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 >>

Malaysia >>  2/28/2017 - The Saudi Arabian Oil Company (Saudi Aramco) and Petroliam Nasional Berhad (PETRONAS) signed a Share Purchase Agreement (SPA), allowing Saudi Aramco’s...
Japan >>  2/27/2017 - The Japanese economy continues to experience good growth momentum after a period of declining indicators in past months. It remains to be seen if the ...

Russia >>  2/8/2017 - GDP in Russia contracted by 0.4% y-o-y in 3Q16, the slowest pace since the onset of economic deceleration in 1Q15. Household consumption showed a slow...
Russia >>  2/7/2017 - The technology company The Linde Group has recently been selected by Gazprom and Project EPC contractor SRDI Oil & Gas Peton as the licenser for a mid...

Indonesia >>  2/1/2017 - Honeywell (HON) announced that PT Pertamina (Persero) will use Honeywell UOP technology to produce high-octane gasoline blending components and jet fu...
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.