{"id":1283,"date":"2024-06-07T22:15:16","date_gmt":"2024-06-07T15:15:16","guid":{"rendered":"https:\/\/thereporter.asia\/eng\/?p=1283"},"modified":"2024-06-07T22:15:16","modified_gmt":"2024-06-07T15:15:16","slug":"jsp-medis","status":"publish","type":"post","link":"https:\/\/thereporter.asia\/eng\/2024\/06\/jsp-medis\/","title":{"rendered":"JSP Targets Aging Population, Reaches 300 Million Baht in 5 Months"},"content":{"rendered":"<p data-sourcepos=\"3:1-3:151\"><a href=\"https:\/\/jsppharma.com\/en\/\">J.S.P. Pharmaceutical Industry (Thailand) Public Company Limited<\/a> (JSP) has announced a strategic shift towards the elderly market, aiming to cater to Thailand&#8217;s rapidly aging society. In the first five months of this year, JSP has already generated over 300 million baht in revenue and has set a target of 800 million baht for the entire year.<\/p>\n<ul>\n<li data-sourcepos=\"3:1-3:151\">&#8211; <a href=\"https:\/\/thereporter.asia\/eng\/2024\/05\/omron-donates-equipment-measure-blood-pressure\/\">Omron donates equipment measure blood pressure support Hypertension awareness<\/a><\/li>\n<li data-sourcepos=\"3:1-3:151\">&#8211; <a href=\"https:\/\/thereporter.asia\/eng\/2024\/06\/samart-telcoms-green-solutions-esg-goals\/\">Samart Telcoms Unleashes Green Solutions, Aligning with ESG Goals and Elevating Social Well-being<\/a><\/li>\n<\/ul>\n<p data-sourcepos=\"7:1-7:8\">Mr. Pitsanu Daengprasert, Chief Sales and Marketing Officer of JSP, revealed that the company has adjusted its marketing strategy to primarily focus on the elderly population. This includes a marketing budget of over 50 million baht, notably featuring &#8220;Mae Ed Duangjai Hataikan&#8221; as a presenter, which has been well-received by the target group.<\/p>\n<p data-sourcepos=\"9:1-9:50\"><strong>Elderly Business: A Golden Opportunity for JSP<\/strong><\/p>\n<p data-sourcepos=\"11:1-11:206\">JSP sees significant business opportunities in the elderly market as Thailand is transitioning into a full-fledged aging society. By 2030, it is projected that over 20% of the population will be aged 65 and above. With its strength in manufacturing medicines and supplements from natural extracts and herbs, JSP is well-positioned to meet the demands of this market.<\/p>\n<figure id=\"attachment_1285\" aria-describedby=\"caption-attachment-1285\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1285 size-full\" src=\"https:\/\/thereporter.asia\/eng\/wp-content\/uploads\/2024\/06\/JSP-MEDIS-TheReporterAsia-2.jpg\" alt=\"JSP\" width=\"600\" height=\"400\" srcset=\"https:\/\/thereporter.asia\/eng\/wp-content\/uploads\/2024\/06\/JSP-MEDIS-TheReporterAsia-2.jpg 600w, https:\/\/thereporter.asia\/eng\/wp-content\/uploads\/2024\/06\/JSP-MEDIS-TheReporterAsia-2-300x200.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><figcaption id=\"caption-attachment-1285\" class=\"wp-caption-text\">Mr. Pitsanu Daengprasert, Chief Sales and Marketing Officer of JSP<\/figcaption><\/figure>\n<p data-sourcepos=\"13:1-13:41\"><strong>Beyond Sales: Expanding into Services<\/strong><\/p>\n<p data-sourcepos=\"15:1-15:395\">In addition to product sales, JSP plans to expand into the service sector, particularly by enhancing the services of Grace Water Med Co., Ltd. (GWM), a subsidiary that manufactures dialysis fluids and medical equipment. JSP will utilize a strategy of producing specialized dietary supplements for kidney patients, to be sold at GWM&#8217;s dialysis centers, which have a network of over 100 locations.<\/p>\n<p data-sourcepos=\"17:1-17:43\"><strong>Dietary Supplements for Kidney Patients<\/strong><\/p>\n<p data-sourcepos=\"19:1-19:3\">JSP is committed to producing dietary supplements for kidney patients that cater to Thai tastes, aiming to boost patients&#8217; morale and quality of life. Furthermore, JSP plans to offer rental services for dialysis center equipment, dialysis fluids,and related medical supplies to increase sales channels and contribute to the establishment of more dialysis clinics in Thailand.<\/p>\n<p data-sourcepos=\"19:1-19:3\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1286\" src=\"https:\/\/thereporter.asia\/eng\/wp-content\/uploads\/2024\/06\/JSP-MEDIS-TheReporterAsia-3.jpg\" alt=\"JSP\" width=\"600\" height=\"400\" srcset=\"https:\/\/thereporter.asia\/eng\/wp-content\/uploads\/2024\/06\/JSP-MEDIS-TheReporterAsia-3.jpg 600w, https:\/\/thereporter.asia\/eng\/wp-content\/uploads\/2024\/06\/JSP-MEDIS-TheReporterAsia-3-300x200.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p data-sourcepos=\"21:1-21:92\"><strong>Automated Medicine Dispensing Cabinets: A New Opportunity in the Pharmaceutical Business<\/strong><\/p>\n<p data-sourcepos=\"23:1-23:264\">In addition to the aforementioned strategies, JSP has partnered with MEDIS to launch &#8220;Medis Automatic Medicine Dispensing Cabinets,&#8221; automated medicine vending machines under the slogan &#8220;Medicine Cabinet, Peace of Mind, Near You 24 Hours.&#8221; This initiative offers a franchise business model, opening opportunities for new entrepreneurs to enter the pharmacy business. These vending machines will dispense over-the-counter medicines and quality dietary supplements at accessible prices, with plans to expand to various communities across the country.<\/p>\n<p data-sourcepos=\"25:1-25:286\">Mr. Pitsanu, stated that Medis Automatic Medicine Dispensing Cabinets will enhance access to medicines and supplements for people in various communities, while also presenting a business opportunity for those interested in investing in the pharmacy business.<\/p>\n<p data-sourcepos=\"27:1-27:123\"><strong>#JSP #ElderlyMarket #PharmaceuticalBusiness #AgingSociety #HealthInnovation #AutomatedMedicineDispensingCabinets #MEDIS<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>J.S.P. Pharmaceutical Industry (Thailand) Public Company Limited (JSP) has announced a strategic shift towards the elderly market, aiming to cater to Thailand&#8217;s rapidly aging society. In the first five months of this year, JSP has already generated over 300 million&#8230; <\/p>\n","protected":false},"author":1,"featured_media":1284,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[156],"tags":[1170,1172,1168,1171,1173,1169,604],"class_list":["post-1283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-medical","tag-agingsociety","tag-automatedmedicinedispensingcabinets","tag-elderlymarket","tag-healthinnovation","tag-medis","tag-pharmaceuticalbusiness","tag-jsp"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>JSP Targets Aging Population, Reaches 300 Million Baht in 5 Months - TheReporterAsia\/eng<\/title>\n<meta name=\"description\" content=\"JSP has announced a strategic shift towards the elderly market, aiming to cater to Thailand&#039;s rapidly aging society.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thereporter.asia\/eng\/2024\/06\/jsp-medis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JSP Targets Aging Population, Reaches 300 Million Baht in 5 Months - 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