Singapore - 14 April 2014 - Alcon officially opened its new ophthalmic pharmaceutical manufacturing facility in the Tuas Biomedical Park in Singapore. Construction on this 330,000 square foot facility began in 2009, and represents an investment of approximately S$200 million. The plant produces ophthalmic pharmaceutical products which address eye conditions such as glaucoma, dry eye, allergies and bacterial infections. Currently, the facility employs approximately 150 associates, and is expected to continue to grow as production increases.
“The need for quality eye care is increasing rapidly across Asia, as the population grows and ages,” said Roy Acosta, Area President, Alcon Asia-Pacific. “With the opening of this new manufacturing facility, Alcon is making a strong investment in the future of our business in Asia, and ensuring that our innovative products are readily available to those who need them.”
Alcon already has experience in operating a manufacturing plant in Singapore. In 2005, the company opened a contact lens manufacturing facility in the Tuas Biomedical Park, to meet the growing demand for DAILIES®contact lenses. Singapore has proven to be an attractive manufacturing environment for Alcon.
“Alcon’s first ophthalmic pharmaceutical manufacturing facility in Singapore further strengthens our position as a global biomedical hub. To support this growing sector, Singapore will continue to work with companies to develop dedicated infrastructure, industry-ready talent and new manufacturing capabilities. We look forward to deepening our partnership with Alcon and Novartis to create good jobs and exciting careers in Singapore,” said Mr. Yeoh Keat Chuan, Managing Director of the Economic Development Board.
Alcon is a global leader in eye care. The three Alcon businesses - Surgical, Pharmaceutical and Vision Care - offer the widest spectrum of eye care products in the world. Alcon is the second largest division of the Novartis Group, with pro-forma sales of USD 10.5 billion in 2013. Headquartered in Fort Worth, Texas, USA, Alcon has more than 25,000 employees worldwide, operations in 75 countries and products available in 180 markets.