Media release

DKSH Malaysia and PeopleBio Establish Partnership in Malaysia

DKSH Malaysia and PeopleBio Establish Partnership in Malaysia

DKSH Management Malaysia Sdn. Bhd., a subsidiary of DKSH Malaysia, has been appointed as the authorized partner and distributor for PeopleBio, a Korean biotechnology company. Through this partnership, early detection for individuals at risk of Alzheimer’s diseases in Malaysia will be facilitated.

Petaling Jaya, Malaysia, June 20, 2024 – DKSH Business Unit Healthcare, a leading partner for companies seeking to grow their healthcare business in Asia and beyond, is proud to announce a new strategic partnership with PeopleBio, a Korean biotechnology company dedicated to creating technologies regarding Alzheimer’s disease that contribute to the well-being of individuals. 

Under the agreement, DKSH Malaysia will provide full Market Expansion Services, encompassing importation and customs clearance, Medical Device Authority (MDA) registration, marketing and sales, distribution, as well as invoicing and cash collection. By harnessing DKSH Malaysia’s deep market knowledge and capillary distribution network, the collaboration will ensure the availability of PeopleBio’s products for the benefit of Malaysian patients.

Sungmin Kang, CEO, President at PeopleBio, shared enthusiasm about the recent collaboration, stating: “We are thrilled about this new partnership and the strengths that DKSH Management Malaysia Sdn. Bhd. brings to the forefront. We have faith in DKSH Management Malaysia Sdn. Bhd.’s robust regional presence in the medical devices channel to strengthen our product’s commercial footprint and foster sustained growth in this market.”

Sandeep Tewari, Head Country Management and Vice President, Healthcare, DKSH Malaysia, added: “At DKSH, our commitment is rooted in enriching people’s lives. This collaboration stands as a significant milestone in our mission to facilitate early detection and intervention of Alzheimer’s disease, aligning seamlessly with our dedication to providing healthcare for all.”