device design and manufacturing. Their innovative product range is certainly a great fit for our current offerings to patients, healthcare providers and carers. As a leading Malaysian healthcare company with a vision of 'Providing Smarter Solutions for a Healthier Life,' we believe that having greater access to quality medical devices can improve patient compliance to routine care procedures such as blood sugar testing and insulin injection among diabetics, thus leading to a better healthcare outcomes in the longer terms. This is especially important in light of the growing diabetes burden in Malaysia. Besides, this is also in line with our ESG focus on improving access to healthcare, whereby providing more options to patients means improving their ability to get the care that best suits their individual needs," sad Leonard Ariff Abdul Shatar, Group Managing Director, Duopharma Biotech Berhad.

The prevalence of diabetes among Malaysian adults has grown from 11.2% in 2011 to 18.3% in 2019, with the disease expected to affect 7 million Malaysian adults by 2025 at a prevalence of 31.3%.

The British High Commissioner to Malaysia Ailsa Terry added, "The coming together of Duopharma Biotech's pharmaceutical expertise and Owen Mumford's acute understanding of medical devices will benefit and support millions of people living with diabetes. This partnership represents what can be achieved when the very best from the UK and Malaysia join forces to support something that is incredibly important - the health and wellbeing of its people."

Founded in 1952 in the United Kingdom, Owen Mumford is a pioneer in medical design innovation that revolutionised diabetes care with the first injector pen, and currently has a wide product portfolio covering diabetes care, blood and patient specimen collection, point of care testing, neuropathy screening, ophthalmology care and sexual healthcare.

"Since Owen Mumford Malaysia began operations in 2015, we have focused on elevating healthcare through engagement with patients and healthcare professionals and tailoring medical devices to meet their needs, besides conducting ongoing education to ensure the correct usage of devices for optimal healthcare outcomes. We are committed to delivering innovative, high-quality products and have launched initiatives in the B40 demographic. With nearly RM100 million invested into our manufacturing facilities, operations and programmes in Malaysia since 2015, we aspire to continue serving as a source of advanced medical solutions in the country as well as the surrounding Asian region," added Shirley Loh, Regional Managing Director, Owen Mumford Sdn Bhd.

PLoS One. 2022; 17(1): e0263139, Prevalence of type-2 diabetes and prediabetes in Malaysia: A systematic review and meta-analysis

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8794132/#pone.0263139.ref012

If you detect any issues, problems, or errors in this press release content, kindly contact [email protected] to notify us (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). We will respond and rectify the situation in the next 8 hours.

In brief

Duopharma Biotech Berhad, through subsidiary Duopharma Marketing, has entered an exclusive distribution agreement with Owen Mumford Sdn Bhd. The arrangement covers medical devices in Malaysia, Singapore and Brunei, beginning with diabetes-care and eye-care products. The products will be supplied to healthcare facilities, patient-care facilities and retail outlets, with possible expansion of the range. Duopharma says the products complement its existing offerings and could improve access to devices used in routine care. The announcement also cites diabetes prevalence figures for Malaysia and includes comments from Malaysian and British officials supporting the partnership. Owen Mumford says it has invested nearly RM100 million in its Malaysian manufacturing facilities, operations and programmes since 2015.

Key takeaways

  • Duopharma Marketing signed an exclusive medical-device distribution agreement with Owen Mumford Sdn Bhd.
  • The agreement covers Malaysia, Singapore and Brunei, with an initial focus on diabetes and eye-care devices.
  • Products are intended for healthcare and patient-care facilities, as well as retail outlets.
  • Owen Mumford says it has invested nearly RM100 million in Malaysia since 2015.

Earlier from Duopharma Biotech Berhad

  1. Duopharma Biotech ends FY2023 with a marginal increase in revenue
  2. Duopharma Biotech partners with Tourism Malaysia to boost immunity among travellers
Back to News Center
EdgeNewswire

EdgeNewswire distributes your news to a targeted and established network of journalists and media outlets. We help build visibility and credibility for your organization and brand through trusted media coverage.

Copyright © 2024 - 2026   EdgeNewswire – Cutting Edge Press Release Distribution Services. All Rights Reserved.