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Kalbe Farma

Indonesian pharmaceutical, healthcare and nutrition company


Summary

Indonesian pharmaceutical, healthcare and nutrition company

FieldValue
namePT Kalbe Farma Tbk
logoKalbe Farma.svg
logo_captionCurrent logo since 6 March 2007
typePublic
traded_as
foundation
locationJakarta, Indonesia
area_servedWorldwide
key_peopleVidjongtius (CEO)
Bernadette Ruth Irawati Setiady (President)
num_employees16,235 (2021)
productsDrugs, energy drinks, milk, baby food, healthy drinks, herbal supplements and nutrition products
industry
revenueRp 26.261 trillion (2021)
assetsRp 25.667 trillion (2021)
net_incomeRp 3.208 trillion (2021)
equityRp 21.365 trillion (2021)
subsid{{Plainlist
homepage

Bernadette Ruth Irawati Setiady (President)

  • Bintang Toedjoe
  • Kalbe Nutritionals
  • Kalbe Genexine Biologics
  • Innogene Kalbiotech
  • Bifarma Adiluhung
  • Kalbe International
  • Innolab Sains Internasional
  • Pharma Metric Labs
  • Saka Farma Laboratories
  • Dankos Farma
  • Hexpharm Jaya Laboratories
  • Hale International
  • Finusolprima Farma Internasional
  • Kalbe Milko Indonesia
  • Enseval Putera
  • Indogravure
  • Kalbe Morinaga
  • Kalbe Vision
  • Kalventis

PT Kalbe Farma Tbk, or simply known as Kalbe, is an Indonesian pharmaceutical, healthcare and nutrition company established in 1966. The company has expanded by strategic acquisitions of pharmaceutical companies, becoming an integrated consumer health and nutrition enterprise. The Kalbe Group has brands in the prescription drugs, OTC drugs, energy drink and nutrition products, with a distribution arm that reaches over one million outlets. Notably, the company produces misoprostol (sold under the brand name of Invitec), a drug which is used to treat stomach ulcers but is also widely used in Indonesia as an illegal abortifacient (abortion-inducing substance).

Company brands in healthcare and pharmaceutical segments include Promag, Mixagrip, Woods, Komix, Diabetasol, Prenagen, Extra Joss and Fitbar.

Kalbe is the largest publicly listed pharmaceutical company in Southeast Asia with around US$5 billion in market capitalization and revenues of over Rp 15 trillion. The name "Kalbe" is a syllabic abbreviation of its founder's name: Khouw Lip Boen.

History

Kalbe Farma was founded on September 10, 1966, by 6 siblings, K.L. Tjoen, Theresia H. Setiady, Khouw Lip Swan, Khouw Lip Boen (Also Known As: Dr. Boenyamin Setiawan), Maria Karmila, and F. Bing Aryanto. Kalbe Farma first began operations in a house garage that was owned by the founders.

In May 2020, Kalbe Farma signed a Memorandum of Understanding with South Korean pharmaceuticals company Genexine Inc. to develop a vaccine for the new corona virus or COVID-19.

References

References

  1. (2023-01-13). "Our Story".
  2. (1 October 2017). "Anti-abortion MP Jacob Rees-Mogg admits profits from abortion pills". Evening Standard.
  3. "Kalbe Farma and South Korea's Genexine to Start Human Trial for Covid-19 Vaccine".
Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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