DXN to explore setting up integrative medicine facility


KUALA LUMPUR: DXN Holdings Bhd has entered into a memorandum of understanding (MoA) with the Malaysia Holistic and Herbal Organisation (MHHO) to explore a collaboration with an aim to establish an integrative medicine facility.

In a filing with Bursa Malaysia, the manufacturer of health food supplements said the proposed facility would offer integrative traditional and complementary services by incorporating traditional, complementary medicine, and indigenous medicine with modern medicine.

Under the agreement, the parties will also establish a research centre for the development of herbal products and collaborate with appropriate organisations to establish centres of excellence and higher learning for traditional and intergrative traditional medicine.

"The parties' general understanding is that the 'Integrative Medicine Facility' will be established, operated and managed by MHHO and financed by DXN," it said.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

DXN , medicine , healthcare , wellness

   

Next In Business

Ringgit opens lower against US$ in early trade
Bursa remains caught in consolidation
Visa-free agreements set to propel air passenger traffic growth
Sedania forges ahead with Islamic fintech ambitions
Trading ideas: Public Bank, Axiata, Cahya Mata, Berjaya Corp, Mega First, QL Resources, Sarawak Oil Palm, PPB, FGV, Supermax and Pharmaniaga
Allianz Malaysia’s affordable insurance in line with government’s Rahmah Insurance initiative
PIE stake in Thai firm PIT reduced
Global bonds surge toward best month since 2008 financial crisis
Billionaire Cheng family’s succession under scrutiny
Higher input costs continue to weigh on PetChem

Others Also Read