CCM Targets Muslims With Halal Medicine

June 2007 | Company News Alert

Chemical Company of Malaysia (CCM) is focussing on pharmaceuticals in general and halal medicines in particular for future growth. BMI strongly endorse this approach as the firm's other divisions - fertilisers and chemicals - will always return lower margins. Moreover, drugs that comply with Islamic law represent one of the fastest growing sectors in the industry. To achieve increased profit, which has been falling in recent years despite booming revenues, CCM is expanding domestic manufacturing capabilities and simultaneously ramping up recruitment of agents in markets where the Muslim population is large, such as in the Middle

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