Health
TMAN Expands Health and Wellness Portfolio with Longevity Focus
Thai pharmaceutical company TMAN is launching a new 'Longevity' product line and expanding its Propoliz brand internationally, aiming for 4 billion baht in revenue by 2029.
According to a report by Prachachat Business, TMAN (T.Man Pharmaceutical) is strategically pivoting toward the health and wellness sector to establish a new growth engine. CEO Prapol Thanachotiphan announced the establishment of the Haven Herb factory, which will focus on developing products centered on longevity and wellness.
This initiative is part of a broader strategy to diversify the company's portfolio. TMAN aims for its longevity-focused products to account for 5% to 10% of its total revenue within the next three to five years. Furthermore, the company has set an ambitious target to reach a total annual revenue of 4 billion baht by 2029. Alongside these developments, TMAN is actively pushing its well-known Propoliz brand into international markets.
For residents and visitors in Thailand, this expansion signifies a growing local focus on the health and wellness industry, potentially increasing the availability of specialized wellness products. While the company has outlined its financial goals and production plans, the specific timeline for the international rollout of these new longevity products and the exact nature of the upcoming product range remain to be confirmed. TMAN continues to position itself as a key player in the Thai pharmaceutical landscape as it pursues these long-term growth objectives.