DARMSTADT, GERMANY: Merck announced an additional investment of €40 million to build a robust manufacturing and distribution platform in Asia over a span of two years. This investment follows Merck’s November 2016 announcement of its €80 million life science investment in Nantong, China.
“In biopharmaceutical research, time is of the essence. Our investments in the important Asian markets of South Korea, India and China ensure that our customers have ready access to the products needed to develop new therapies and biosimilars that accelerate access to health for people everywhere,” said Udit Batra, member of the Merck executive board and CEO, life science.
Manufacturing & distribution centre in Songdo, South Korea
The rapidly growing biopharmaceutical industry in South Korea makes the country one of the key life science hubs in Asia. The push for research and for rapid, custom manufacturing capabilities mean a greater need for accessibility to pharmaceutical products and solutions for the advancement of research and innovation.
Merck’s new manufacturing and distribution centre, located in the Songdo district of Incheon, will include an infrastructure to facilitate the supply of Merck products to customers in Korea and advanced cell culture media manufacturing capabilities (imMEDIAte advantage custom media). Occupying a land area of 10,141 square meters, the new site is expected to be fully operational in Q4 2019.
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