German pharmaceutical firm plans new APAC bioprocessing plant in South Korea | Healthcare Asia Magazine
, South Korea
Image source: Merck

German pharmaceutical firm plans new APAC bioprocessing plant in South Korea

Merck will use its Asia Pacific Bioprocessing Center for commercial manufacturing for its biotech and pharmaceutical clients.

German-based Merck signed a non-binding memorandum of understanding with South Korea’s trade ministry and the local government to set up a bioprocessing manufacturing plant in Daejeon City.

Merck said the facility dubbed Asia Pacific Bioprocessing Center will be used for commercial manufacturing for its biotech and pharmaceutical customers. It also aims to support the region’s healthcare ecosystem.

"The proposed facility would play a vital role in fulfilling demand in the Asia-Pacific region while representing an important hub for further biopharma industry development in South Korea,” Matthias Heinzel, member of the executive board and chief executive for life science at Merck, said in a statement.

The MoU was signed between Merck, which operates across life science, healthcare and electronics globally, as well as Korea’s Ministry of Trade, Industry and Energy and the local government of Daejeon City.

The company also vowed to work with the local government to support local biotech firms located in the Daedeok Research Complex and expand its academic research collaboration with select universities in the country.

"Together with Merck, this planned investment cooperation will help support Daejeon's growth to become a world-class biotech hub,” said Jang Woo Lee, the mayor of Daejeon.

In choosing the East Asian nation for its new regional production plant, Merck’s Heinzel said he regards South Korea as an “emerging global leader in the biotech industry.”

Follow the link for more news on

Join Healthcare Asia Magazine community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!