JOC Staff | Nov 19, 2012 7:57AM EST
Envirotainer has opened a new office in Singapore to improve access to its active temperature-controlled air cargo containers and cold chain management services across Asia-Pacific, the world’s fastest-growing pharmaceuticals market.
With Asia-Pacific expected to grow 97 percent and account for 29 percent of global pharma sales by 2016, Envirotainer’s increased investment in Asia is part of its strategy to build partnerships with health care companies and their airline and logistics partners across the region.
Singapore has become an important biopharma, medical and logistics hub in the Asia-Pacific region with major companies in the sector building strong commercial, manufacturing, distribution and warehouse presences there. Australia and Japan also are showing promising growth, and the pharmaceutical industries in South Korea, China and India are developing rapidly, Envirotainer said.
