VentureTECH Made a $5.1 Strategic Investment in Pharmaceutical Manufacturer Ain Medicare

Venture Tech Sdn Bhd has entered into a strategic collaboration via investment in Ain Medicare Sdn Bhd to increase the competitiveness of Ain Medicare in pharmaceutical industry by venturing into the manufacturing of higher value bio-based products. With approximately 1,200 employees, Ain Medicare is a now a leading producer of pharmaceutical and medical devices products such as parenterals, haemodialysis concentrates, peritoneal dialysis solutions and heparins for dialysis markets, with local market share of almost 40%. The persistence of Ain Medicare has received strong support from the Government particularly from the Ministry of Health, Ministry of International Trade and Industry as well as MIDA.

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