Boehringer Ingelheim partners with Taizhou China Medical City to open leading veterinary manufacturing plant in Jiangsu Province, China

• Ground-breaking ceremony for leading veterinary manufacturing plant in Taizhou/China

• Investment of 58 million Euro

• 200 job opportunities expected

Taizhou, Jiangsu, China, and Ingelheim, Germany, 27-8-2013 — /EuropaWire/ — Today, the research driven pharmaceutical company Boehringer Ingelheim, in partnership with Taizhou China Medical City in Jiangsu Province, China, held the ground-breaking ceremony for a veterinary vaccine manufacturing plant at the China Medical City (Taizhou China Medicine High-Tech Development Zone). The joint venture, with investment totaling 58 million Euro, will become a leading manufacturer of veterinary vaccines in Asia upon its completion. The facility is expected to complete construction in June 2015 and to create about 200 job opportunities.

Dr Joachim Hasenmaier, Member of the Board of Managing Directors and responsible for Animal Health

“China is one of the most important Animal Health markets in the world. With the start of this project, we are fulfilling our commitment to providing the entire value chain of our vaccine business in China,” said Dr Joachim Hasenmaier, Member of the Board of Managing Directors and responsible for Animal Health: “Taizhou China Medical City, with its favourable geographic location, sound investment environment and well qualified employees, among many other advantages, proved to be an ideal partner for Boehringer Ingelheim. The project underlines our commitment of continued investment in China.”

With nearly 60 years of experience in the Animal Health sector, Boehringer Ingelheim is a market leading company and the largest vaccine supplier for swine worldwide. Through this joint-venture, Boehringer Ingelheim is set to introduce leading Animal Health technology in China and to expedite the sector’s development in the country. The joint venture will become a leading force for the country’s animal husbandry sector, providing scientific, innovative and high-quality solutions in the area of Animal Health. The manufacturing plant will mainly produce vaccines for swine and poultry diseases.

Lu Chunyun, Standing Committee member of Taizhou municipal government and president of China Medical City, said: “Boehringer Ingelheim is a leading player in the world’s Animal Health sector, particularly in swine vaccines. China Medical City is the country’s only national-level medical high-tech development park. This co-operation is set to create synergy and a win-win situation.”

“Boehringer Ingelheim’s vision is to become a reliable partner of choice for China’s animal breeders and to contribute to food safety in China,” said Dr Hasenmaier. “The Animal Health business together with our other strategic pillars – Prescription Medicines, Consumer Healthcare, Biopharmaceuticals and Operations – will continue to bring more health to China.”

In 2012, Boehringer Ingelheim China’s Animal Health business was ranked among the top three in multinational pharmaceutical companies in China. The success was driven particularly by the growth of the animal vaccine business. The core products, including Ingelvac Circoflex® (which helps to protect swine against Porcine Circovirus Disease), have achieved remarkable market recognition and success. The company also set up its Asian Veterinary Research and Development Center (AVRDC) in Shanghai Zhangjiang High-tech Park early last year.

Boehringer Ingelheim
The Boehringer Ingelheim group is one of the world’s 20 leading pharmaceutical companies. Headquartered in Ingelheim, Germany, it operates globally with 140 affiliates and more than 46,000 employees. Since it was founded in 1885, the family-owned company has been committed to researching, developing, manufacturing and marketing novel medications of high therapeutic value for human and veterinary medicine.

Social responsibility is a central element of Boehringer Ingelheim’s culture. Involvement in social projects, caring for employees and their families, and providing equal opportunities for all employees form the foundation of the global operations. Mutual cooperation and respect, as well as environmental protection and sustainability are intrinsic factors in all of Boehringer Ingelheim’s endeavours.

In 2012, Boehringer Ingelheim achieved net sales of about 14.7 billion euro. R&D expenditure in the business area Prescription Medicines corresponds to 22.5% of its net sales.

Media contact

Boehringer Ingelheim
Matthias Kagerbauer
Binger Strasse 173
55216 Ingelheim am Rhein
GERMANY

Phone +49/6132/77 2356
Fax +49/6132/77 6601
contact
e-mail
vCard