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DKSH Brings Abbott's Nutrition Business to Macau

DKSH, the leading Market Expansion Services provider with a focus on Asia, and Abbott, a global healthcare company, have signed an agreement to bring both of Abbott's infant formula and adult nutrition products to the Macau market.
DKSH Holding Limited
2016-12-06 14:00 3519

HONG KONG, Dec. 6, 2016 /PRNewswire/ -- DKSH Business Unit Healthcare, Asia's leading Market Expansion Services specialist for healthcare companies seeking to grow their business in Asia, has been appointed by Abbott to grow its nutrition business in the Macau market. Under the agreement, a dedicated DKSH team in Macau will provide marketing and sales activities in the retail including drug stores, pharmacies and wholesale trade channels.

The broad range of Abbott's products provides people with a variety of health conditions with the nutrients they need to thrive. Abbott is committed to enhancing health and well-being at every stage of life. "Abbott is committed to helping people live their best possible lives through the power of health. We enjoy good partnerships with DKSH in Cambodia, Malaysia and Vietnam. This new cooperation with DKSH in Macau ensures alignment throughout our business in Asia and will help us bringing our science-based nutritional products to more people," said Steven Lee, General Manager of Abbott Nutrition in Hong Kong.

"The can-do attitude of the team allows us to accomplish all the steps to launch this business in record-breaking time. It is a great example of how we challenge ourselves and work collaboratively. To work with Abbott in Macau means we are actually building further strength for our local operation. Demand in the local market can never be underestimated, and good business insights of local experts are the key to win," said Grace Lau, Vice President, Business Unit Healthcare, DKSH Hong Kong.

About Abbott

At Abbott, we're committed to helping you live your best possible life through the power of health. For more than 125 years, we've brought new products and technologies to the world -- in nutrition, diagnostics, medical devices and branded generic pharmaceuticals -- that create more possibilities for more people at all stages of life. Today, 74,000 of us are working to help people live not just longer, but better, in the more than 150 countries we serve. Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.

About DKSH

DKSH is the leading Market Expansion Services provider with a focus on Asia. As the term "Market Expansion Services" suggests, DKSH helps other companies and brands to grow their business in new or existing markets. Publicly listed on the SIX Swiss Exchange since 2012, DKSH is a global company headquartered in Zurich. With 770 business locations in 36 countries -- 740 of them in Asia -- and 28,300 specialized staff, DKSH generated net sales of CHF 10.1 billion in 2015. DKSH was founded in 1865. With strong Swiss heritage, the company has a long tradition of doing business in and with Asia and is deeply rooted in communities and businesses across Asia Pacific.

DKSH Business Unit Healthcare is the leading Market Expansion Services provider for healthcare companies seeking to grow their business in Asia. Custom-made offerings comprise registration, regulatory services, market entry studies, importation, customs clearance, marketing and sales, capillary physical distribution, invoicing and cash collection. Products available through DKSH Healthcare include pharmaceuticals, consumer health and over-the-counter (OTC) products as well as medical devices. With 140 business locations in 13 countries and around 9,590 specialized staff, Business Unit Healthcare serves over 150,000 customers and generated net sales of CHF 5.0 billion in 2015.

Source: DKSH Holding Limited
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