Did you know?

ChinaBio® Group is a consulting and advisory firm helping life science companies and investors achieve success in China. ChinaBio works with U.S., European and APAC companies and investors seeking partnerships, acquisitions, novel technologies and funding in China.  

Learn more >>

Free Newsletter

Have the latest stories on China's life science industry delivered to your inbox daily or weekly - free!

See preview >>

  Email address:
   

Fosun Pharma Lands $107 Million to Build African Production and Distribution Facility

publication date: Jun 8, 2023

Shanghai Fosun Pharma will partner with the International Finance Corp, a World Bank affiliate, to build a pharmaceutical production facility and distribution hub for Africa in the Ivory Coast. The IFC will issue two loans worth a total of $107 million to help underwrite the cost. The project, which was launched in November 2022, will consist of three phases, ultimately building a manufacturing plant with the capacity to make 5 billion medicine tablets annually. Fosun said the new facilities will support better healthcare delivery in West Africa, especially for malaria and antibacterial medicines. More details....

Stock Symbols: (SHA: 600196; HK: 02196)

Share this with colleagues:  


This article is available for purchase - please click here for details.

Sorry this page is available to subscribers only.
If you're not a subscriber why not subscribe today?

If you are already a subscriber, please login.

If you believe you should have received this message in error, please contact us.


 

To gain access to the members only content click here to subscribe.

You will be given immediate access to premium content on the site.

Upcoming Events

ChinaBio® Partnering Forum
September 10–11, 2024 | Shanghai, China
Register here

BIO-Europe®
November 4–6, 2024 | Stockholm, Sweden
Save €900 before September 13!
Register here

Biotech Showcase™
January 13–15, 2025 | San Francisco, CA
Save $600 before September 27!
Other Relevant Events

Antibody Engineering & Therapeutics Asia
October 21–23, 2024 | Kyoto, Japan
Save 30% with code CHINABIO30!
Register here