none
none

THERMO FISHER SCIENTIFIC EXPANDS IN SOUTH KOREA

13-09-2016
by 
in 

As part of an ongoing effort to address the increasing global demand for clinical services, Thermo Fisher Scientific has opened a new state of the art GMP standard facility in South Korea.

Located in Seoul, the new complex is set to provide local, regional, and global pharmaceutical and biotech companies with a comprehensive service and supply for clinical equipment and materials.

From storage, labeling, packaging and sourcing, the facility is set to handle the entire chain of distribution.

“Thermo Fisher Scientific was established in South Korea in 1994, and over the ast 22 years, our goal has been to invest in local infrastructure and presence to better support the market-specific needs of our customers,” said Tony Acciarito, Vice President of Thermo Fisher South Korea.

The Asia Pacific region is the fastest expanding market for pharmaceutical and clinical services. Thermo Fisher has opened several new facilities in the region, and employs over 430 workers.

The South Korean investment bodes well for the market, indicating a strong and continual growth in biotech and pharmaceuticals that is likely to have a run-over effect that will benefit the Australian and wider Asia Pacific region.

Related news & editorials

  1. 21.11.2017
    21.11.2017
    by      In
    Darcy Ewing of Kurrupt Kustoms in Albury NSW was running compressed air from a 6-year-old reciprocating piston-style compressor when (in his own words) it virtually “S*** itself!”.
    This left his high-end auto body and customisation shop in real trouble with a total shutdown of all essential... Read More
  2. 21.11.2017
    21.11.2017
    by      In
    If the recent upheavals in Australian manufacturing illustrate one truth, it is the absolute necessity for forward planning, and more to the point, the importance of planning for growth – regardless of a company’s existing size.
    While the ambition to grow a manufacturing operation is one thing,... Read More
  3. 21.11.2017
    21.11.2017
    by      In
    Blockchain technology was invented to make the world’s first crypto-currency, Bitcoin, possible. Traditional currencies rely on intermediaries like governments, banks and clearing houses to guarantee their value and process transactions. Bitcoin uses digital technologies to cut out these middlemen... Read More
  4. 21.11.2017
    21.11.2017
    by      In
    Australian Tank Engineering (ATE Tankers) has been engineering and manufacturing tankers in Australia for nearly two decades. But whereas most vehicle manufacturers have seen sales decline in recent years, ATE has elevated itself through the trend with a transformative mindset that has enabled the... Read More