The Ups and Downs of Pharmaceutical Business in Indonesia
Monday, October 16, 2023
The pharmaceutical industry weakened after reaping profits during the Covid-19 pandemic. Private companies are considered more efficient than state-owned enterprises.
THE IDXHEALTH’s decline at the closing of the Indonesia Stock Exchange trading on Friday, October 13, gave an indication of sluggishness in the health sector. At the time, IDXHEALTH was closed at the level of 1,442.44, down by 0.25 percent from the previous day.
According to an analyst of Mirae Asset Sekuritas Indonesia, Andreas Saragih, from the whole 2022 through the first semester of this year, the performance of pharmaceutical com
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