17 August 2013

Boehringer Ingelheim to set up veterinary vaccine plant in China

Taizhou, Jiangsu, China, and Ingelheim, Germany - 16 August 2013 – 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.

“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.

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.

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. 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.

Source: Boehringer Ingelheim