PHI Group Partners with Aquarius Power
November 6, 2017
PHI Group Forms Strategic Alliance with Tho Xuan Duong JSC
November 12, 2017


Acquisition of Medical Corp.

PHI Group has formed Phivitae Corporation, a Wyoming corporation and wholly owned subsidiary of the Company, and signed a letter of intent to acquire 80% of Medical Corp., a Romanian pharmaceutical and medical supply distribution company. 

Medical Corp will serve as a platform to provide Western pharmaceutical products from Europe to emerging markets and also distribute prized organic medicines developed by Tho Xuan Duong JSC, a company recognized by Guinness World Records with nearly four centuries of history in Vietnamese traditional medicine and herbs (, to European and Middle Eastern markets.

Partnership with Suda Lattana Co.

Phivitae Corporation has signed a Business Cooperation Agreement with Suda Lattana Co.,  a Lao company, to provide pharmaceutical products, medical equipment and healthcare supplies to Laos and its neighboring markets.