@Halal September/October 2023 | Page 37

professionals and academic institutions such as Universiti Sains Islam Malaysia and Universiti Kebangsaan Malaysia provides valuable insights into the issues surrounding halal pharmaceuticals ,” Nik Moustpha affirmed .

These collaborations contribute to informed approaches and strategies in halal compliance .

The microsite “ halal4pharma . com ” is a testament to their commitment to awareness , offering a comprehensive understanding of halal pharmaceuticals and their benefits from Islamic perspectives .

CONFRONTING THE GIANTS

The path towards achieving halal pharmaceutical leadership is marked by its inherent challenges , shaping a narrative of resilience and determination . One of Duopharma Biotech ’ s significant hurdles is securing essential documents from overseas vendors , particularly confidential ones .

This endeavour demands patience and persistence , as navigating international waters for such documents can be intricate and time-consuming . Moreover , the company ’ s relentless commitment to transparency adds an extra layer of complexity , ensuring that every documentation adheres to the highest standards of halal compliance .

“ Another challenge we encountered was obtaining the required documents and information on the source of origin and process of materials used in manufacturing biosimilar products .

Some of our products , such as master cells used in biological drug development , have a long history dating back to the 1950s . Gathering comprehensive data on the source and processes for these materials required meticulous research and verification .”

This challenge underscores the meticulous nature of their commitment , where even the tiniest details matter in ensuring halal compliance , exemplifying its profound business acumen .

This orchestrated endeavour encompasses a symphony of seamlessly integrated components : stringent internal audits , a specialised transportation system for halal products , and meticulous adherence to Standard Operating Procedures ( SOP ).

These integral elements collectively establish a framework that guarantees compliance and operational efficiency , maintaining an unwavering commitment to the rigorous halal standards that the company upholds .

Nik Moustpha elaborated on their safeguarding measures : “ Besides selecting and evaluating all our raw materials that need to be halal , we must also ensure our halal best practice is applied throughout the supply chain .”

This diligent approach ensures that halal compliance isn ’ t just a badge but a pervasive commitment in every facet of production .

STEERING THE SHIP

The Halal and Sustainability Committee emerges as the captain steering Duopharma Biotech ' s ship toward halal pharmaceutical leadership . Beyond just halal , this committee is the compass that navigates the broader waters of sustainability , aligning ethical and environmental considerations .

With eyes set on a holistic horizon , this committee ensures that every stride toward sustainability complements the core principles of halal practices .

“ The Halal and Sustainability Committee is pivotal in Duopharma Biotech ’ s mission to become a leading force in the halal pharmaceutical industry .

“ As part of its mandate , the it provides crucial oversight of Duopharma Biotech ’ s Halal Pharmaceuticals Agenda ( HPA ) and sustainability matters across the Company and its subsidiaries ,” he added .

This dual commitment showcases the company ’ s dedication to holistic impact .

THE WIND BENEATH THE HALAL WINGS

Duopharma ’ s halal production capabilities are an orchestra of innovation . From the meticulous verification of raw materials to the R & D centre ’ s scrutiny , innovation is the wind beneath its halal wings . As technology embraces the dance , internal audits and vendor scrutiny soar to new heights , strengthening the fortress of halal supply chains .

Nik Moustpha said : “ One significant measure is the strict adherence to ensuring that all incoming raw materials are halal verified before any manufacturing or research and development processes .”

This practice ensures that their journey toward halal excellence isn ’ t just about product output but the sanctity of every ingredient .

HARMONISING COMPLIANCE AND QUALITY

In the realm where halal certification

Collaborating with healthcare professionals and academic institutions such as Universiti Sains Islam Malaysia and Universiti Kebangsaan Malaysia provides valuable insights into the issues surrounding halal pharmaceuticals .” – Nik Moustpha

criteria meet regulatory standards , Duopharma Biotech is the maestro orchestrating a harmonious symphony . Amidst stringent regulations and quality checks , the company ensures compliance and raises the bar , ensuring that halal-certified pharmaceuticals stand shoulder-to-shoulder with any other product in the market . It ’ s a composition where the notes of quality and ethics resound in unison .

Nik Moustpha explained : “ By incorporating halal certification as an additional layer of quality assurance , it enhances our pharmaceutical products ’ value , further emphasising our commitment to transparency , consumer trust , and ethical practices .”

This symphony of quality , ethics , and halal assurance makes Duopharma Biotech ' s products resonate deeply with consumers .

REVENUE AND BEYOND

Duopharma Biotech , acclaimed for its leadership in halal product manufacturing , maintains an ardent commitment to upholding this distinction . The company resolves to ensure a comprehensive top-down approach across all departments — R & D , Business Development , Commercial , and Operations — providing unwavering dedication to producing 100 per cent halal products .

Duopharma anticipates a marked surge in revenue and profitability by embedding halal products throughout its diverse portfolio . With a global perspective , Duopharma Biotech strategically advances into the expansive halal market , envisioning amplified export prospects and strategic alliances .

The company is forging international collaborations to raise awareness about halal pharmaceuticals , especially targeting regions with substantial Muslim populations . Supported by Muslim doctors , this initiative can potentially foster significant commercial growth .

Looking to the horizon , the symphony composed by Duopharma Biotech ' s halal commitment resonates with the financial crescendo . Halal products have contributed to their revenue , with a promising nine per cent increase from RM639 million to RM697 million .

Profit before and after-tax echo this melody , showcasing a positive 2.25 per cent growth . It ' s commitment to halal isn ’ t just a tune - the crescendo harmonises ethics , quality , and prosperity .

“ By providing halal products across our entire portfolio , we anticipate a substantial boost to our revenue and profits .”

This anticipated growth solidifies their position as a trailblazer in the pharmaceutical realm , intertwining ethics and economics .

Duopharma Biotech ’ s path to halal pharmaceutical leadership is a fusion of ethics , quality , and faith resonating in every carefully crafted product . Amid challenges and achievements , their journey tells the story of a company that goes beyond pharmaceutical production ; it builds trust , champions values , and prioritises halal excellence . – Xtra