Companies seeking to grow the Asia Pacific (APAC) market share through growth and innovation are attracted to Singapore as a pharmaceutical science hub. Compared to SGD6.2 billion in 2019, the pharmaceutical industry in Singapore contributed about SGD8.5 billion to Singapore’s Gross Domestic Product (GDP) in 2020. This article consists of the 10 top pharmaceutical companies in Singapore.
Amgen
Patients suffering from serious illnesses benefit from Amgen’s discovery, development, manufacturing, and delivery of innovative therapeutics.
Singapore’s Best Employers 2021 list ranked Amgen Singapore 21st out of 200 companies, and it ranked first in the Healthcare Equipment & Services category due to establishing an Amgen manufacturing facility in 2014. Therefore, it is one of the best pharmaceutical company in Singapore.
Abbott
An essential pharmaceutical company in Singapore is Abbott, which offers a wide range of diagnostic tools, nutritional products, medical devices, and branded generic pharmaceuticals designed to help people live healthier lives.
A toolkit available at Watsons and Guardian stores in Singapore, ‘Panbio Covid-19 Antigen Self-Test’ is an example of one approved by the Health Sciences Authority (HSA) in light of the pandemic.
GlaxoSmithKline (GSK)
GSK Singapore (GSK) was the first global healthcare company to establish a presence in Singapore, with its regional headquarters in Emerging Markets and APAC pharmaceutical and consumer health businesses. In addition, the company has two international manufacturing supply sites in Singapore, as well as a vaccine manufacturing site.
An advanced purchase agreement has been signed between the Ministry of Health (MOH) and GSK and Vir Biotechnology to acquire their antibody drug to treat Covid-19. As a result, it is expected that healthcare institutions will be able to access sotrovimab by September, assuming there are no unforeseen delays.
AstraZeneca
An international biopharmaceutical company based on science, AstraZeneca is primarily involved in discovering, developing, and commercializing prescription medicines for oncology, cardiovascular diseases, renal and metabolic diseases, and respiratory and immune diseases.
From October 2020 to September 2021, AstraZeneca Singapore was certified as a nice place to work and learn. Most AstraZeneca Singapore employees report that the company is a great place to work. AstraZeneca, Johnson & Johnson, Sinopharm, Sinovac, and Covishield are five additional vaccines approved under the World Health Organization’s (WHO) Emergency Use Listing (EUL) and Pfizer and Moderna vaccines widely used in Singapore.
Johnson & Johnson
With its Leadership Lab, Design Lab, and Johnson & Johnson Human Performance Institute, the complex in Singapore’s Science Park will inspire innovative ways of working in the field and strengthen collaborations with partners across the entire healthcare ecosystem, from government bodies to healthcare agencies to academic institutions.
Through the support of the EDB for talent development, Johnson & Johnson Vision has developed an integrated eye health ecosystem to meet eye health needs at every life stage.
Hyphens Pharma
Hyphens Pharma sells and markets innovative medical and pharmaceutical products in selected ASEAN countries. The distribution is done through exclusive distributorships and licensing and through supply agreements with brand principals, primarily from Europe and the United States. and American brand principals.
As one of Singapore’s early adopters of e-commerce before the pandemic, Hyphens Pharma International has since expanded its online marketing and sales efforts.
With sales and marketing efforts, the company pushed its brands Cerdan, Ocean Health, and Sterimar onto e-commerce platforms such as Lazada, Shopee, Qoo10, and Amazon.
Medtronic
Every year, Medtronic improves the health of millions of people through medical technology, services, and solutions.
Medtronic has two innovation centers, two manufacturing operations, 16 distribution centers, and two R&D centers in APAC, one of its fastest-growing regions.
A partnership between Medtronic and Statis Health, an Indian unit of Stasis Labs, will promote a bedside patient monitoring system. Remote monitoring is possible across devices due to the cloud-connected app and a tablet that tracks six vital signs.
Lonza
Through technological insights, world-class manufacturing, scientific expertise, and process excellence, Lonza Singapore helps its customers develop new and innovative medicines that treat a variety of ailments.
They manufacture biopharmaceutical products using mammalian cell culture at their Tuas facility. A monoclonal antibody (mAb), a cellular therapeutic, and another recombinant protein are all included in this category.
Novartis
Through science-based innovation, Novartis is dedicated to improving and extending people’s lives in healthcare. Singapore was the first country to launch Novartis Biome Singapore in early 2021. With this hub, Novartis will manage partnerships with innovators, digital health start-ups, and thought leaders in the APAC, Middle East, and Africa region.
In addition, they’ve launched the Biome Fellowship Program, an early-stage incubation program for best-in-class ventures. Hence, it is the largest pharmaceutical company in Singapore.
MSD (also known as Merck outside of the US and Canada)
MSD’s mission has been to save and improve lives for 130 years by developing medicines and vaccines for some of the world’s most challenging diseases.
Implementing far-reaching policies, programs, and partnerships improves access to health care for patients and the population.
Merck is developing molnupiravir, an anti-COVID drug, in collaboration with Ridgeback Biotherapeutics to be at the forefront of research. In phase 3, the researchers examine whether the drug can prevent infection in those living with someone who has COVID-19.
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