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Merck KGAA Invests €260m In Production Value Chain in China

 
• By Ying Huang

German group Merck has inaugurated a major new pharmaceutical plant and announced a further investment in China, where it sees opportunities in essential drugs amid rising demand as the country broadens its basic healthcare coverage and its population ages.

Germany’s Merck KGAAhas augmented production capacity for its pharmaceutical business in China by opening a new €170m ($180m) drug plant in Nantong dedicated to the manufacture of medicines on China’s Essential Drug List (EDL).

Following an initial €80m investment announced in 2013, the firm injected an additional €90m into the Nantong site, now home...

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