Best List of Pharmaceutical companies in Thailand 2022

The list of Pharmaceutical companies in Thailand will continue on their positive growth course since efforts are being made to reform the regulatory procedures for registering innovative medicines, helping Thailand to attract more foreign investment into its domestic pharmaceutical industry.

However, given the comparatively low affordability and poor access to healthcare, the market will primarily be suitable for generic manufacturers

Thailand is one of the leading pharmaceutical markets in Southeast Asia. The universal health insurance system has made medicines more affordable and accessible to all citizens and has contributed to the increase in sales in the medicines market in Thailand.

The government has also presented a strategic plan to develop Thailand as the medical hub in Asia to attract foreign patients and medical tourists. This is expected to contribute to the healthcare industry including the pharmaceutical market.

List of Pharmaceutical Industry Performance in Thailand

From 2013 to 2018, pharmaceutical sales in Thailand grew at an average of 4.5% per year. Although many of the pharmaceutical manufacturing sites are concentrated in developed economies, there were still 144 Good Manufacturing Practices (GMP) standardized pharmaceutical manufacturing sites in Thailand.

With available resources, pharmaceutical manufacturing in Thailand has generated more than 75 billion Thai baht worth of medicines in the country in recent years.

In terms of distribution, there were about 14,000 pharmacies in the country excluding hospitals. These pharmacies were one of the most important types of drug distribution channels. In 2019, however, around fifth thousand pharmacies have been closed to not fulfill the GMP standards.

Strengths of the Pharmaceutical industry in Thailand

  1.   The establishment of a universal healthcare system leads to better access to healthcare.
  2.  Strong growth in the hospital sector, reflecting the continuous modernization of the healthcare industry.
  3.   The significant growth potential of the pharmaceutical market, is heavily dependent on government interest in pharmaceutical sector development.
  4. Government policies to reduce the cost of medicines by encouraging a switch to generics.

Weaknesses

  1.   Low drug expenditure per capita.
  2.   A high number of counterfeit and parallel imported medicines in the country.
  3.   Uncertain price regulation and weak intellectual property protection.
  4.   The government’s reimbursement policy for medicines is heavily biased towards local medicine manufacturers and excludes many modern medicines.

Best list of Pharmaceutical companies in Thailand

Here is the contact information of some pharmaceutical companies operating in Thailand:

  • A.N.B. LABORATORIES COMPANY LIMITED

Address: 39/1 Moo 9 Ram Intra Road KHAN NA YAO, Bangkok, 10230 Thailand

Phone: +66-25100021

Website: click here

Year Started: 1961

Incorporated: 1961

  • BANGKOK LAB & COSMETIC COMPANY LIMITED

Address: 48/1 Moo 5 Nong Chaesao Road MUANG, Ratchaburi, 70000 Thailand

Phone: +66-32719900

Website: click here

Year Started: 1992

Incorporated: 1992

  • BAXTER MANUFACTURING (THAILAND) COMPANY LIMITED

Address: 7/398 Moo 6 PLUAK DAENG, Rayong, 21140 Thailand

Phone: +66-38929928

Website: visit here

Year Started: 2012

Incorporated: 2012

  • BEIERSDORF (THAILAND) COMPANY LIMITED

Address: 98 North Sathorn Road 6th and 7th Floor, Sathorn Square Office Tower BANG RAK, Bangkok, 10500 Thailand l

Phone: +66-28208000

Website: click here

Year Started: 1972

Incorporated: 1972

  • BERLIN PHARMACEUTICAL INDUSTRY COMPANY LIMITED

Address: 359 Charoenkrung Road POM PRAP SATTRU, Bangkok, 10100 Thailand

Phone: +66-22524650

Website: visit

Year Started: 1984

Incorporated: 1984

  • BERTRAM (1958) COMPANY LIMITED

Address: 37 Soi Ladprao 80 (Chantima), Ladprao Road WANG THONG LANG, Bangkok, 10310 Thailand

Phone: +66-29327051

Year Started: 1981

Incorporated: 1981

  • BETTER PHARMA COMPANY LIMITED

Address: 323 Moo 6, Vibhavadi Rangsit Road Betagro Tower LAK SI, Bangkok, 10210 Thailand

Phone: +66-28338000

Website: click here

Year Started: 1978

Incorporated: 1978

  • BIOLAB COMPANY LIMITED

Address: 55 Sukhumvit Road Soi Phrompong VADHANA, Bangkok, 10110 Thailand

Phone: +66-27093121

Year Started: 1981

Incorporated: 1981

  • BIOMEDIA (THAILAND) COMPANY LIMITED

Address: 55/5 Moo 10, Soi Watphrangoen Kanjapapisek Road BANG YAI, Nonthaburi, 11140 Thailand

Phone: +66-24437262

Website: click here

Year Started: 2003

Incorporated: 2003

  • BIONET-ASIA COMPANY LIMITED

Address: 19 Soi Udomsuk 37, Sukhumvit 103 Road PHRA KHANONG, Bangkok, 10260 Thailand

Phone: +66-23618110

Website: visit

Year Started: 2001

Incorporated: 2001

  • B.L. HUA & COMPANY LIMITED

Address: 2 Somdet Chaophraya Road Soi Sitthikasem KHLONG SAN, Bangkok, 10600 Thailand

Phone: +66-24370154

Website: click here

Year Started: 1947

Incorporated: 1947

  • BOSS PHARMACARE COMPANY LIMITED

Address: 79 Suksawat Road 1st-2nd, Floor, Chiemchan Building RAT BURANA, Bangkok, 10140 Thailand

Phone: +66-24270020

Website: visit here

Year Started: 1956

Incorporated: 1956

  • BURAPHA DISPENSARY COMPANY LIMITED

Address: 20 Soi Ngam Wong Wan 6 Yeak 3 Soi Thianthale 8 MUANG, Nonthaburi, 11000 Thailand

Phone: +66-25802780

Year Started: 1985

Incorporated: 1985

  • DOD BIOTECH COMPANY LIMITED

Address: 111 Moo 2 MUANG, Samut Sakhon, 74000 Thailand

Phone: +66-34446333

Year Started: 2011

Incorporated: 2017

  • F.C.P. COMPANY LIMITED

Address: 45 Moo 4 MUANG, Chachoengsao, 24000 Thailand l

Phone: +66-38086868

Website: visit

Year Started: 1996

Incorporated: 1996

  • GIFFARINE SKYLINE LABORATORY AND HEALTH CARE COMPANY LIMITED

Address: 222/1-3 Moo 13 KHLONG LUANG, Pathum Thani, 12120 Thailand

Phone: +66-28349222

Website: visit here

Year Started: 2001

Incorporated: 2001

  • GOLDEN CUP PHARMACEUTICAL COMPANY LIMITED

Address: 28/9 Moo 4 BANG YAI, Nonthaburi, 11140 Thailand

Phone: +66-21918751

Year Started: 1950

Incorporated: 1950

  • GOLD MINTS PRODUCTS COMPANY LIMITED

Address: 248/1 Soi Sopon, Alongside Express Way Road Bangna, Bangkok, 10260 Thailand

Phone: +66-23992494

Year Started: 1989

Incorporated: 1989

  • INTERTHAI PHARMACEUTICAL MANUFACTURING LIMITED

Address: 1899 Phahon Yothin Road CHATUCHAK, Bangkok, 10900 Thailand

Phone: +66-29412992

Year Started: 1996

Incorporated: 1996

  • JACK CHIA INDUSTRIES (THAILAND) PUBLIC COMPANY LIMITED

Address: 144/1-2 Sri Bamphen Road YAN NAWA, Bangkok, 10120 Thailand

Phone: +66-22490231

Website: visit

Revenue: $26.06 million

Year Started: 1966

Incorporated: 1993

  • KAWASUMI LABORATORIES (THAILAND) COMPANY LIMITED

Address: 55/26 Moo 13, Phahon Yothin Road KM.46 Nava Nakorn Industrial Zone KHLONG LUANG, Pathum Thani, 12120 Thailand

Phone: +66-25292620

Website: visit here

Year Started: 1978

Incorporated: 1978

  • LONZA (THAILAND) COMPANY LIMITED

Address: 159 Sukhumvit 21 (Asoke) Road 18th Floor, Serm-Mit Tower WATTANA, Bangkok, 10110 Thailand

Phone: +66-22603810

Year Started: 1983

Incorporated: 1983

  • MEGA LIFESCIENCES PUBLIC COMPANY LIMITED

Address: 384 Moo 4, Soi 6, Pattana 3 Road Bangpoo Industrial Estate MUANG, Samut Prakan, 10280 Thailand

Phone: +66-24018686

Website: visit here

Revenue: $414.52 million

Year Started: 1982

Incorporated: 2013

  • MICROBIOTEC COMPANY LIMITED

Address: 75 Soi Pracha Niwet 3 Soi 8/3 Yaek 12 MUANG, Nonthaburi, 11000 Thailand

Phone: +66-25897388

Website: visit here

Year Started: 1991

Incorporated: 1991

  • M & H MANUFACTURING COMPANY LIMITED

Address: 41 Sukhumvit Road MUANG, Samut Prakan, 10270 Thailand

Phone: +66-27538730

Year Started: 1959

Incorporated: 1959

  • MILLIMED COMPANY LIMITED

Address: 193 Moo 1 Suk Sawat Road PHRA SAMUT CHEDI, Samut Prakan, 10290 Thailand

Year Started: 2000

Incorporated: 2000

  • NOVA ORGANIC COMPANY LIMITED

Address: 190/4 Moo 8 PHRA SAMUT CHEDI, Samut Prakan, 10290 Thailand

Phone: +66-24171130

Year Started: 2012

Incorporated: 2013

  • OLIC (THAILAND) LIMITED

Address: 166 Moo 16, Udomsorayuth Road Bangpa-In Industrial Estate BANG PA-IN, Phra Nakhon Si Ayutthaya, 13160 Thailand

Phone: +66-35221031

Website: click here

Year Started: 1961 Incorporated: 1961

  • PAN RAJDHEVEE GROUP PUBLIC COMPANY LIMITED

Address: 50/234-275 Moo 3 LAM LUK KA, Pathum Thani, 12150 Thailand

Phone: +66-25778888

Year Started: 1994

Incorporated: 2004

  • POWER SHOT COMPANY LIMITED

Address: 25 South Sathorn Road SATHON, Bangkok, 10120 Thailand

Phone: +66-20268979

Website: click here

Year Started: 2019 Incorporated: 2019

  • RECKITT BENCKISER HEALTHCARE MANUFACTURING (THAILAND) COMPANY LIMITED

Address: 65 Moo 12, Lat Krabang-Bang Phli Road BANG PHLI, Samut Prakan, 10540 Thailand

Phone: +66-23373621

Website: www.rb.com

Year Started: 1977

Incorporated: 1977

  • THAI MEIJI PHARMACEUTICAL COMPANY LIMITED

Address: 37 Soi Chalongkrung 31, Chalongkrung Road Ladkrabang Industrial Estate LAT KRABANG, Bangkok, 10520 Thailand

Phone: +66-23260750

Website: visit here

Year Started: 1979

Incorporated: 1979

  • THAI NAKORN PATANA COMPANY LIMITED

Address: 14 Soi Ngamwongwan 8, Ngamwongwan Road MUANG, Nonthaburi, 11000 Thailand

Phone: +66-25559999

Website: click here

Year Started: 1976

Incorporated: 1976

  • THAI OTSUKA PHARMACEUTICAL COMPANY LIMITED

Address: 323 Silom Road 15th Floor, Room 1501-1502, United Center Building BANG RAK, Bangkok, 10500 Thailand

Phone: +66-24019560

Website: click here

Year Started: 1973

Incorporated: 1973

  • THE GOVERNMENT PHARMACEUTICAL ORGANIZATION

Address: 75/1 Rama VI Road RATCHATHEWI, Bangkok, 10400 Thailand

Phone: +66-22038000

Website: visit

Year Started: 1966

Incorporated: 1966

  • THE MEDIC PHARMA COMPANY LIMITED

Address: 450 Rama II Road Soi Rama II Soi 50 BANG KHUN THIAN, Bangkok, 10150 Thailand

Phone: +66-20248635

Year Started: 1971

Incorporated: 1971

  • MAN PHARMA COMPANY LIMITED

Address: 63 Ratchadaphisek(Thaphra – Taksin) Road Soi Ratchadaphisek 14/1 3 Floor THON BURI, Bangkok, 10600 Thailand

Phone: +66-24151007

Website: visit here

Year Started: 1975

Incorporated: 2011

  • T.O. CHEMICALS (1979) LIMITED

Address: 280,280/1-11,280/14-16 Soi Sabaijai, Sutthisan Winitchai Road HUAI KHWANG, Bangkok, 10310 Thailand

Phone: +66-22756053

Website: click here

Year Started: 1979

Incorporated: 1979

  • UNISON LABORATORIES COMPANY LIMITED

Address: 39 Moo 4 MUANG, Chachoengsao, 24000 Thailand

Phone: +66-38564931

Year Started: 1956

Incorporated: 1956

  • VITA COMPANY LIMITED

Address: 22 Soi Sukhumvit 42, Sukhumvit Road Klong Toei, Bangkok, 10110 Thailand

Phone: +66-23902061

Website: visit here

Year Started: 1975

Incorporated: 1975

  • ZAGRO (THAILAND) LIMITED

Address: 6/6 Moo 4 Rangsit-Nakornnayok Road THANYABURI, Pathum Thani, 12130 Thailand

Year Started: 1987

Incorporated: 1987

Frequently Asked Questions about the list of the pharmaceutical companies in Thailand

  • How many pharmaceutical companies are there in Thailand?

While many of the pharmaceutical manufacturing sites are concentrated in developed economies, there were still 144 good manufacturing practices (GMP) standardized pharmaceutical manufacturing sites in Thailand.

  • What are some leading domestic pharmaceutical companies in Thailand?

Some of the leading pharmaceutical companies in Thailand according to their revenue (in million U.S. dollars) are:

  1. Pfizer 288 million dollars
  2. GSK 261 million dollars
  3. MSD 246 million dollars
  4. Novartis 222 million dollars
  5. Roche 201 million dollars
  6. Siam Bioscience 169 million dollars
  7. Sanofi Aventis 164 million dollars
  8. Berlin Pharm 149 million dollars
  9. Takeda 140 million dollars
  10. Sandoz 125 million dollar
  • What is the procedural structure when issuing licenses for the distribution of a medicinal product in Thailand?

Companies and individuals wishing to market a drug  must:

  1. Obtain a license from the FDA to manufacture, sell or import drugs domestically for sale in Thailand. The license must be renewed every year and is valid from  January 1st. until 31st Dec of every year. The licensee who obtains a manufacturing license or an import license is also entitled to sell its manufactured or imported medicines, but only wholesale (Article 15 of the Medicines Act).
  2. After receiving the import license, obtain a permit to import drug samples.
  3. Submit a complete regulatory submission, including samples, to the FDA for review and registration. The marketing authorization for each product must also be renewed.
  • What are the Different Categories of Drugs for Distribution?

Under the Medicines Act, there are three main categories of medicines:

  • Common home remedies, which are equivalent to over-the-counter (OTC) medicines. Products in this category can be sold without a prescription and do not require a pharmacist. are sold by parties other than retail pharmacies, distributors, and wholesalers as these products do not require a license to sell. For example, a supermarket or supermarket may sell common home remedies, such as acetaminophen 500 mg in packs of 4 or 10, simethicone, normal saline, aluminum hydroxide tablets, oral rehydration salts (ORS), etc licensed practitioners such as a doctor, dentist, nurse, veterinarian or pharmacist.
  • Dangerous medicines can be sold without a prescription, but only a pharmacist should dispense them. Most medicines in Thailand fall into this category.
  • Specially controlled medicines, which can have potentially harmful effects if misused, are only available by prescription. Also, some specially controlled drugs are only available in hospitals.

Conclusion

Thailand’s pharmaceutical market has grown significantly in recent years due to impressive developments in the public health system.

Limited state drug coverage and a shortage of physicians are, however, currently restraining the market.

In 2019, Thailand’s pharmaceutical market was valued at US$5.9 billion. In 2020, forecasts show that the market could grow by 4.5% and reach a value of USD 6.4 billion. The market will reach a value of USD 6,900 million, and will experience a compound annual growth rate (CAGR) of 3.1%.

Thailand represents a significant growth opportunity for multinational pharmaceutical companies looking to expand their presence in the emerging markets of the Asia-Pacific region.

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