Merck KGaA (MKGAF.PK) Opens $189 Million Nantong Pharma Plant; Plans $89 Million Life Science Center
11/7/2016 8:50:34 AM
Merck KGaA of Germany officially opened its new $189 million China pharmaceutical plant in Nantong and announced another $89 million investment in a nearby Life Science center. The Nantong facility will produce drugs for China's Essential Drug List while the new Life Science Center will manufacture high-purity inorganic salts, cell culture media products as well as ready-to-use media for drug discovery and production. Merck said the plants will help transform Merck from an importing company to a local China pharma.
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