Blockchain Press Releases
Frost & Sullivan Awarded Duopharma Biotech with the 2022 Malaysian Company of the Year Award
Duopharma Biotech is the first pharmaceutical company to offer biosimilar products in the Malaysian market.
SAN ANTONIO, July 27, 2023 /PRNewswire/ — Frost & Sullivan recently researched the Malaysian biosimilars industry and, based on its findings, recognizes Duopharma Biotech Berhad (Duopharma Biotech) with the 2022 Malaysian Company of the Year Award. Duopharma Biotech delivers accessible and affordable healthcare to the Malaysian population by leveraging biosimilars, which are scientifically approved alternatives to drugs derived from biological sources.
Biosimilars typically cost between $100 million and $200 million to develop, while original drugs cost around $2.6 billion and take over a decade of testing. Consequently, biosimilar drugs are more affordable for Malaysian patients and are a cost-effective alternative to original drugs.
Healthcare professionals and patients benefit from Duopharma Biotech’s products because its biosimilars are an excellent choice for managing diabetes, cancer, and renal anemia. For medications to remain affordable, the company commercialize a wide range of biosimilars, such as Zuhera and Krabeva for cancer treatment and ERYSAA®, a biosimilar of Epoetin Alfa, for dialysis patients. These products position Duopharma Biotech as a leading supplier of biosimilars in Malaysia and in the Association of Southeast Asian Nations (ASEAN). Erysaa has also been successfully registered and commercialised in the Philippines.
“One of Duopharma Biotech’s competitive advantages in ASEAN is its uniquely diverse product portfolio, which allows it to compete with other market participants. Duopharma Biotech has launched biosimilars Zuhera and Krabeva for the Cancer Care Franchise as well as Insugen and Basalog One for the Diabetes Care Franchise. In addition, Duopharma Biotech’s first biosimilar ERYSAA® received its Halal certificate from the Korea Muslim Federation (KMF) in 2020 and 2021. It is the world’s first Halal-certified biosimilar used for dialysis patients,” said Dr. Maeirah Ashaie, Best Practices Research Consultant at Frost & Sullivan.
An increase in sales in 2021 supports the popularity and competitiveness of Duopharma Biotech biosimilars in the market. ERYSAA®‘s performance was impressive since its sales increased by 52%, with dialysis centers and hospitals prescribing ERYSAA® for patients in approximately 49% of cases.
This exceptional financial performance is due to Duopharma Biotech’s commitment to delivering high-quality products and services that exceed customers’ expectations and meet local and international regulatory requirements. Throughout the quality policy, the company is fully committed to understanding and meeting customer needs with superior customer service.
“Duopharma Biotech’s quality policy outlines its commitment to building trust by offering products and services that satisfy customers’ expectations and comply with local and overseas regulatory and quality requirements. The quality policy requires Duopharma Biotech to understand and fulfill customer requirements, provide a high standard of service to internal and external customers, continuously engage and delight customers and stakeholders, and improve processes, products, and services continuously,” noted Ashaie.
Each year, Frost & Sullivan presents a Company of the Year award to the organization demonstrating excellence in growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies and the resulting leadership in customer value and market penetration.
Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.
Contact:
Tammy Chan
[email protected]
About Duopharma
Duopharma Biotech Group (“Duopharma Biotech” or “the Company”) began with the establishment of Duopharma (M) Sendirian Berhad in 1978. Duopharma Biotech was incorporated in 2000 and is today one of Malaysia’s leading pharmaceutical companies listed on the Main Market of Bursa Malaysia Berhad.
Duopharma Biotech has core competencies in the pharmaceutical industry inclusive of Manufacturing, Research & Development, and Commercialization & Marketing of over 300 generic drugs such as Crystorvas, Prelica, and Omesec as well as Consumer Healthcare (“CHC”) products including CHAMPS®, FLAVETTES®, PROVITON®, and Uphamol, which are well-recognized and accepted by consumers in Malaysia, regionally and globally. The Company has also diversified into the biosimilars space with technology and commercialization collaborations with credible and strong international partners. ERYSAA®, Basalog One®, and Zuhera are a few commercialized biosimilar brands.
Headquartered in Kuala Lumpur, Malaysia, Duopharma Biotech owns and operates three manufacturing plants in Klang, Bangi, and Glenmarie, Selangor. Duopharma Biotech also has subsidiary companies in the Philippines, Singapore and Indonesia.
Website: www.duopharmabiotech.com
Logo – https://mma.prnewswire.com/media/2160953/Duopharma_Biotech_Berhad_Biosimilars_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/frost–sullivan-awarded-duopharma-biotech-with-the-2022-malaysian-company-of-the-year-award-301886072.html
Blockchain Press Releases
Modern Lion and Hyundai Card Partner with NEAR Protocol to Revolutionize Concert Culture with Web3 Integration
- ‘Modern Lion’ Set to Launch KONKRIT and Ticketing Services on NEAR Protocol
- Accelerating Collaboration in the Korean and Global Markets by Integrating Web3 Technology into Concert Culture
- Co-hosting the Closing Party of Web3 Global Conference REDACTED 2024
SEOUL, South Korea, Nov. 7, 2024 /PRNewswire/ — Modern Lion and Hyundai Card have joined NEAR Protocol, a global Layer 1 blockchain platform forming a strategic partnership to advance Web3 integration in the concert culture.
Through its NFT platform KONKRIT, Modern Lion addresses ticket scalping—a priority identified by Hyundai Card—by providing a secure, NFT-based ticketing solution. This partnership will expand Modern Lion’s NFT-based ticketing solution on NEAR Protocol, improving security and transparency in ticketing.
Modern Lion has been promoting a healthier concert and show culture through NFT ticketing, successfully preventing scalping at events such as the ‘Hyundai Card Curated 92: Jang BEOM-JUNE’ concert and the immersive cultural experience ‘DaVinci MOTELl’ at Itaewon area, Seoul. With NEAR Protocol’s speed, security, and scalability, Modern Lion is ready to make significant strides in the global market.
The collaboration will focus on supporting Hyundai Card’s event ticketing through NFTs, activating the NFT marketplace, and advancing NFT projects on KONKRIT. Additionally, the partnership will include co-hosting events, joint marketing initiatives, and building brand recognition while strengthening industry networks.
Duhee Lee, CEO of Modern Lion, stated, “This partnership marks a significant step in revolutionizing concert and show culture, blending convenience and security through NFTs and blockchain. By offering NFT tickets and membership services, we will enhance audience experiences and foster transparency in the entertainment industry.” He added, “We aim to grow with the NEAR ecosystem and become a globally recognized blockchain company.”
Illia Polosukhin, CEO of the NEAR Foundation, highlighted, “Korea is one of the centers for real world adoption of blockchain technology and we are excited that NEAR will partner with Hyundai Card and Modern Lion to provide scalable infrastructure and chain abstracted user experiences.”
Modern Lion will also co-host the closing party for the Web3 global conference REDACTED 2024. CEO Duhee Lee will present alongside leading figures from Dragonfly Capital, Pantera Capital, and Edward Snowden, further cementing Modern Lion’s role in the global Web3 arena.
Press Contacts:
Luis Shin / Manager
NEAR Korea
[email protected]
About the NEAR Protocol
NEAR is a highly performant, scalable layer one blockchain and ecosystem with tens of millions of monthly active users leading Web3 in consumer app adoption, Chain Abstraction, and User-Owned AI.
For more information, please visit: https://near.org
About NEAR Korea
NEAR Korea manages the business development for NEAR Protocol in Korea and Asia. Its activities include supporting NEAR Protocol projects, fostering developer communities, and driving marketing and branding efforts.
For more information, please visit: https://nearkorea.org/
About Modern Lion
Modern Lion is a blockchain-focused company founded in June 2022. It aims to make blockchain accessible through its NFT marketplace, KONKRIT, which focuses on practical applications like NFT tickets and memberships. By lowering barriers to blockchain adoption, Modern Lion positions itself as an innovative leader in integrating blockchain technology into everyday life.
For more information, please visit: https://modernlion.io/
Photo – https://mma.prnewswire.com/media/2550992/Hyundai_Card_x_NEAR_Protocol_x_Modern_Lion.jpg
View original content:https://www.prnewswire.co.uk/news-releases/modern-lion-and-hyundai-card-partner-with-near-protocol-to-revolutionize-concert-culture-with-web3-integration-302298746.html
Blockchain
Eric Trump to Speak at Bitcoin’s largest conference in Abu Dhabi this December
The post Eric Trump to Speak at Bitcoin’s largest conference in Abu Dhabi this December appeared first on HIPTHER Alerts.
Blockchain Press Releases
KuCoin’s GemPool Welcomes PiggyPiggyCoin – Stake, Play and Earn
VICTORIA, Seychelles, Nov. 6, 2024 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is thrilled to announce its new addition to GemPool – PiggyPiggyCoin (PGC), the pioneering workplace simulation and social game token on Telegram & TON.
KuCoin’s GemPool is a unique platform that facilitates early access to promising crypto projects by enabling users to stake tokens for farming new project tokens. This innovative approach allows users to leverage their existing crypto holdings to earn rewards, enhancing their engagement with the evolving crypto market. The platform supports a variety of tokens, offering flexible staking options without lock-up periods, which ensures that users can adapt their strategies in response to market conditions. Check the GemPool tutorial here.
PiggyPiggyCoin introduces an engaging game environment where players can employ magical cards to influence gameplay, enhancing interactive dynamics within the blockchain space. The native token $PGC will be fully unlocked at TGE, offering transparent and immediate utility for users.
Beginning November 6, 2024, KuCoin’s GemPool will open for users to stake USDT, KCS, and PGC, allowing them to farm PGC tokens. This strategic initiative not only promotes the new token but also illustrates the unique opportunities that GemPool offers to users wanting early access to exciting new tokens.
Following its presence on GemPool, the PGC listing is scheduled for November 12, 2024, at 12:00 UTC, with trading and withdrawals available shortly after. In addition to regular staking rewards, participants in the GemPool campaign can earn up to a 20% bonus depending on their VIP status and performance in various interactive quizzes and engagements. This is part of KuCoin’s effort to enhance user engagement and reward participation.
Since its debut in August, KuCoin GemPool has launched 14 campaigns, with over 119,000 participants engaging, and over $863,000 asset locked. KuCoin GemPool is excited about this new addition and the potential it brings to the community. By fostering a robust and secure trading platform, KuCoin aims to continue being at the forefront of providing innovative solutions that cater to its diverse user base, enhancing both user experience and market growth.
About KuCoin
Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement, KuCoin offers over 800 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 36 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.
Logo – https://mma.prnewswire.com/media/2356857/KuCoin_Horizontal_Green_LOGO_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/kucoins-gempool-welcomes-piggypiggycoin—stake-play-and-earn-302297486.html
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