Temperature controlled packaging and equipment specialist Peli BioThermal has opened its first network station in China. Located in Shanghai, it will serve worldwide customers of the Crēdo on Demand rental program.
Vice president of global services, Dominic Hyde, said: “China is the second largest pharmaceutical market in the world, and the country has plans to significantly grow its pharmaceutical industry over the next five years. Our new network station will make temperature controlled logistics more convenient for customers doing work in the broader Asia-Pacific region.”
China is the leading producer of active pharmaceutical ingredients and a top producer of generic drugs. Through its Made in China 2025 plan, it aims to further grow its pharmaceutical industry, focusing on drug innovation through research and development. Shanghai is also home to several of China’s top 10 pharmaceutical manufacturers.