MADSA Reinvents During Itself During 10th Anniversary
The Malaysian Dietary Supplement Association strengthens operations to take on a more vigorous role in boosting health care in Malaysia.
- (1888PressRelease) February 03, 2015 - The Malaysian Dietary Supplement Association (MADSA) celebrates its 10th year of existence in 2015.
The major aims of MADSA are:
- to advance the interests of the Members with regards to Regulatory, Scientific and Commercial issues
- to increase awareness among the public on the health benefits of supplements.
MADSA Members include both homegrown and foreign companies involved in the manufacture and marketing of dietary supplements.
The supplements industry in Malaysia is estimated to be MYR1.8 billion in 2014. This includes vitamins and dietary supplements sold via retail pharmacies, other retail establishments and MLM organisations.
This makes the supplements industry a major contributor to the Malaysian economy. Many of the Malaysian supplements manufacturers are innovators in the field.
The industry is regulated by the National Pharmaceutical Control Bureau. All dietary supplements have to be registered with the NPCB before it can be sold to the public.
Due to the increased regulatory oversight, MADSA Members at their last AGM decided to create a Regulatory Subcommittee and a Marketing Subcommittee. The purpose of the subcommittees are to deliberate on matters related to the two areas and advise the Main Committee appropriate measures and responses to market dynamics.
Furthermore, a General Manager was appointed in 2014 to manage the daily operations of the Association. All Member organisations' representatives in the Main Committee and Subcommittees are employees of the respective companies and they have limited time to attend to Association related business. The General Manager is expected to attend to such business.
In order to boost awareness of the Association among the public, one of the activities was to revamp the website. The new website which was launched towards the end of 2014 has already increased visitors and enquiries from foreign companies interested to enter the Malaysian market.
The new website now has health articles targeted to the public. Members of the public may access the site at www.madsa.org.my. The public are also encouraged to contact the Association to report counterfeit supplements or obtain advise on supplements usage. They may direct queries to the Secretariat at secretariat ( @ ) madsa dot org dot my
There are other activities being planned to educate the public further on dietary supplements and to engage the various government agencies involved in the supplements market.
MADSA is on a membership drive currently and invites all dietary supplements companies in Malaysia to register as a Member. Membership details may be obtained by writing to the Secretariat at the email address stated above.
About MADSA
The Malaysian Dietary Supplement Association was created in 2005 with the aim of advancing the interests of the dietary supplements industry in Malaysia. It also pursues awareness of the public on the health benefits of supplements. Its members consist of local and foreign manufacturers and marketers.
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