Home / Business / Healthcare & Pharmaceutical Tools: Save | Print | E-mail | Most Read | Comment
Pfizer opens new facility in Dalian
Adjust font size:

The US-based pharmaceutical giant Pfizer unveiled its new manufacturing facility on Friday in this port city of Northeast China's Liaoning province after 20 years of its presence in China.

"The new manufacturing facility will almost triple the production capacity of cephalosporin vials, an antibiotic used for the treatment of bacterial infections in the Dalian site, meeting rapidly growing demand in China and other markets," Ahmet Esen, country manager of Pfizer China said.

The move is part of Pfizer's strategy to continue to invest in its Dalian site, its first manufacturing facility set up in China in 1989, in a bid to transform it into one of the firm's most important global suppliers, said Allan Gabor, regional president of North Asia, Emerging Market Business Unit of Pfizer.

Despite the current global financial crisis, Pfizer invested $6 million in the expansion. The Dalian site was set up with a total investment of $60.4 million.

"Even in the middle of this worldwide economic crisis, we see China as a key strategic partner," he said.

The Pfizer Dalian site was also the first pharmaceutical company in China to gain a GMP certificate. "The Dalian site has also gained many other certificates. Therefore, it is easier to bring new products to China and to export to other countries," Gabor said.

It has also received praise from other corners including Xia Deren, the mayor of Dalian. "The Dalian site of Pfizer is the biggest US-invested company which went operation in the city now," Xia said.

(China Daily February 28, 2009)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>

Feb.14, Beijing China Macro-Economy Forecast Spring Annual Conference
Feb.22 - Feb.23, Shenzhen 21st Century China Capital Market Annual Conference
Feb.26 Shenzhen Time Weekly Marketing Awarding Ceremony

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?