Login to your account

Username *
Password *
Remember Me

Pharmaceutical giant opens production and packaging plant in China

Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive
 

Eisai opens production and packaging plant in China
CHINA –
Japanese pharmaceutical company Eisai Co Ltd has completed the construction of a new production facility in China.

Located in Suzhou Industrial Park, Jiangsu province, the plant investment was made in expectation of “sustained future growth in the (Chinese) market” and will manufacture and package solid preparation productions for the domestic market. This move is also expected to promote cost reduction through improving production efficiency in the medium term for Eisai.

Standing on an approximately 134,000 square meter-site, the facility stands two floors above ground with a total floor space of approximately 3,300 square metres. Serving as the company's new base for parenteral manufacturing, the new facility is initially equipped with a production line for Methycobal injection that has the capacity to manufacture an approximate maximum of 60 million ampoules per year.

In addition, the company intends to expand the role of the new facility in the future to function as a global supply center of injection products for a wider range of markets including the rest of Asia and Latin America.

“The Chinese pharmaceutical market is the second largest in the world after the United States, and is expected to achieve strong double digit growth into the future,” said the Japanese company in a statement. “Eisai regards China as a major force in driving its global business growth.”

“Strengthening its production system in China through the establishment of this new facility, Eisai seeks to make further contributions to patients by ensuring the stable supply of high-quality products to China and other emerging countries.”

To support the new plant, Eisai has also established a holding company in Suzhou, Eisai China Holdings Ltd – which is a subsidiary of Eisai Asia Regional Services Pte Ltd, Eisai’s representative subsidiary for Asia located in Singapore.

With the establishment of this new company, Eisai China Holdings Ltd will integrate the Chinese domestic subsidiaries Eisai China Inc and Eisai (Suzhou) Trading Co Ltd, strengthen various functions including accounting, legal and compliance, and also create a flexible capital transfer system to respond to capital demands, in order to optimize the management of business in China.

 

PACKAGING BUSINESS INSIGHT ASIA

1 PBIA May2015 web

Zen-Japanese-packaging-Ad

© 2017 packwebasia.com All Rights Reserved. Developed By BungFaiz