In 1980-1981, the shortage of medicines in Ho Chi Minh City was quite critical. In order to contribute to solving the above difficulties, The Party Secretary of the City (at that time Comrade Vo Van Kiet) authorized the establishment of the
by Decision No 126/ QĐ - UB dated June 30, 1981 of Ho Chi Minh City People's Committee. This was the first company of the City and of the whole country which called on the investments of the people (chiefly of the health personnel) and worked as a shareholding company.
The Pharmaceuticals Import and Export Company PHARIMEX was the previous name of the actual Pharmaceutical and Medicinal Public Company PHARMEDIC.
Till 1983, after almost two years of activity, due to the City foreign trade reorganization at that time, PHARIMEX Company was transformed into the
by Decision No 151 / QĐ - UB dated September 24, 1983 of Ho Chi Minh People's Committee.
In 1997, according to the Government policies, the Pharmedic Laboratories was once more transformed into the
by Decision No 4261 / QĐ - UB dated August 13,1997 with the following essential assignments:
- Production and distribution of drugs, medicinals, cosmetics, medical materials and other medical related items.
- Joint-venture with domestic and foreign organizations and individuals, processing raw materials (mainly from medicinal plants ) in order to manufacture some traditional products.
- Besides the capactity of providing for a wide range of pharmaceuticals for domestic consumption, PHARMEDIC also has potentiality of exporting and manufacturing under licence for the ASEAN, American and European countries.
Actually, in addition to the head office located at 367 Nguyen Trai Street, Nguyen Cu Trinh Ward, District 1, a new plant has been built and just completed, with a surface of 15,000 square meters, meeting the
Situated at 1/67 Nguyen Van Qua Street , Dong Hung Thuan Ward, District 12, Ho Chi Minh City.
For its outstanding achivements, the Company was awarded
VIETNAM HIGH QUALITY PRODUCT IN