Business Intelliegence on Product Quality, Supply Chain, Outsourcing, Manufacturers, Suppliers, Import/Export and Trading In China


China Expansion For U.S. Biotechnology Firm

Two joint ventures in China have been announced for Catalent Pharma Solutions' Softgel Technologies and Clinical Supply Solutions businesses, respectively.

Catalent has agreed to acquire, pending regulatory approvals, a majority share in Haining-based, privately held Zhejiang Jiang Yuan Tang Biotechnology Company Ltd. The business produces nutritional softgel products for Chinese and Asia Pacific markets, and employs 120 staff. Catalent intends to work with regulators for future expansion into OTC and prescription softgel manufacturing in China.

In the second announcement, Catalent and ShangPharma Corporation, a China-based pharmaceutical and biotechnology research and development outsourcing company, have formed a joint-venture called Catalent (Shanghai) Clinical Trial Supplies Company Ltd. A new 31,000 sq. ft. facility in Shanghai, which is currently under construction, will be the first in China to provide end-to-end solutions for clinical trial supplies, including comparator sourcing, primary and secondary packaging and labeling, and storage and distribution.

The company intends to make additional investments in these two facilities over the next several years to broaden its offerings in the Chinese market.

No other terms of the transactions have been disclosed.



Be the first to comment on "China Expansion For U.S. Biotechnology Firm"

Leave a comment

Your email address will not be published.






  Other China News

ChinaTechNews.com:

Lenovo Launches Entrepreneurship Accelerator In Hong Kong

China's Baidu Makes American Blockchain Investment

Beibei.com Raises Investment Aimed At China's Population Boom

Ant Financial To Acquire 20% Stake In Thai Payment Company


GreenChinaTech:

Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center


ChinaRetailNews.com:

Jonathan Howes Appointed Executive Chef Of New World Beijing Hotel

The Westin Bund Center Shanghai receives 'Outside Catering Service Certificate' from Shanghai Food and Drug Administration

Metro Launches Food & Beverage Institute For Hospitality Professionals In China

Choose Well Behind The Bar: The Westin Beijing Chaoyang Introduces Crafted At Westin