Alcon opens S$200m manufacturing plant in Singapore

A man walks past the logo of Swiss drugmaker Novartis AG in front of a plant in Basel

Eye care pharmaceutical firm Alcon has moved into its new S$200 million manufacturing plant in Tuas Biomedical Park in Singapore.

The move will help the firm boost its capacity to meet the growing eye care needs in Asia.

The new 330,000 square foot plant will manufacture products for patients with dry eyes, glaucoma, allergies and bacterial infections in the eye.

US-based Alcon is the second largest division of the Novartis Group.

This is Novartis’ third manufacturing plant and Alcon’s second facility in Singapore.

In 2005, Alcon opened a contact lens manufacturing facility in the Tuas Biomedical Park.

Country President for Novartis Singapore and Head of Group Country Management, Christopher Snook, said: “Singapore’s robust biomedical presence, and the highly skilled and knowledgeable workforce made it easy to choose Singapore for our new site.”

“Asia is a very fast growth market and region for us and it is right therefore that we produce products nearby where our customer base is. That’s why this facility, our third factory in Singapore, is a specialist eye care facility and this is on top of the other facilities, pharmaceutical manufacturing and contact lens factories that we have in Singapore already,” he added.

 

 

 

 

Source : Channel News Asia | April 14, 2014

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About thomasdinnocenzi

Thomas D'Innocenzi is a highly accomplished, results-focused senior international executive with extensive experience in global sourcing and market development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global sourcing operations worldwide. Extensive experience in international market development operations to accommodate rapid growth. Skilled in building top-performing teams, benchmarking performance, and restricting organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. As principal of Nova Advisors, LLC I’ve assembled an exemplary team that brings with them the knowledge and experience gained from starting up a Global Sourcing program with multiple Fortune 500 companies as well as the largest supplier network throughout the Asia-Pacific region. We have experience and expertise in more than a thousand medical and pharmaceutical products in manufacturing and sourcing at the best value. The right product, the right price point and the right branding fueled these successes that resulted in double-digit growth for top line sales and bottom line net margins for our customers. What sets us apart: • Our reach includes a large network of suppliers & manufacturers spanning 13 countries in Asia-Pacific region • We understand the manufacturing process and the business of the supplier and the buyer • Our company culture is based on quality assurance and our process is based on local quality control Our commitment is to be your partner offering the best products and services at the lowest cost. Contact me to discuss how we can make the global marketplace work for you. thomas@novaadvisors.com In addition, I am open to discussing opportunities in global sourcing, international marketing & sales, logistics and medical/pharma in Thailand, Vietnam, Malaysia, Philippines & Japan. Aside from my work I enjoy piano, astronomy, physics, and assisting my daughters with their studies. SPECIALTIES: Global Sourcing, Supply Chain Management, Business Development, Marketing, Logistics, Global Networking, Market Development, Healthcare Solutions, Pharmaceuticals, Medical Devices, Technology, Asia, Southeast Asia, US and Canada
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