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Released May 22, 2024 | KOFU, JAPAN
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Researched by Industrial Info Resources (Sugar Land, Texas)--Merck (Darmstadt, Germany) will invest 430 billion won (US$319 million) in Daejeon, South Korea, to create a base for targeting the Asia-Pacific region.
The new plant will be built within the International Science Business Belt in Dungok District, Yuseong-gu, and detailed design work for construction is underway.
The new production plant is supplied with products and solutions essential for biopharmaceutical development and production, including Merck's dry powder cell culture medium.
This investment is the largest investment Merck has ever made in the Asia-Pacific region.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can click here to learn more about the project.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
The new plant will be built within the International Science Business Belt in Dungok District, Yuseong-gu, and detailed design work for construction is underway.
The new production plant is supplied with products and solutions essential for biopharmaceutical development and production, including Merck's dry powder cell culture medium.
This investment is the largest investment Merck has ever made in the Asia-Pacific region.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can click here to learn more about the project.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
