Gulf Oil and Gas accountACCOUNT

Marubeni & Shanghai Fosun to Collaborate on a Pharmaceuticals & Related Products

Source: www.gulfoilandgas.com 12/27/2016, Location: Asia

Share |
Marubeni Corporation (“Marubeni”) has concluded an agreement with Shanghai Fosun Pharmaceutical Development Co., Ltd., wholly owned by Shanghai Fosun Pharmaceutical (Group) Co., Ltd., (“Fosun Pharma”), for a joint study on the development of a pharmaceuticals and related products distribution business between Japan and China.

In China, as the number of patients with chronic diseases is increasing as a result of rising consumption levels and lifestyle changes, there is an increasing demand for pharmaceutical products. The expectations of foreign pharmaceutical companies, including Japanese companies, for the Chinese market is also increasing as China has recently been developing a medical insurance system.

Marubeni and Fosun Pharma agreed to study the establishment of a JV, aiming to sell mainly Japanese pharmaceutical products in China, in order to meet an anticipated increase in demand for high-quality products. The JV will also supply high-quality pharmaceutical raw materials and biosimilars (original product copies) manufactured in China to the Japanese market.

Fosun Pharma is broadly engaged in the medical and healthcare industry, including pharmaceutical R&D and manufacturing, medical services, medical/diagnostic devices manufacturing and agentary sales, as well as pharmaceutical distribution and retail.

Marubeni and Fosun Pharma are committed to developing the Chinese market through their extensive experience while also contributing to Japanese pharmaceutical companies in expanding their business in China.

Chemicals News in China >>

Azerbaijan >>  1/18/2017 - Axens confirmed today the signature of an AlphaButol® technology licensing agreement with SOCAR for the production of high purity 1-Butene through eth...
Japan >>  1/12/2017 - With data up to October 2016, oil demand in Japan has been determined by falling requirements in the direct use of fuel and crude oil for electricity ...

Japan >>  1/9/2017 - Japan’s crude oil imports dropped in October by 182 tb/d, or 6%, to average 3.1 mb/d. Y-o-y, crude imports also declined in October by 67 tb/d, or 2%....
Iran >>  12/25/2016 - ICOFC managing director has announced that 20 projects for development of oil and gas fields or enhancement of oil recovery will be put out to tender....

Russia >>  12/8/2016 - Glencore notes the announcement released by the Russian government regarding the privatization of shares in Rosneft. ...

Related Categories: Abrasives  Agents, Anti-foaming  Caustic soda  Chemicals  Chlorine Liquid  Corrosion Inhibiting  Fertilizers  Fluids/Chemicals  General  Industrial & Laboratory  Industrial gas, Hydrogen  Industrial gas, Nitrogen  Industrial gas, Oxygen  Soda Ash  Sodium Hypochloride  Water Treating 

Related Articles: Abrasives  Agents, Anti-foaming  Caustic soda  Chemicals  Chlorine Liquid  Corrosion Inhibiting  Fertilizers  Fluids/Chemicals  General  Industrial & Laboratory  Industrial gas, Hydrogen  Industrial gas, Nitrogen  Industrial gas, Oxygen  Sodium Hypochloride  Water Treating 


China Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 |

More News

 

Oil & Gas Companies in China >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.