The Edge Financial Daily, on July 22, 2019.
Adventa scaling up dialysis business
KUALA LUMPUR: To support its scaling-up objective, pharmaceutical player Adventa Bhd is set to exit its sterilisation business and fully focus on growing its core healthcare business, both organically and inorganically.
The company’s decision to dispose of its industrial and commercial sterilisation business unit, Electron Beam Sdn Bhd (E-Beam), comes despite being its sole profit contributor for the past three financial years.
“This year, we are spending a lot of time realigning and restructuring our business model. We see a lot of good potential in the dialysis business that is realisable this year and next year [as] registrations are coming through,” Low told The Edge Financial Daily.