to become the main authorised distributors of the government-procured vaccines to local hospitals.
Beyond that, several healthcare providers are expected to participate in the wholesale distribution process on behalf of the distributors of government-procured vaccines.
Analysts are betting on several companies including Apex Healthcare Bhd
. This is based on its vast distribution network, past track record of distributing vaccines and other pharmaceutical products.
Apex has enough cold chain facilities in both Malaysia and Singapore that are capable of storing vaccines.
“Coupled with a robust warehousing system, we predict that Apex will be a prominent player in the Covid-19 vaccine distribution, ’’ said AmInvestment Research wrote in a report.
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Malaysia is expected to receive its first batch of one million doses of the Pfizer Inc/BioNTech Covid-19 vaccine in February 2021 and AmInvestment believed that the first batch of vaccines would be administered in Q2 or Q3 this year.
PETALING JAYA: With the roll-out of the Covid-19 vaccines on the horizon, earnings prospects for the healthcare sector are looking positive not just for the short-term but also for the longer period on higher demand.
Although recovery in inpatient volume is only expected to be modest in 2021, AmInvestment Bank said earnings are set to pick up due to potential public-private collaborations, improved margins as a result of cost-cutting measures and a focus on low capex and gestational period projects.