Five APIs such as glycyrrhizic acid monopotassium salt were transferred to our company, and the API production line will be launched soon.
Date:
2017-03-21
After hard work, we have transferred 5 approval numbers of raw materials such as glycyrrhizic acid monopotassium salt from a pharmaceutical co., ltd. in Jiangsu province to our company. Due to the remarkable curative effect, high added value and broad prospects of these products, Hainan Yuyang Health Industry Co., Ltd. will invest 0.15 billion yuan to cooperate with our company to build a new API production line with an annual production scale. After the completion of the project, the annual output value of 0.138 billion yuan. For a long time, there has been a shortage of raw materials in the international market. 40% of the annual output of the five products is exported, earning 8.5 million US dollars. The project is expected to be put into production in early 2018 and has a very good market.
2017-03-21
After hard work, we have transferred 5 approval numbers of raw materials such as glycyrrhizic acid monopotassium salt from a pharmaceutical co., ltd. in Jiangsu province to our company.
Due to the remarkable curative effect, high added value and broad prospects of these products, Hainan Yuyang Health Industry Co., Ltd. will invest 0.15 billion yuan to cooperate with our company to build a new API production line with an annual production scale. After the completion of the project, the annual output value of 0.138 billion yuan.
For a long time, there has been a shortage of raw materials in the international market. 40% of the annual output of the five products is exported, earning 8.5 million US dollars. The project is expected to be put into production in early 2018 and has very good market prospects and economic benefits.
Key words:
Biopharmaceuticals
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