Photo: Dr Lahoun Chanthabout, Managing Director from PDC3, Mr Rawi Ahmed, Partner at Consulus Global and Ms Sindavanh Manivong, Country Director at Consulus Laos (from the left)
State Enterprise Pharmaceutical Factory No 3 (Lao PDC3), a pharmaceutical manufacturer from Laos, has officially appointed Consulus, a Global Innovation Consultancy firm, to review and transform its business model in terms of value creation, people development and to create an innovative brand experience.
The signing ceremony was organised today in Vientiane, Laos. Dr Lahoun Chanthabout, Managing Director from PDC3, Mr Rawi Ahmed, Partner at Consulus Global and Ms Sindavanh Manivong, Country Director at Consulus Laos represented both.
According to the Economist Intelligence Unit, Asia’s pharmaceutical sector has been expanding rapidly, in line with the region’s strong economic growth and demographic changes. Despite a slight increase in market concentration, competition in Asia’s pharmaceutical sector remains fierce. In order to remain competitive, Lao PDC3 will journey with Consulus to review and implement a new business innovation roadmap and a new brand experience to set the stage for PDC3’s eventual expansion overseas.
“Through this project with State Enterprise Pharmaceutical Factory No. 3, our team is looking forward to serving the people of Laos and in a small way, helping them to shape their future through purpose and unity,” said Mr Ahmed.
The exercise is led by Ms Sindavanh Manivong and expected to take 9 months.
About Lao PDC3
In response to the request made by the Government of the Lao People’s Democratic Republic, the Government of Japan has sent, through the Japan International Cooperation Agency ( JICA ) which is an official Agency implementing the technical cooperation of the Government of Japan, a team headed by Mr. Minoru Ishida, Second Economic Cooperation Division, Economic Cooperation Bureau, Ministry of Foreign Affairs to conduct basic design study on the Establishment Project of the Pharmaceutical Development Center from 9th to 26th October 1983.
The PDC construction was started in 1984 – 1986, and the Government of Japan handed over as a gift and symbol of the Lao-Japanese Friendship to the Government of the Lao PDR in 1986; and the PDC applied its function from 1987 up to date.
The objective of the PDC is to contribute to the improvement of medical care by the Government of the Lao PDR through formulating and producing the essential drugs as implementing research and development of crude drugs utilizing indigenous raw materials.
About Sindavanh Manivong – Country Director at Consulus Laos
Sindavanh Manivong is an entrepreneur with 10 years of banking and finance experiences in charge of handling multiple tasks in the financial market, investment decision and in managing the team. She worked at Banque Pour Le Commerce Exterieur. She also has been involved in the founding of Shopping-D.online, a platform in digital and services field. She is recognized as a leading woman and a member of Business Network International (BNI) in Laos.
Consulus is a global innovation consultancy with multidisciplinary business and design capabilities. Since 2004, their UNIFY methodology has helped leaders, companies and cities gain new capabilities and competitive advantage by redesigning their business models, organisational cultures and brand experiences. This enables them to sharpen their capacity to innovate and meet the challenges of Industry 4.0.
Custom-built solutions by Consulus have allowed their clients to increase revenue by over 138%, expand to overseas markets, develop new products and intellectual property and prepare the next generation of leaders to drive and sustain high-growth.
Consulus was founded in Singapore (World Centre) and now present in Argentina, Bangladesh, Brazil, Brunei Darussalam, India, Italy, Laos, Malaysia, Myanmar, Sri Lanka, Thailand, United States of America and Vietnam.